Review on Kin by Digital Convict
is Kin, The Kin Pin?
Sept. 16th 2020; A knowed brand announced: 5G Phones will incluide RAVE, a social/Communicative app as part of Explorer project. It uses video platforms and compensate users with KIN.
Kin beggins like ERC-20 Token, ICO in 2017. Related to KIK (The Canadian Communication Company)
. But In 2019, his CEO, Ted Livingston. Sells the messenger bussines to focus on KIN.
In june 2020, with help of Coinswitch Swap Service, migrates to his own Blockchain. Counting with Block explorer, Main and Testnet, Laboratory and a new Wallet: "My Kin Wallet".
On september 04, 2020. Kin Foundation start searching a new Executive Director, to develope and expand ecosystem for Stake, hold, to be rounded by influencers on web tribes.
The Total supply of this currency is: 10,000,000,000,000; 1,641,656,077,491 are circulating on Apps and at least five exchanges with liquidity. Tradeable with BTC or ETH, in minimum amounts of 1K Kins.
$100M is a lot!! The SEC (Securities and Exchange Commission) Thinks the Project violates the federal law. The impact to the Crypto-World could be serious. The Kin Foundation needs to take some regulators to reduce the potential risk. But If they couldn't, are ready to fight on Court. Coz, if demand grows, Price Grow!
The vision of the ecosistem is clear "Become in the most used cryptocurrency by mainstream consumers". Advocated in the competitive future internet, were consumers are compensated for their time and attention.
Already have 50+ Apps for Android/iOS, in categories as: Gaming, Health & Fitness, News & Entretainment, Communication & Social. Certainly Kin is scaling limits.
Is underestimated?
Let's wait for the users verdict.
Pros
- Multiple Dapps could integrates it
- Developers receive awards
- Interaction on social media it´s better with tokens
Cons
- The battle with SEC, creates uncertainty vibe
- Logo looks like Cardano's.
