Kin Kin Price USD

Kin is a decentralised cryptocurrency that was made to be easy to use across Mobile and Web Apps. It has a built-in incentive system that rewards developers for more use. Apps made with Kin get paid for making interesting cryptocurrency-based user experiences. When more people use an app, both the users and the developers benefit financially. It was first released in 2017 as an ERC20 token on the Ethereum blockchain. It has since moved to the Solana blockchain, which lets consumer-scale apps move money quickly and with few or no fees. Today, the Kin ecosystem has more than 60 million wallets and has given out over $70 million in rewards across more than 60 apps since it began.

Kin tokens get into circulation through an incentive-based revenue model called the Kin Rewards Engine (KRE), which pays developers for making interesting cryptocurrency-based experiences that add to the value of Kin. The KRE creates an economy that puts users and developers first. It does this by offering a sustainable and fair way to make money that encourages the use of new use cases and the creation of value for a cryptocurrency. It also encourages users to trade value with each other instead of harvesting user data and attention for no benefit to the users themselves. This alternative way to make money re-aligns users and developers around a shared digital economy in which content creators and users are rewarded for the value they bring to the platform, not the big-data monopolies.

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