Kin KIN Price 0.00000072

What is it? A built-in incentive model rewards developers for increased usage of Kin, which was designed to integrate easily across mobile and web apps. Kin-based apps are paid for creating compelling user experiences that result in shared economic benefits for users and developers. Kin was initially launched as an ERC20 token on the Ethereum platform, but has since migrated to the Solana platform, enabling consumer-scale apps to transact swiftly with minimal-to-no fees. Kin token enters circulation via an incentive-based revenue model referred to as the Kin Rewards Engine (KRE), which rewards developers for creating compelling cryptocurrency-based experiences that lend themselves to the value of Kin. The Kin Foundation is a non-profit organization based out of Ontario, Canada. Undistributed Kin is held in an institutional-grade treasury that is controlled via a series of vesting periods, inflation guidelines and fiduciary custody controls that ensure the safe transfer and proper use of funds. Where can you buy kin? Kin can be bought at any exchange. Do your own research before choosing an exchange.