Kin Newsletter – May 2022

Written by: Jesse Cecchetto

Marketing Communications Lead at the Kin Foundation.

June 24, 2022

During the month of May, the Kin Ecosystem processed 16,388,732 transactions, averaging 546,275 transactions per day. 

The Kin Ecosystem closed the month of May with roughly 1,325,106 monthly active users and over 82,310,851,508 KIN in active user balance across 20 total apps.

New App: CoinKit Joins the Kin Ecosystem

We welcomed a new app to the Kin Ecosystem – CoinKit

CoinKit is a social media focused Web3 wallet that supports various NFTs and cryptocurrencies, while offering the ability to connect social media accounts so CoinKit users can easily manage or use their digital assets across these various platforms. 

Users can now manage their Kin within CoinKit and by connecting the wallet to their social media platforms, they will enable fast and secure tipping, the ability to monetize their social media posts or comments for themselves and their followers, and even easily set up automated Kin giveaways for their audience. 

Visit CoinKit to get started, sign-up via email and connect your preferred social media accounts.

Popular App Swelly Rejoins The Kin Ecosystem

We welcomed back a popular application to the Kin Ecosystem – Swelly

Swelly is a social network and chatbot which allows users to share their opinion with a worldwide community and get feedback on their inquiries within seconds. Swelly has created the simplest possible solution for decision-making – users are able to quickly get feedback via surveys and help others with their daily choices. 

“We wanted to reward our users for their time using our product, and found that Kin was the perfect way to give our users with something of real value rather than our own internal points system”

– Lewis Knell, Swelly CPO

Swelly’s launch with Kin is targeted for late June/early July, which will allow users to begin earning and spending Kin! Make sure to follow Swelly on Twitter, Facebook, and Instagram

Introducing Kinetic: Next Generation Kin API and SDKs for the Kin Ecosystem

We introduced the next generation of Kin API and SDKs for the Kin Ecosystem – Kinetic!

Kinetic is a suite of open-source tools that makes it easy, quick, and intuitive to build apps on the Solana Blockchain, allowing a much more seamless and powerful Web3 developing experience. Kinetic will replace “Agora” and its related SDKs, which are currently in use by many Kin applications today.

As blockchain technology continues to evolve, Kinetic is the next step-forward for the Kin ecosystem, providing more powerful tools and features for developers, faster speeds and better decentralization. Overall, this will be a major improvement for the Kin developer journey.

Read the full Kinetic introductory blog post, visit kinetic.kin.org to learn more, and access the open sourced platform on Github!

Introducing the Kin DApp & Kin GO SDK Demo

Completing our series of Server SDK demos, we were pleased to release the Kin Go SDK Demo, a comprehensive demo server, compatible with our Kin DApp Playground, that makes it easy for you to start interacting with Kin via our Go SDK. 

The Go SDK makes it simple for developers to create accounts, check balances and make transactions with Kin, all while making sure you get credit via the Kin Rewards Engine (KRE).

Additionally, to make it even easier to get started with this Kin’s SDK-less capabilities, we release a new Kin DApp Demo!

One advantage of SDK-less transactions is that you can have users sign their own transactions from their own wallets (e.g. Phantom, Solflare). You can see SDK-less in action in our Kin DApp Playground app, and view our full tutorial to learn more – happy building!

More Awesome Kin News:

KRE Top Earners – Monthly Highlight 

Help Kin create a better digital world by sharing this newsletter with any of your contacts who may be interested!


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 65 million wallets, and has distributed over $70M in rewards across 80+ 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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