$Kin - "the sleeping Giant"

in #cryptocurrency7 years ago

kin.png

If you wonder WTF is $Kin!? It's a Cryptocurrency created by Kik.


Kik is introducing an open source cryptographic token - $Kin, which is envisioned as a general purpose cryptocurrency for use in everyday digital services such as chat, social media, and payments. $Kin will be the unit of account for all economic transactions within the $Kin Ecosystem, and it will serve as the basis of interoperability with other digital services. 

In character, $Kin is a pure cryptocurrency of fixed supply. It is fractionally divisible and long-term non-inflationary. However, as described below, only a small portion of the $Kin supply will become liquid in the  near future, as most of the $Kin supply is reserved for the $Kin Rewards Engine. Like other cryptocurrencies, units of $Kin are fungible and transferable, and they will be expected to trade  on cryptocurrency exchanges.

Why to invest in $Kin? 


  • Kik will use it in it's app, Kik Messenger - which have over 300 milion registered users, so it already have a user base.
  • Their team did a test on a sample of 10.000 users, so it's not just a rumor, it's a fact. Some stats are here.
  • $Kin devs are working on making the platform to use better blockchain technology for transactions - Ethereum was not good enough for that amount of users, they will find the better solution (maybe Stellar).
  • It's still in relatively early stage of development (which means that it's cheap - undervalued a lot) - under 0.001 USD $.
  • Once $Kin is officially out - maybe some other apps will want to use it, it will not just be for Kik Messenger.
  • Because majority of us love "underdogs" - right now $Kin looks like "underdog" but if you research and inform yourself more - you will see the potential which it holds.
  • They have great whitepaper with screenshots and examples from the app, with the whole concept explained - no bullshit, all facts.
  • They are not present on a lot exchanges (at least for now) - which is a good thing in this case, for the price, it's best moment to buy, to see where you can buy it look here.

If you wish to hear more about $Kin, watch this video:


If you purchased it already, like I did then

Sort:  

Disclaimer: that is just my personal opinion - not a financial advice. If you agree - get it and HODL! If you don't agree - it's okay, everyone can have their opinion.

Congratulations @milanbozic! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!