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Kik Interactive Inc. is creating a cryptocurrency as a first step to launching a decentralized ecosystem of digital services. The Kin cryptocurrency will first power a digital economy inside of Kik, and then will serve as the basis of interoperability with other digital services in the Kin Ecosystem. Kin is decentralized ecosystem of digital services for daily life. Overseeing the fair & productive growth of the decentralized Kin Ecosystem that provides incentives for users & developers.
Founded in 2009, Kik is a social app with currently 300 million users when boosted to million of users after couple days of launch, and had raised $50 million from Tencent in 2015 while evaluated as 1 billion USD.
Kik has implemented kik points system for incentives to make users help one another. KIN token that managed by autonomous foundation will be used for incentives, generating content and business behaviors, in order to provide value to other members in digital community. The users can use KIN in aspects of product, service and asset.
Total token supply: 10 trillion
Official website: https://www.kik.com/kin/