Kin Trending Power, Community Score, Developer Score
Summary
- KIN Price
- $0.00001429
- 24 hours
- +8.96%
- 7 days
- +5.21%
- Sentiment
- 50%50%
- Market Cap
- $38M
- Market Category
- Community Score
- Developer Score
- Website
- Whitepaper
- Social Links
**Discover Kin: A Next-Generation Cryptocurrency for a New Era of Digital Economy** Kin is a revolutionary decentralized cryptocurrency designed for seamless global transactions without intermediaries. Unlike traditional currencies, Kin boasts a noninflationary model with a fully distributed supply that remains fixed, ensuring its value integrity. Originally launched by Kik Inc. in 2017 on the Ethereum blockchain, Kin made history in 2020 as the first cryptocurrency to transition to the efficient Solana blockchain. This migration allows for lightning-fast transactions and ultra-low fees, often just fractions of a penny, making Kin an ideal choice for everyday transactions. Importantly, Solana's eco-friendly technology achieves a 0% net carbon impact, positioning Kin as a sustainable currency for the burgeoning digital economy. Kin's versatility shines through its use as a medium of exchange across an expanding ecosystem of apps, services, and games. Notably, Code Inc. leverages Kin through its permissionless global payments platform, empowering content creators to monetize their work with micropayments as low as $0.05. This innovative approach unlocks new revenue avenues that traditional payment systems cannot accommodate due to prohibitive fees. In a significant move towards regulatory clarity, Kin entered into a mutual settlement with the United States SEC in 2020, confirming that it does not require registration as a security. This places Kin among the few cryptocurrencies with clear regulatory standing, further enhancing investor and user confidence. Decentralized and community-driven, there is no centralized authority governing Kin. Instead, it thrives on the collective efforts of a global network of independent stakeholders who are economically aligned to expand its utility. This collaborative spirit ensures that as Kin's adoption grows, so does the value for all participants in the economy. Join us and embrace the future of digital finance with Kin—where everyone can be part of a thriving, decentralized community. Together, we are all Kin.