Kin Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Kin Coin consists of three chapters: origin, technology and pros & cons.
Kik Messenger is a free chat and messaging application also targeted towards teens. The great thing about with about having 300 million registered users. The Kik ecosystem will offer a host of decentralized products and services and the Kin token will be Kik’s primary transaction currency.
How does Kin work?
The funds from the ICO are using to build the Kik ecosystem according to Kik’s whitepaper. Like, it don’t really improve to it uniquely. Kik first introduced Kik Points in 2015. Which functioned as a digital currency, used to buy in-app items and services.
The Kik messaging platform has raised $120.5 million from institutional investors and venture capitalists, including Union Square Ventures. In August 2015, Kik raised $50 million in financing led by Tencent Holdings Ltd. This valued the company to $1 billion. Accordingly, the Kik platform is an important factor in the industry.
As of December 2017, a anouncement was made too. Kin also announced again that, then its token would move from Ethereum to the Stellar platform.
What Separates KIN?
Also, the purpose of KIN tokens can be summarized as the following:
1) And, network currency that is utilized by members of the platform to buy in-app upgrades and features (such as emojis, gifts, etc ..)
2) Then, a marketplace for people to buy and sell goods as well as P2P payments of Kin between users too.
3) also, a reward token for developers to continue building out and improving the Kik eco-system as well as a currency utilized for marketing and advertising
Finally, the team is impressive too. Ted Livingston (Founder and CEO) – Studied such as mechatronics at the University of Waterloo then. Built Kik, a competitor to Facebook and WeChat. WeChat actually boasts over 275 million users and approximately 40% of American teens use it.
If you have concluded that this is the coin for you, congratulations! Buy Kin here.