team 90.png
media 70.png
originality 90.png
practicality 100.png
functionality na.png
total 88.png

What we don't like:

Kik will give out a lot of Kin on it’s app. Users of Kik will receive Kin for posting content. At this point we don’t know how much content constitutes how much Kin. We can hope Kik doesn’t give enough Kin to users to satisfy their needs on the app. This will greatly increase the price on the secondary market. Kik writes about a dream of a full decentralized currency running through their program, however with the current supply and inflation schedule KiK will run more like a government with Kin as its currency. This may not be a bad thing, it may be the best way for in app ecosystems to run. Recently Kik announced that Kin will be only available to users 18+ this is a huge hit for Kin investors, with the majority of Kik users being under 18 years old.

What we like:

Kik is the largest company to join the public blockchain. It’s a test subject to see if in app currencies can be transitioned to cryptocurrency. The Kin ecosystem makes the perfect subjects. Users on Kin can create bots, charge for private groups, and  even charge for creative content. Users can even tip kin to their friends during Chats. Kin already tested an in app currency traditional without the blockchain from 2014-2016 Kikpoints. Kikpoints was used on 74 million purchases. Based on this we can assume there is a demand for in app Kik currency. Kik is giving their users the opportunity to trade their in app currency for real world dollars, something no other app is doing.

 

Blockchain: Ethereum

Similar Coins: Particl

Current Supply: 756,097,560,976

Algorithm: Not Mineable