Kin (KIN)

$0.000006 (-25.88%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
394 $7,403,780.00 $39,848.60 1,214,840,000,000 KIN -- -25.88% -11.99% $0.00

Exchange Pair Volume (24h) Price
CoinTiger KIN/USDT 9,875.03 0.0000057100
Mercatox KIN/ETH 2,214.86 0.0000000300
HitBTC KIN/BTC 5,262.29 0.0000000006
HitBTC KIN/ETH 1,400.03 0.0000000221
Bitforex KIN/USDT 5,616.81 0.0000056200
FatBTC KIN/ETH 13,315.95 0.0000000250
FatBTC KIN/USDT 964.44 0.0000069700
FatBTC KIN/USDC 45.81 0.0000065700
FatBTC KIN/DAI 44.84 0.0000067800
YoBit KIN/ETH 7.80 0.0000000400
Uniswap KIN/ETH 1,102.64 0.0000000491
Mercatox KIN/LTC 0.18 0.0000001000
CoinAll KIN/BTC 309.17 0.0000000008
Bit-Z KIN/BTC 531.63 0.0000000006
Bit-Z KIN/ETH 0.19 0.0000000270
P2PB2B KIN/ETH 2.32 0.0000000300
Bit-Z KIN/USDT 10.83 0.0000050000
CoinAll KIN/ETH 247.87 0.0000000222
StellarTerm KIN-GBDEVU63Y6NTHJQQZIKVTC23NWLQVP3WJ2RI2OTSJTNYOIGICST6DUXR/XLM 76.12 0.0000805000
Lykke 568637D4-2B03-4F66-972E-B947A40F2771/ETH 15.84 0.0000000235
Lykke 568637D4-2B03-4F66-972E-B947A40F2771/USD 10.09 0.0000060000
YoBit KIN/USD 1.08 0.0000160000
YoBit KIN/DOGE 3.49 0.0038536300
YoBit KIN/RUR 0.03 0.0009998800
YoBit KIN/WAVES 0.01 0.0000057000
P2PB2B KIN/USD 4.20 0.0000280000
Altilly KIN/LTC 0.62 0.0000009960
ForkDelta KIN/ETH 471.71 0.0000000530
Bancor Network KIN/BNT 48.25 0.0000438357
YoBit KIN/BTC 0.97 0.0000000100
Mercatox KIN/BTC 0.27 0.0000000100

Background

Kin is an open-source token project built into the Kik social media platform. Kin was created to enable a social media-based marketplace for good and services. Unlike other social media platforms that monetize user attention and activity, Kik plans to use Kin to reduce advertising incentives and enable developers to build better products on the Kik platform. Kin is an iteration of Kik Points, a discontinued token on Kik that users can earn for watching ads and redeem for good or services on the platform (e.g., limited edition emojis). The Kin blockchain is currently controlled by the Kin Foundation, which makes development decisions, defines the project roadmap, and temporarily holds 60% of the total Kin token supply. The Kin Foundation’s stated goal is to be a curator while guiding the young Kin protocol toward a decentralized ecosystem controlled by Kik users.

Technology

The Kin blockchain is a customized fork of the Stellar codebase. Kik originally planned to build the Kin tokens on Ethereum, but decided against it based on the current transaction throughput limitations of the Ethereum blockchain. Kin uses a proof-of-human-work rewards model to incentivize buying and selling goods and services on the Kin network. The Kin team believes that using a token to facilitate commerce over social media will allow developers to monetize valuable goods and services, creating an incentive to supply a broader set of products. The Kin Foundation created a Kik rewards system called the Kin Rewards Engine (KRE) that algorithmically compensates users for transactions with Kin tokens on a daily basis. The KRE allocates participants into categories based on where they spent or received the largest number of KIN on a given day. When the most popular service category is determined, Kin tokens are allocated to the users based on their end-of-day Kin holdings.



Trading Simulator

Buy

Sell

Trades



Back to Coin Listing

"Always buy the dip, never buy the rip."

Please Donate To Bitcoin Address: [[address]]

Donation of [[value]] BTC Received. Thank You.
[[error]]
© 2019 AltcoinDeals.io. All rights reserved.
Privacy Policy Terms of Service