Web3Spy.io - KIN/GBP - Cryptocurrency Prices
Click to Buy Kin!
Buy Kin uk- KIN/GBP
£0.00001030
0.99 %
Change 24h

Description by Coingecko

Kin is a decentralized cryptocurrency token issued on Ethereum, an open-source public blockchain. It was created by Kik Interactive in September 2017 in a token distribution event, raising over $98 million from 10,000 participants. The purpose of the token is to facilitate value transfers in digital services such as gaming applications and social media, and will initially be launched on the Kik messenger to leverage the application's 15 million monthly active users. Use of Kin over other tokens is incentivised by providing a daily reward to developers of these digital services based on their usage. Kik’s latest effort has been allowing users to reward creators directly. Today’s digital content and social media companies monetize their websites using advertising. This model requires that these companies go after economies of scale, adding new users quickly. They also want new users to spend as much time as possible on their platform so they can maximize ad views and therefore revenue. The leadership at Kik believes this trend toward the attention economy is a mistake. Their philosophical argument for creating a cryptocurrency is that advertising and attention seeking is cheapening the content ecosystem and our relationships. Using Kin Coin, they hope to enable consumers to pay creators and developers directly. This crowdsourced patronage is an important trend in social media. We’re seeing similar projects that have gained traction with the likes of Kickstarter or Patreon. These services allow people to pay creators directly, without the need for advertisers. Kik needed further funding in 2017. Instead of raising money from venture capitalists, they decided to launch an ICO to create the token behind their new rewards points system. The token sale for Kin Coin was a success, raising $98 million in September 2017. The sale included over 10,000 people from 117 countries. Unfortunately, Canadian citizens were not allowed to participate, and Kik is a Canadian company. Some argue this dampened demand and contributed to the ICO not reaching its hard cap of $110 million. A total of 10 trillion KIN will exist, of which 750 billion are currently in circulation. The token launched on Ethereum. Kin Coin will launch on Kik later this year. The idea is for monetization to integrate seamlessly into the app. Users should be able to reward creators simply from their wallets with a few taps. Kin Coin is designed to be mobile-first, and a wallet app will arrive in the coming months as well. A few test users can use Kin Coin right now on Kik. The only thing you can do so far is buy some custom digital stickers for use in chats. Expect more features upon launch later this year. Over time, the idea is to allow other digital services and media applications to also integrate KIN. It won’t be exclusive to Kik. However, Kik will be the first company to launch Kin Coin integration. KIN’s value decreased following the ICO as hype died down. In January, KIN rode the wave along with much of the cryptocurrency market to an all-time high. Since January, the price has fallen, but never to pre-January levels. KIN is an ERC-20 token, so you can store it anywhere that accepts Ethereum. MyEtherWallet is a good option for paper storage. Of course, a Ledger Nano S hardware wallet is the gold standard for security. Kin has the backing of a major startup with a large active user base. This is an interesting opportunity to see how well crypto integrates with an existing community, especially a younger community who might not care about crypto. They just want things to work well. Solving the problem of giving crypto a great user experience is an important step to making crypto useful. If Kik can figure that out with the Kin Coin then this will be an interesting project to follow.

Buy Kin | KIN Price GBP

Kin Price GBP is £0.00001030. KIN price has experienced a daily change of 0.99 %. This gives Kin (KIN) a Market Cap of £ 20,095,582. The total volume of Kin (KIN) traded in the last 24-hour period was £ 172,131. Circulating Supply of Kin (KIN) is 1,952,210,000,000. Total Supply of Kin (KIN) is 10,000,000,000,000.

You can buy Kin UK directly from Binance (if available) using a credit card or debit card. This referral will save you 20% on trading fees. If KIN is not listed or is otherwise unavailable, another possibility is buying a cryptocurrency available directly on Binance with a credit card or debit card. This crypto can then be traded with KIN on Binance, or an alternative exchange.

Kin KIN is a cryptocurrency currently listed on web3spy.io with data from coingecko. At the time of initial listing, KIN had met the full listing criteria for inclusion on coingecko. For this reason, web3spy.io has given KIN a default star rating of 3 stars. This is intended to be an unbiased and neutral rating. Please research this project thoroughly before trading.

Always exercise extreme caution when moving cryptocurrencies. We in no way endorse any cryptocurrency project, nor do we encourage trading on any exchange listed on this website. Please do your own research.

Kin (KIN) was created on September 12, 2017. Kin (KIN) is a digital asset secured by cryptography. We supply KIN/GBP trading pairs below. More information can be obtained from the official Kin (KIN) website at: kinecosystem.org

KIN blockchain can be viewed here: etherscan.io ethplorer.io enjinx.io

KIN social networks can be viewed here: Twitter

Kin (KIN) Rating

★★★★★★★★★★
3 stars 1 votes

Your Rating:

KIN/GBP Price Chart

Genesis
September 12, 2017
Market Cap
£ 20,095,582
Volume 24h
£ 172,131
Circulating Supply
1,952,210,000,000
Total Supply
10,000,000,000,000
KIN
£

KIN Questions and Answers

What is the latest price of KIN in GBP?
The latest KIN Price is £0.00001030
What is KIN's MarketCap in GBP?
KIN's MarketCap is £ 20,095,582
Where can I buy KIN in the UK?
You can buy KIN on Binance (if available) or an alternative exchange
What is the 24-hour trading volume of KIN in GBP?
The 24-hour trading volume of KIN is £ 172,131
What is the Circulating Supply of KIN?
The Circulating Supply of KIN is 1,952,210,000,000
What is the Total Supply of KIN?
The Total Supply of KIN is 10,000,000,000,000
Where can I sell KIN in the UK?
You can sell KIN on Binance (if available) or an alternative exchange
What is the web3spy.io star rating for KIN?
The current visitor generated star rating for KIN is 3 (based upon 1 visitor votes)