Showing posts with label kin. Show all posts
Showing posts with label kin. Show all posts

New partnership positions the KIN token to become a major player in the gaming world...

KIN is the cryptocurrency launched last year by the makers of the popular messaging app Kik.  Lots of excitement surrounded it's ICO - which raised $98 Million dollars.

Since the ICO's end in Sept 2017 there has been a bit of rocky road.  Initially, investors felt in the dark on what the company was up to, and to the KIN teams credit they stepped up their communications with the community and managed to keep interest in the project up - promising big developments and partnerships to come.

Following through on those promises, yesterday they announced a partnership with Unity Technologies, a huge player in the gaming world.  Over a million developers use their 3d gaming engine for producing games on multiple platforms, and implementing KIN as the ecosystem of choice for these games could lead to large-scale use and adoption of the KIN cryptocurrency.

"Our initial partners need to work hand-in-hand with us to create the tools and services that will serve as the foundation of the Kin Ecosystem. With Unity, we get a partner committed to democratizing development, solving hard problems and enabling success, which aligns perfectly with our goal of creating a thriving ecosystem that maximizes the value of Kin for developers." says Dany Fishel, executive vice president of partnerships at Kin.

Unity boasts games and experiences made with Unity were installed more than 24 billion times in the last 12 months - and has partnerships with everyone from Google, to Facebook and Microsoft.

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Author: Adam Lee
Asia News Desk


Kik messenger app's ICO for "Kin" cryptocurrency raises an impressive $98 Million! So, what's next?



The KIN ICO is complete, and trading began today on EtherDelta.

The ICO results were impressive, even though slightly below their target they still managed to pull in $98 million, which they state "came from over 10,000 participants in over 100 countries."

There was a lot of hype surrounding KIN.  It was the first time such a well established name in tech (Kik Messenger App) launched a cryptocurrency of their own.

So, the ultimate question is - what now?

All that hype means nothing if Kik doesn't use their active users to push the Kin currency.

From 2014 to 2016 Kik experimented with something called "Kik Points" which rewarded users for things like watching ads, a concept that could now be re-started to get Kin moving, using ad revenue to justify depositing KIN into users wallets.

The Kik messenger app has over 15 million active users per month, and with proper hype, and actual incentive for using/earning KIN, they could potentially leverage this into something huge.

But Kik will have to be bold!  Risk *slightly* annoying their users, pushing them into the marketplace, convince them KIN is something they NEED.

Something is already stirring though, today Kik users spotted something new...

"Kin" wallet is already showing in the app as of today. 

With the Kin wallet already implemented in the app, we're watching and waiting to see how Kik convinces their users to load it up.

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Author: Ross Davis
San Francisco News Desk