Our Multi-Year Blockchain Strategy for Kin
https://medium.com/kinfoundation/kin-multi-year-blockchain-strategy-e0a3808f0894
Our vision for Kin is a digital sharing economy of equal opportunity. The Kin Ecosystem will compensate developers and app users for the value of their time, attention, and ideas — ultimately creating new ways to monetize digital services or pay people for their expertise.
Fulfilling our vision to its fullest will take years. Research estimates the total number of active cryptocurrency users in 2017 to be just under 6 million. This number is humbling, as it shows how much further the industry has to grow before cryptocurrencies are in widespread use.
There are dozens of challenges to overcome when working toward this goal: from scalability issues to governance; dealing with regulatory uncertainty like tax implications of earning tokens; safeguarding user privacy while allowing regulators to audit for anti-money laundering (AML); user experience and productizing the process in a way that not only the tech savvy will be able to operate a cryptocurrency wallet; and many others.
Blockchain infrastructure plays an essential role in this vision. It is one of the technological foundations cryptocurrencies like Kin are built upon. When planning the long term Kin roadmap, we must prepare a multi-year strategy that will carry us through the challenges ahead.
As the industry matures, we’ve grown to understand that this vision will be built on more than one blockchain. Complex decentralized applications like Kin will eventually span multiple technology infrastructures. As different types of blockchains specialize in solving different aspects of the problem, it becomes clear that no single blockchain will just “win” on all accounts.
We’ve seen this with the Kin launch on Ethereum. We’ve realized that while the Ethereum blockchain is a great platform for fundraising, trading and exchange, it fails to meet our requirements regarding scale — long confirmation times, low transaction throughput and high fees prevent us from bringing Kin to millions of users inside digital services.
This does not mean that Kin will stop using Ethereum. The ERC20 standard for tokens has been wildly successful in creating an ecosystem around Ethereum-based tokens. With a streamlined integration to all tokens implementing this standard, powerful tools emerged such as third-party wallets for the management of ERC20 tokens, hardware wallets for secure cold storage of high value assets and out-of-the box integration to a multitude of exchanges and trade platforms. These tools are essential for asset management by professionals in the Kin ecosystem, such as developers of digital services earning large amounts of KIN from the KRE.
To deal with the next phase of our pressing scale requirements within the bounds of digital services, we are planning to expand in parallel to another blockchain infrastructure. We are working closely with Stellar for this purpose.
The Stellar blockchain resolves digital services’ basic needs for scale, quicker confirmation times, and lower transaction fees. Other critical benefits of Stellar are its years long stability in production — which we view as the best production environment today — and their team, who has been great to work with throughout this whole process. While emerging blockchains may show promise, we prefer to avoid unproven solutions for the next critical growth period in Kin, as it becomes integrated inside digital services other than Kik.
Looking further into the future, we foresee several complex problems that off the shelf solutions will not be able to accommodate. Blockchain solutions like Ethereum or Stellar were not designed specifically for the Kin use case. As such, we will reach challenges that they were not built to overcome.
To handle those, we plan to invest efforts in customizing a blockchain solution for our needs. We are doing this via a long term collaboration with Orbs. By collaborating with the Orbs blockchain and co-locating our engineering team with the Orbs team, we will help design a blockchain from scratch that will accommodate our future needs as they evolve.
Enabling a new digital sharing economy is an ambitious goal. As we progress with the Kin roadmap, we will gradually expand the Kin Ecosystem to rely on all three blockchains: Ethereum for general liquidity, and Stellar and Orbs for digital services. We believe that only a combination of the unique value proposition of each solution will help us realize our vision.
Topic: Kin Token is Chat App Kik’s Plan to Launch ICO - page 3. (Read 10146 times)
Interesting charts showing Kin's price moving up and down! Right now the increase of Kin is +48%: https://www.coinranker.net/cryptocurrency/kin. Will Kin's prices drop again today?
Saw KIK few year ago, it was better than Skype at that moment, now i think with monetization it will be 1-10 cents per coin in 4q 2018
1 cent would make me very happy, 10 would be out of this world.
Saw KIK few year ago, it was better than Skype at that moment, now i think with monetization it will be 1-10 cents per coin in 4q 2018
Community Team Vision For 2018
A couple of months back we declared that transparency is what we’re all about. We decided to share everything about the progress we’re making at Kin in all fronts — product plans, technology, even ongoing tasks that keep us busy on a daily basis.
Not only that, but we decided we’ll be giving our community a behind the scenes look at who we are personally and where we came from.
So this post is in the same spirit, laying out what are some of the things our team is working on, our goals for 2018 and some of our considerations. Tomorrow you can expect a post showing our faces, letting you know what we’re all about but today — we focus on the community itself. https://medium.com/kin-contributors/community-team-vision-for-2018-a2cbdb2fefec
A couple of months back we declared that transparency is what we’re all about. We decided to share everything about the progress we’re making at Kin in all fronts — product plans, technology, even ongoing tasks that keep us busy on a daily basis.
Not only that, but we decided we’ll be giving our community a behind the scenes look at who we are personally and where we came from.
So this post is in the same spirit, laying out what are some of the things our team is working on, our goals for 2018 and some of our considerations. Tomorrow you can expect a post showing our faces, letting you know what we’re all about but today — we focus on the community itself. https://medium.com/kin-contributors/community-team-vision-for-2018-a2cbdb2fefec
Kin’s Blockchain Considerations https://medium.com/kin-contributors/kins-blockchain-considerations-ebd0b60aebd5
While working on Kin IPLv2 , we faced a lot of challenges with the Ethereum network. We found that the most critical pain points for us were high fees, slow confirmation time, and unreliable network performance.
The main goal of Kin is to be used by casual users in day-to-day activities within digital services. We aim to reach millions of users on a global scale by providing them with great experiences. We are building a decentralized economy in which everyone can easily earn KIN and spend it inside digital services that can be useful for daily life.
Kin initial launch taught us a lot about our users. We saw that Kik’s users loved to earn KIN. Poll completion rate was around ~98.9%! We were also very excited to see great success with spending — all KIN featured sticker packs were purchased by Kik users. Our data analysis showed that Kin is progressing nicely and data supports many of our assumptions.
For Kin to grow and succeed, we must have a robust and scalable foundation for a large number of users and a large number of transactions. To accomplish that, we will have to find a suitable blockchain as part of our roadmap. The first step is to focus our requirements and prioritize the parameters below according to where we can find better infrastructure solutions for Kin.
While working on Kin IPLv2 , we faced a lot of challenges with the Ethereum network. We found that the most critical pain points for us were high fees, slow confirmation time, and unreliable network performance.
The main goal of Kin is to be used by casual users in day-to-day activities within digital services. We aim to reach millions of users on a global scale by providing them with great experiences. We are building a decentralized economy in which everyone can easily earn KIN and spend it inside digital services that can be useful for daily life.
Kin initial launch taught us a lot about our users. We saw that Kik’s users loved to earn KIN. Poll completion rate was around ~98.9%! We were also very excited to see great success with spending — all KIN featured sticker packs were purchased by Kik users. Our data analysis showed that Kin is progressing nicely and data supports many of our assumptions.
For Kin to grow and succeed, we must have a robust and scalable foundation for a large number of users and a large number of transactions. To accomplish that, we will have to find a suitable blockchain as part of our roadmap. The first step is to focus our requirements and prioritize the parameters below according to where we can find better infrastructure solutions for Kin.
Does anyone know the total supply of tokens for Kin. The amount on ethplorer is different to coinmarketcap. https://ethplorer.io/address/0x818fc6c2ec5986bc6e2cbf00939d90556ab12ce5
Our Community: Going Above and Beyond
It’s obvious, our community is the driving force of Kin. Without their voices, conversations would never be sparked, ideas would not come to life, and Kin’s uniqueness would never shine. So, now is time to shed some light on one of our biggest voices in the community: Dillon. He is a constant source of fresh air. Whether he is sticking up for Kin in our Telegram channels, creating new content on our subreddit, or sharing his thoughtful opinion on Medium, he is always around and the community feels his presence.
Dillon is one in a million. This blockchain enthusiast has been an advocate for Kin from the very beginning. We first discovered him when he selflessly wrote a killer FAQ for our subscribers on Reddit. “The Kin community was growing rapidly around the turn of the new year, so I wrote the FAQ, hoping it would be the first place every new or prospective member would look and have all their basic questions answered.” From that moment on, Dillon has been a sort of celebrity here at the Kin Community Team.
After his successful FAQ on Reddit, he decided to write “The Magic of Kin” as his next step. Definitely check that one out…“I had given everyone the What, When, Where, and How. But there were, and still are, a lot of folks out there that haven’t wrapped their heads around the Why. And I get it- when I first found Kin, I didn’t realize what actually set it apart from potential competitors. At first glance, the KRE doesn’t really hit you. Then you put yourself in the shoes of a big-time mobile app that’s failing to monetize, and the incentives model suddenly clicks. The Medium article is an attempt to bring everyone to that ‘eureka!’ moment.”
And he’s remarkably humble too, “I’m just a regular guy that designs fire sprinkler systems when I’m not spending too much time on the Kin subreddit or playing PUBG.”
You can follow Dillon on Reddit and Medium
So you see, our community is the reason we are moving forward. You, yes you the one who’s reading this, are part of the revolution. Kin is becoming more than just a project, but a whole new world just waiting to be discovered by the masses. What will YOUR contribution be? Give us your thoughts, share your wisdom, and keep the Kin mojo flowing.
https://medium.com/kin-contributors/our-community-going-above-and-beyond-f1066ead4644
It’s obvious, our community is the driving force of Kin. Without their voices, conversations would never be sparked, ideas would not come to life, and Kin’s uniqueness would never shine. So, now is time to shed some light on one of our biggest voices in the community: Dillon. He is a constant source of fresh air. Whether he is sticking up for Kin in our Telegram channels, creating new content on our subreddit, or sharing his thoughtful opinion on Medium, he is always around and the community feels his presence.
Dillon is one in a million. This blockchain enthusiast has been an advocate for Kin from the very beginning. We first discovered him when he selflessly wrote a killer FAQ for our subscribers on Reddit. “The Kin community was growing rapidly around the turn of the new year, so I wrote the FAQ, hoping it would be the first place every new or prospective member would look and have all their basic questions answered.” From that moment on, Dillon has been a sort of celebrity here at the Kin Community Team.
After his successful FAQ on Reddit, he decided to write “The Magic of Kin” as his next step. Definitely check that one out…“I had given everyone the What, When, Where, and How. But there were, and still are, a lot of folks out there that haven’t wrapped their heads around the Why. And I get it- when I first found Kin, I didn’t realize what actually set it apart from potential competitors. At first glance, the KRE doesn’t really hit you. Then you put yourself in the shoes of a big-time mobile app that’s failing to monetize, and the incentives model suddenly clicks. The Medium article is an attempt to bring everyone to that ‘eureka!’ moment.”
And he’s remarkably humble too, “I’m just a regular guy that designs fire sprinkler systems when I’m not spending too much time on the Kin subreddit or playing PUBG.”
You can follow Dillon on Reddit and Medium
So you see, our community is the reason we are moving forward. You, yes you the one who’s reading this, are part of the revolution. Kin is becoming more than just a project, but a whole new world just waiting to be discovered by the masses. What will YOUR contribution be? Give us your thoughts, share your wisdom, and keep the Kin mojo flowing.
https://medium.com/kin-contributors/our-community-going-above-and-beyond-f1066ead4644
We have seen many different ICOs in the past months that have garnered attention from the usual channels available to crypto-enthusiasts, but Kik’s announcement of their plans for the Kin Token is different.
Mainstream media picked up the story immediately, with sites like Bloomberg Technology, Forbes and Reuters all jumping on the news. All of them seem to think that the Kik’s future launch of the Kin Token takes things to a new level.
To see our complete article click on the link below:
https://urbancrypto.com/kin-token-introduced/
Looking at the actual information in the website, Kik's ico really is something.Mainstream media picked up the story immediately, with sites like Bloomberg Technology, Forbes and Reuters all jumping on the news. All of them seem to think that the Kik’s future launch of the Kin Token takes things to a new level.
To see our complete article click on the link below:
https://urbancrypto.com/kin-token-introduced/
It able to rise that many investment in real money.
I think that will be good starter for the ICO.
Kin Standalone App — Product Vision
Kin Product Vision For 2018 was recently shared explaining the product’s building blocks, goals and roadmap for Kin — a digital sharing economy of equal opportunities. Our focus in 2018 is going to be on 3 efforts:
Kin Ecosystem, Kin Standalone App and Kin Blockchain.
In this post I will try to shed light on the Kin Standalone App.
The Motivation
Kin standalone app’s main motivation is to be the gateway to the Kin ecosystem —a decentralized economy in which everyone can easily earn cryptocurrency and spend it on digital services for daily life.
With that in mind, we are aiming to achieve the following goals during 2018:
A standalone Kin experience
Easily earn and spend KIN and quickly learn how cryptocurrency can become useful for daily life. The app is open to all, anyone who wants to learn about Kin is welcome!
The simplest and most secure place to hold KIN
Using crypto today is unbelievably complex. With Kin, this can be changed. However, simplifying the crypto experience is only one part of the equation. Since everyone can potentially become KIN holders, we should provide them with the best place to manage it. Things like sharing KIN balances from the digital services, tracking transactions, and easy to use backup tools are a must and will be very intuitive and clear.
A discovery point
Educate KIN holders and newbies about Kin ecosystem by exposing them to new earning opportunities and spending offers both within the app and on other apps / digital services. This allows any brand or individual developer to add opportunities and offers and to gain exposure.
https://medium.com/kin-contributors/kin-standalone-app-product-vision-4646332b9973
Kin Product Vision For 2018 was recently shared explaining the product’s building blocks, goals and roadmap for Kin — a digital sharing economy of equal opportunities. Our focus in 2018 is going to be on 3 efforts:
Kin Ecosystem, Kin Standalone App and Kin Blockchain.
In this post I will try to shed light on the Kin Standalone App.
The Motivation
Kin standalone app’s main motivation is to be the gateway to the Kin ecosystem —a decentralized economy in which everyone can easily earn cryptocurrency and spend it on digital services for daily life.
With that in mind, we are aiming to achieve the following goals during 2018:
A standalone Kin experience
Easily earn and spend KIN and quickly learn how cryptocurrency can become useful for daily life. The app is open to all, anyone who wants to learn about Kin is welcome!
The simplest and most secure place to hold KIN
Using crypto today is unbelievably complex. With Kin, this can be changed. However, simplifying the crypto experience is only one part of the equation. Since everyone can potentially become KIN holders, we should provide them with the best place to manage it. Things like sharing KIN balances from the digital services, tracking transactions, and easy to use backup tools are a must and will be very intuitive and clear.
A discovery point
Educate KIN holders and newbies about Kin ecosystem by exposing them to new earning opportunities and spending offers both within the app and on other apps / digital services. This allows any brand or individual developer to add opportunities and offers and to gain exposure.
https://medium.com/kin-contributors/kin-standalone-app-product-vision-4646332b9973
Introducing: Kin Standalone App Team
Obviously, our motto tells a lot about the way we work internally, but it also says a thing or two about our entire culture and the way we look at you — our supporters — and your role in this. We feel you’re an integral part of the project and keeping you in the know is key for us. For this reason we decided to open not only our code, but also our office for you to see who we are and what we’re all about.
https://medium.com/kin-contributors/introducing-kin-standalone-app-team-2095a46aca7a
Obviously, our motto tells a lot about the way we work internally, but it also says a thing or two about our entire culture and the way we look at you — our supporters — and your role in this. We feel you’re an integral part of the project and keeping you in the know is key for us. For this reason we decided to open not only our code, but also our office for you to see who we are and what we’re all about.
https://medium.com/kin-contributors/introducing-kin-standalone-app-team-2095a46aca7a
This coin won't make you earn much in the long run. Devs have 13 times more coins to drop on you. They are the ones who will become billionaires. Don't buy into a coin that's making the devs richer but not the investors.
I am not the only one to think this way:
Michael Novogratz:
"Seems to me market cap tables should include all coins issued, not just in circulation."
I am not the only one to think this way:
Michael Novogratz:
"Seems to me market cap tables should include all coins issued, not just in circulation."
Automated Unit Tests — Kin Mobile SDK on Ethereum Part II: iOS
Introduction
In the first part of this series, we wrote about how to setup the environment for unit testing the Kin SDKs, using testrpc and Truffle. In this post, I’ll describe how to integrate it with Xcode, to make the mock blockchain available when running the tests.
*Integrating testrpc within Xcode tests
*Giving Back to OSS and Making Tests Succeed
*Wrap up
https://medium.com/kin-contributors/automated-unit-tests-kin-mobile-sdk-on-ethereum-part-ii-ios-23ef42dbb95b
Introduction
In the first part of this series, we wrote about how to setup the environment for unit testing the Kin SDKs, using testrpc and Truffle. In this post, I’ll describe how to integrate it with Xcode, to make the mock blockchain available when running the tests.
*Integrating testrpc within Xcode tests
*Giving Back to OSS and Making Tests Succeed
*Wrap up
https://medium.com/kin-contributors/automated-unit-tests-kin-mobile-sdk-on-ethereum-part-ii-ios-23ef42dbb95b
Insights from Kin Initial Product Launch
https://medium.com/kinfoundation/insights-from-kin-initial-product-launch-441c458a4ece
This is pure awesomeness! Kin is going places, it sure will!
" Kin’s potential is huge. It’s not just a hunch. We have the benchmarks to support our vision. We also need to have a scalable foundation for number of users and the amount of transactions, so we will have to move Kin to a different blockchain as part of our roadmap.
We are very exited to move on to the next steps in bringing a new economy the masses and to see how Kin will power a digital sharing economy of equal opportunities.
Stay tuned! "
sounds awesome. So glad I got in on the ico, this coin has so much potential.
Кaкoй мaкcимaльный oжидaeмый pocт этoй мoнeты?
Interesting project, I might have to look into this more.
Insights from Kin Initial Product Launch
https://medium.com/kinfoundation/insights-from-kin-initial-product-launch-441c458a4ece
This is pure awesomeness! Kin is going places, it sure will!
" Kin’s potential is huge. It’s not just a hunch. We have the benchmarks to support our vision. We also need to have a scalable foundation for number of users and the amount of transactions, so we will have to move Kin to a different blockchain as part of our roadmap.
We are very exited to move on to the next steps in bringing a new economy the masses and to see how Kin will power a digital sharing economy of equal opportunities.
Stay tuned! "
Love this kind of information. I've always said KIN is a huge project and I'm planning to hodl long term.
Insights from Kin Initial Product Launch
https://medium.com/kinfoundation/insights-from-kin-initial-product-launch-441c458a4ece
This is pure awesomeness! Kin is going places, it sure will!
" Kin’s potential is huge. It’s not just a hunch. We have the benchmarks to support our vision. We also need to have a scalable foundation for number of users and the amount of transactions, so we will have to move Kin to a different blockchain as part of our roadmap.
We are very exited to move on to the next steps in bringing a new economy the masses and to see how Kin will power a digital sharing economy of equal opportunities.
Stay tuned! "
Kin — Structuring for Success
Kin is a digital sharing economy of equal opportunities. In our 2018 product vision post we detailed where we want to focus and what our main product efforts will be — the ones that we believe will drive Kin usage and adoption among users and developers. In order to accomplish that, we needed to rethink the way the teams are structured and ask ourselves if we are structured in the best way — a way that will enable us to win and accomplish our goals.
https://medium.com/kin-contributors/kin-structuring-for-success-1cdbf4e174be
Kin is a digital sharing economy of equal opportunities. In our 2018 product vision post we detailed where we want to focus and what our main product efforts will be — the ones that we believe will drive Kin usage and adoption among users and developers. In order to accomplish that, we needed to rethink the way the teams are structured and ask ourselves if we are structured in the best way — a way that will enable us to win and accomplish our goals.
https://medium.com/kin-contributors/kin-structuring-for-success-1cdbf4e174be
This is not like other ICO's, some refer to it as a reverse ICO - an established company looking to raise revenue without going through the standard venture capital routes. KIK has an established messenger app with over 300M registered users and 15M active users. They are far off from competing with the most popular messenger apps and could never expect to overtake them. As a result, they are issuing a token to raise funds and differentiate themselves. This could be big or could flame out. The bottom line to me is that they are a real company with real users and real customers. Their established platform could make them one of the survivors of all this hype and integrating P2P payment within their messenger app has real potential. I'm in for the long run on this one but WTFDIK!
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