Largest Catalyst Fund Grant To-Date Powers New Use Cases
Working hard and progressing towards their goal of having the best Kin user experience in the ecosystem, Perfect365 will be developing an ecommerce platform utilizing Kin as a form of payment – with the support of the Kin Foundation and Kin Catalyst Fund at its side.
Perfect365’s ecommerce platform will allow users to purchase various products such as makeup, gift cards, and more, either directly through spending Kin or by utilizing it to discount the total cost of a purchase. Along with various spend opportunities within the platform, users will also be able to top up their Kin balances using credit cards, making the app among the first in the Kin Ecosystem to integrate an in-app buy module.
This milestone from Perfect365 also signals a significant step forward for the Kin Ecosystem as a whole, improving and expanding upon use-cases for Kin and providing holders with additional spend opportunities and UX enhancements.
The Perfect365 team plan to provide updates to the broader Kin community on their progress, and will be guest blogging right here on Kin.org as they work towards the launch of this exciting new ecommerce platform.
Perfect365 is an augmented reality (“AR”) beauty app that allows users to perform a one-tap makeover.
Since becoming one of the first flagship applications to integrate Kin, Perfect365 has focused on providing their users with an exceptional experience, proving their value as an MVP of sorts within the Kin Ecosystem.
What started in 2014 as a simple tool designed to help people try out new looks, almost immediately evolved into much more when the app experienced a major spike in popularity.
Today, Perfect365 is a fully-featured Beauty Discovery Zone, a marketing platform for recognized brands that allows users to explore new trends and elicit feedback from an engaged community of artists and enthusiasts. If you’d like to know more about Perfect365, refer to our previous blog post – Built with Kin: Perfect365.
Why the Kin Catalyst Fund?
The Kin Foundation offers grants from the Kin Catalyst Fund to qualified teams and individuals that can successfully bring meaningful contributions to the Kin Ecosystem. The Kin Catalyst Fund is intended to provide a helping hand to developers who are making significant efforts within the Kin Ecosystem and proving their ability to execute.
If you’re a developer who is eager to begin building with Kin but in-need of a helping hand, or you’ve already integrated Kin and have an idea for a new innovative contribution to the ecosystem – look no further.
Check out the Kin Catalyst Fund website page and view various grant opportunities such as the Accelerator Grant, Strategic Grant and Jumpstart grant to gauge if you qualify.
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.