Kin Advocates Voices: Sergio Fernandez

Written by: Kin Foundation

A non-profit organization dedicated to growing the reach and impact of the Kin Ecosystem.

January 28, 2022

Kin Advocates Voices is a collection of stories told by Kin OG’s and influential advocates. We highlight their discovery of Kin, why they became supporters, and their journey into the community. 

Tell us about your background leading-up to what you currently do in your job or responsibilities? 

I currently work as a Retail Area Manager, managing stores for a Spanish brand for over 6 years. My work requires a wide variety of skills to do various tasks related to the stores. It includes managing teams (hiring, training, giving support and elaborating educational material about sales and tools), to manage legal aspects (negotiate with shopping malls and other service providers), to do product forecast and controlling stocks, track and analyze KPI’s  to take decisions to follow the budget and improve the turnover and, among other things, to create and implement point of sales campaigns or to manage and participate in projects related with new customer services or new tools for the stores. 

Previously I was working freelance in some TV production companies. Also, I worked in some Spanish mass-media companies doing internships while studying journalism, production of events and a communication degree. Previously, I used to work as a DJ on private parties, collaborating with a local radio show, as a sales assistant or even as a voice-over or actor in some TV commercials…..but that was too much time ago now! 

How did you first become interested in cryptocurrency? How did you discover KIN? 

I discovered Kin around 2017, just before the ICO. I always had an interest in new tech. I started learning about stock markets before that, but the crypto fever of the 2017 bull run got all my attention and I started to read often about crypto because it wasn’t only about money, it was about something more revolutionary. 

The first time I heard about crypto was when I was working in the media and a workmate had to cover some news about the first Bitcoin cash machines in Barcelona. Sadly, I only read about it for some days, and I didn’t get involved too much more by then (2013). 

When I found Kin, I immediately fell in love with the vision and purpose of Kin. For the first time, I found a crypto that would be developed for and focused on consumers, mass adoption, and it would reward developers in a similar way that the Bitcoin network rewards its miners. What could go wrong with it? Myself, like most of the community members, expected Kin to be where we are now faster, but the SEC situation delayed  Kin Ecosystem’s growth rate. 

What inspired you to become a KIN advocate and when did that happen? 

My interest in Kin made me engage a lot with other community members. Some of them are now my “anon frens” and I collaborate with them in other community projects. Also, I had to learn fast about new tech, but it’s something that I like to do. For example, I learned to manage an Ethereum wallet with a horrible ethereum based DEX getting  my first Kin (2017) –  also to manage a swap provider for the first migration from Ethereum to Kin blockchain (2019) and finally to get used to Solana and its ecosystem when Kin Community confirmed the move from the Stellar blockchain to the Solana blockchain

In the middle of that journey, I started to help others manage what’s new, because not everybody has the same patience or skills to learn new things about certain topics. Additionally, we had one of the first and most complex lawsuits of the crypto space that made me research and learn about it to try and get some clarity to share with the community. It was difficult because even the best lawyers didn’t know with certainty about this new paradigm with lack of legal clarity and neither Kik Interactive nor the Kin Foundation could talk too much about it publicly. 

I think it was sometime during that journey of learning to share and provide support to others when Kevin Ricoy reached me to collaborate with the Kin Community and the Kin Foundation around 2020. It was then that I joined a group of passionate people in something that was called the Kin Community Council, where we manage some community projects or collaborate in certain aspects to help to push Kin Ecosystem forward. 

The main contributions I have been making are related to the community. I joined the Kin Community Council and started the Kin News channel to try to concentrate & amplify the ecosystem news. The first post there was about celebrating how Kin was not declared a security and the ecosystem would keep developing without the shadow of SEC. Leehuk and other members also keep it updated to serve the community. 

A year later, the channel helps to keep around 800 subscribers updated and is also linked to the main telegram channel. Additionally, I started the Spanish telegram channel and, coordinating with people around the globe interested in Kin, we managed to create around 10-12 new Kin language channels on telegram. That was an amazing experience where we met other passionate Kin community members. I’ve been very active in the different community channels on telegram. Now I mainly participate as a moderator on The Kin Channel, where we set up and maintain the Kin OG Assistant, a bot to easily provide answers for the most common questions and Kin resources. 

Furthermore, I got involved with some apps and even got in touch with some third parties that are part of the Kin Ecosystem. I usually make my contributions or proposals to try to help Kin Foundation to improve the ecosystem when I see any opportunity. Also, when it’s possible, I try to get back on reddit to participate or just to help others, but recently I’ve been more active on my crypto Twitter account and Telegram.  I wouldn’t imagine that I would get engagement and the attention of relevant people around crypto and even to influence or to help build some connections for Kin Foundation. People underestimate the power of crypto, where everybody has a voice and can contribute or influence its future.  

How would you explain Kin to somebody who’s unfamiliar with cryptocurrency? 

Explaining crypto to someone is difficult, because we are still in the early stages, where most part of the population believes that cryptocurrency is just some kind of speculative thing to gamble on. Referring to Kin, I would explain that Kin is money in a digital ecosystem of apps, where the money, rather to be printed by governments, is being printed by the Kin Rewards Engine, which rewards weekly to developers based on the activity of its apps. 

Apps can get an important turnover if they manage to align their Kin integration with the criteria that applies to the KRE, which is currently based on Active Users Balances. That change, for example, made apps work on staking or rewards system for its users, creating a win-win for the apps and consumers of those apps. Now that we have solutions related to a buy module, like Simplex or Ramp, where you can easily buy Kin, I could expect the KRE to evolve to incentivize apps to implement buy options with those new tools. 

It’s important to mention that anybody can make a proposal to the KRE criteria that would be voted on and implemented if it benefits the future of the Kin Ecosystem and its participants. Another key aspect to mention about Kin is that the Kin Foundation and the community build different tools for developers to easily integrate cryptocurrency based experiences to start benefiting from the KRE without much effort or technical experience to get there quickly. Isn’t it an amazing way to drive a digital ecosystem? 

What advice would you offer newcomers to cryptocurrency/Kin? 

For crypto in general, I would recommend they begin by understanding previous market cycles and the projects they are interested in. A newcomer needs to decide how they want to participate in crypto. If they are interested in trading, it’s important to learn the basics of technical analysis that will provide them with just some probabilities and better chances and tools to manage their risk properly. 

But this market is so volatile, and you need to be very disciplined to do that successfully.  If they decide to be a market participant by fundamentals, focused on mid-long term, I recommend them to stay-tuned about the new solutions that crypto offers to the real world and just to do dollar cost averaging on projects that really work on trying to offer a solution for the real world, so it could get mass adoption. And, seriously, be patient.  My worst mistakes in that area were to spot good projects and not have enough patience to hold there like I’m doing with Kin.  Cryptocurrency is a very new field, where new things appear and evolve quickly every day –  for that reason there is a good chance to learn about any area or any project of your interest to start building or contributing around it. 

I think you can get a job in crypto or  initiate your own project because there are still a lot of gaps around blockchain applications. Maybe I would focus on Web 3.0, which is built upon the core concepts of decentralization, openness, and greater user-utility. In fact, some  Solana blockchain applications, where the Kin Ecosystem is running on, offer good features to build on it, because users will be using blockchain features on those services with low latency and fees. 

In the end, users don’t want to know about the tech behind it, they just want to use their favourite apps to listen or share some music, to bet against others, to have some fun making dubs  or, for example, to play a social game while they get the chance to earn some rewards and being able to use it to exchange for other digital services

Kin is now the SPL token on Solana with the most token holders. You should know Solscan is only showing a small % of the total Kin wallets –  prepare to see that number to go up very high because Kin migrated over 50 millions accounts with positive balance to Solana. But, currently not too many Solana explorers are ready to handle it, and Solscan has only started to show accounts with recent activity.  

What are some good ways that community members can help the Kin Ecosystem? 

Everybody can contribute depending on their skills or area of interest. Contribute means for me doing the things you like to do or just share with others while you learn, use, or build around the Kin Ecosystem. The best way to start is to join the community channels, where you will find other amazing members ready to help you to get involved in Kin Community, no matter if you are a developer or just a crypto enthusiast, you will find your place. I liked a lot of contributions like kin.reviews, Cuppa.Kin & the Kin Cryptocurrency Discord server thanks to the community members behind it. If you don’t know where to start, just join any initiative, developer team or community channel, and you will learn to do your best to keep pushing the Kin Ecosystem forward. 


About Kin

Kin is a decentralized cryptocurrency purposely designed to integrate easily across Mobile and Web Apps, with a built-in incentive model that rewards developers for increased usage. Apps built with Kin get paid for creating compelling cryptocurrency-based user experiences, where greater engagement results in shared economic benefits for users and developers. Today, the Kin Ecosystem boasts 60 million wallets, and has distributed over $70M in rewards across 60+ apps since its inception in 2017. Kin is an SPL token on the Solana blockchain, enabling consumer-scale apps to transact swiftly, with minimal-to-no fees. Learn more at Kin.org.

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