Kin Foundation Blog
Latest stories from the Kin Foundation…
Kin and Solana Foundations Sign Agreement to Support the Largest Migration in Blockchain History
The Kin Foundation and Solana Foundation have signed a grant agreement to support the largest migration in blockchain history. Supporting the achievement of 10 million monthly active users of the Kin cryptocurrency, this grant was designed to create a mutually beneficial incentive to bring new active users to the Solana blockchain, further demonstrating its strong capability in allowing Kin to scale globally.
Kin Newsletter February 2021
Stay up to date on the latest developments around the Kin cryptocurrency with the Kin Newsletter. Kin Foundation announces AMA with Alim Khamisa, Messari ranks Kin as the top-performing cryptocurrency in the Web 3 sector, and more.
Monetizing with Kin: PeerBet
PeerBet is a social wager app that was built from the ground-up around the Kin cryptocurrency. The power of an intuitive user experience and the promise of being able to earn something real with Kin has allowed PeerBet to become a powerhouse app on the rise. When exploring how to monetize their app, the team behind PeerBet was drawn to Kin because of its potential to change the way developers interact with users – by rewarding them with Kin coin rather than simply extracting the value they create.
Monetizing with Kin: Perfect365
Perfect365 is an augmented reality (“AR”) beauty app that allows users to perform a one-tap makeover. The team behind Perfect365 chose to monetize their app with Kin because of its potential to enhance the user experience, becoming one of the first flagship applications to integrate the cryptocurrency. With Kin, users are rewarded for their engagement via daily activities and creation of content. For example, makeup artists can receive Kin as a token of appreciation for creating new looks. Users are able to show their appreciation for these critical users of the app, not just by “liking” their creations, but by tipping them with Kin coin. By monetizing with Kin, Perfect365 is able to create a platform where users are rewarded for their engagement. Those users are then able to spend their Kin on unique user experiences suited to this digital currency model, including being able to save photos of experimental looks.
Kin Solana January 2021 Migration Update
The migration from the Kin Blockchain to the Solana Blockchain that started Dec. 15th 2020 was necessary to unlock the requisite capacity and performance for Kin to continue to scale.
Messari Ranks Kin as the Top-Performing Web 3.0 Cryptocurrency
Messari identifies the Kin cryptocurrency as a Top Performer in the Web3 sector. Noting an increase in the Kin token price, the coin has shown a resurgence that validates its potential to disrupt app monetization.
Older posts also available at Kin Blog (Medium)