Topic: KIN will be the MOST USED CRYPTO IN THE WORLD by the end of 2018! $$$$$$$$$$$$$$ (Read 11324 times)

Have you read this news? Kin has a problem with law and SEC:

https://www.zdnet.com/article/the-sec-is-suing-kik-over-its-100m-kin-token-ico/

kin.org/stats

This is GAME OVER for the most used crypto in the world.

LOL

If there will be liked a big burning of some KIN tokens then probably price of it will increase somehow. I know KIN and I still have doubt about it because of too much supply it will be hard for it to increase.

I am very disappointed with this altcoin, especially in trading. a few days ago I bought KIN at one of the exchangers at a price of around 8 sat. and now the price is only 1 sat and there is no trading volume, I'm sure KIN will die soon and become a worthless coin.


https://www.idax.pro/#/exchange?pairname=KIN_BTC

What happened with KIN in yobit? Yobit doesn't update their wallet

Kin introduces the blockchain technology and transparency in social communication with already well established app. They will integrate Kik, which is already used by millions of people to communicate, therefore they blockchain platform will instantly be used by many people. I can see a great potential in it, with already integrated wallet in a popular messaging app.

The crypto community is a vicious toxic cesspool of GAINZ and LAMBROs so I'm honestly glad the KinFoundation has managed to stay away from being associated with that. Kin won't be just used by the crypto community, it will be used by the average person. That's why Kin is so awesome. It's not trying to get a normie to buy a coffee with a .0003 (or .0025 or .0035 or .00034 or which one is even more) bitcoin. It's providing something people want (worthless digital goods, like chat themes, stickers, access to conversations with celebrities, counterstrike knife skins) and saying the only way you can have this is by having KIN. Also, we are going to provide you with a plethora of easy and fun ways to earn KIN, across a whole digital ecosystem of games and survey apps. potentially members from every sector in the world will be trying to integrate to have a piece of the daily KRE payout.

Executing on this idea will be the strategy of every major tech company in the world for the next 10 years. Kik Messenger App just happens to be beating everyone to the punch. Big time.

alas, more regrettable words have never been typed. crypto moon will regret the day he came across kin but dismissed it simply because of its large supply.

Hey!

So Kin has integrated Kik for 1,000 beta android users

https://venturebeat.com/2018/06/27/kik-tests-its-kin-cryptocurrency-with-1000-random-users/

The Kin blockchain can handle 1.2 million transactions per day (and growing)

https://medium.com/inside-kin/scaling-kin-blockchain-status-update-ca4f323d3e99

The Kin Foundation has an internal deadline of the week of July 16th to release the public beta for the Kinit standalone app for both Android and iOS

https://medium.com/inside-kin/the-kinit-app-whats-next-aaf2dd6b8bce

The Kin Foundation announced a partnership with IMVU (users who use IMVU spend upwards of 1 hour per day on the website)

https://www.ccn.com/kik-partners-imvu-the-worlds-largest-avatar-based-social-network/



The subreddit: http://www.reddit.com/r/kinfoundation only has 10k users.


Right now no one has heard of Kin. Soon, Kin might be the most talked about thing of all time.



  But 10 Trillion Tokens?

3 Trillion Tokens goes to Kik Messenger app for being the first app to integrate Kin (and to provide an insane amount of value to its users and employees)
 
6 Trillion Tokens are set aside for the Kin Rewards Engine (the KRE). The Kin rewards Engine will do for App Developers what Bitcoin Mining has done for Bitcoin Miners. Much like Bitcoin mining rewards (incentivizes) miners for their contribution to the security of the network, The KRE will incentivize getting people to use Kin. The more people use kin in your app, the larger proportion of the daily payout you receive as a developer.  If you can just speculate for one moment on what a daily payout for developers who integrate kin might look like (if each kin is worth $.01 USD, developers would be competing for a piece of a daily $1million USD payout), then you can imagine why kin will be the most valuable cryptocurrency in the world.

Just under 1 trillion tokens are out there trading right now. Kin is in stealth mode, on no major exchanges, and has a plan to take down the advertising monopolies of facebook and google. (Except hitbtc and fatbtc if you can consider those major exchanges)

I have not found anything promising in this token, but even if you believe your word and look at the issue of this token, you can conclude that its price will never be large. So I pass.

Since a few months ago, I have been very confident with the potential of this coin, although many who do not know KIN and doubt its development, I believe KIN will be the right investment in the future, this is the right time to buy KIN because the price is still very cheap.

I don't think so, but we can see together

Reimagining Value in the Digital World — Part 1

https://medium.com/kinfoundation/reimagining-value-in-the-digital-world-part-1-345e82748634


Reimagining Value in the Digital World — Part 2

https://medium.com/kinfoundation/reimagining-value-in-the-digital-world-part-2-61213ea5a192


Two part series by Alex Frenkel the VP of Product at Kin explaining how the digital world works today, what issues are at hand, and how Kin can revolutionize it.

Kin in Japan

After the recent Kin/Unity partnership announcement, Kin traveled to Tokyo for the Unity Conference to dive into the gaming scene and seeing exactly how Kin can best integrate into games and help developers monetize.

https://medium.com/inside-kin/kin-in-japan-112b2f57da2

Kin and Kik — Working Together

https://medium.com/kinfoundation/kin-and-kik-working-together-ac89bc55b82b

This was posted yesterday. It's a nice update on where the Kik integration of Kin stands right now.

"Overall, we had a great trip that allowed Kik and Kin to finally work together in the same location and time zone. We’re getting closer to releasing a new feature that will use Kin to improve the user experience on Kik, and this will pave the way for other digital services to do the same. We all put in some long hours to ensure we had a successful trip, and we’re looking forward to showing you the final product soon."

What is Kin? | A New Business Model for Digital Services

https://www.youtube.com/watch?v=INI-SXXOV_0&t=5s

This was one of the first "coin reviews" I've seen where someone has actually done the research in order to know what they're talking about. This person talks about his own ideas of the positives and negatives of KIN. Although I may not agree with every point, you can tell he's done his research, and can backup why he feels how he does.

Live Q&A #6 with Ted Livingston, Kik Founder and CEO

https://www.youtube.com/watch?v=Zuk2LPpHDRQ

The biggest news from the most recent AMA yesterday was that Kin is planning to peg the KIN token to a specific USD value within the Kinit App.

Just so you have some background. Currently beta users can earn Kin daily or every other day by completing earn opportunities within the Kinit App. They can take this Kin and purchase gift cards.

Thus, it sounds like Kin will choose a specific conversion rate for the Public Beta launch of their Kinit App in mid July. Kin could set the rate of a $10 gift card to cost 500 Kin. By doing so, they're setting the value of Kin to be $0.01. The company will be subsidizing any costs from this rate they set.

It's going to be really interesting to see what happens to the exchange market value of Kin once it has a comparable price within the app. If you can eventually spend your Kin at a $0.01 rate, then all the current Kin on the exchanges trading at $0.000150 will get eaten up very quickly. Ideally the price will shift towards matching the price set within the app.

Kin is set to launch within the Kik app as soon as the end of June (this month). It will also be releasing it's standalone app, Kinit, to the public in July.

With just the Kik integration alone, it's possible it will have more transactions a day than any other coin in the crypto space soon after integration. However, this is even more likely to happen before the end of the year as it's further integrated and especially once Kinit is generating transactions as well.

The "crypto community" is extremely small when compared to the mass consumers of digital apps in the world. KIN isn't trying to convince current crypto users to get on board, nor does it need to. KIN is focusing on the billions of consumers that use apps daily that will be using crypto for the first time. Kik alone has 300,000,000 users with about 15,000,000 active monthly. All it needs to do is get it's current user base earning and spending in KIN and it will become the most used crypto in the world.

Already in the middle of the year 2018 and there is no popularity of KIN in the crypto community, how then will it become the most used by the end of the year. Well, I like the fact that you aim high but doubt if it will because there are more better and more stable social network than it.

KIN partners with IMVU

IMVU is The World’s Largest Avatar-Based Social Network

Users spend 55mins a day on it. They generate 15,000,000 transactions monthly spending 10,000,000,000 in their native currency.

50,000 of the users are creators and earn money by making virtual products and selling them.

One of the top grossing apps of the Google Play and Apple Store.

91% Year Over Year Growth on iOS

62% Year Over Year Growth on Andriod

6000 virtual products added to the site daily

Interesting Fact - 70% of users are females. 90% of crypto users are males. This will be a big shift in the crypto space once such a large female populate is introduced to and using cryptocurrency.

Source: https://medium.com/kinfoundation/imvu-and-kin-partner-to-deliver-native-crypto-experiences-in-3d-social-networks-3c1c8089172a

While your statement may have some truth to it, it's by no means the full story. Yes Kik was declining in users and losing it's placement among other chat apps. Yes, KIN was created as an option that could be beneficial to the company. Because of KIN, Kik no longer will have to rely on monetizing via ads or selling consumer data. They own 30% of the supply of KIN. Their main goal as a company is to make KIN as valuable as possible as they will reap benefits from doing so. Kik's fate is in the hands of Kin's success.

This does not mean that it is a "marketing play". They didn't just make an empty announcement in order to pump their stock and cash out on the crypto trend. They've been actively working on building this ecosystem over the last 9 months and have had this plan for years.

Do think these huge partners would get involved with a "marketing play":

Unity - Biggest Game Development Platform in the World

Blackhawk Incentives - Leading Global Stored Value and Payments Provider

IMVU - The World’s Largest Avatar-Based Social Network

Kin will not only exist within Kik. It's going to be integrated in many games via the Unity SDK, integrated within IMVU, and many more large scale partners that will continue to be announced. Not to mention the smaller apps and projects that decide to integrate as well.

Kik will eventually be just a small part of the entire ecosystem. Even if Kik failed to exist and closed it's doors, Kin would continue to thrive.

The KIK messenger was dying and this was their marketing play to bring it back. I highly doubt it will be a token of appreciation. The utility portion is forced and the messenger is a dying application. Telegram, WeChat all these are dominating the space. KIK will have a hard time regaining dominance.

As you may or may not know, Kin forked Stellar's blockchain code as they ran into a few issues revolving around scaling to what they need in the near future. One of these issues was the need for lumens during wallet creation which would be very costly for Kik to cover for it's millions of users and also left the door open for malicious wallet creation. Another issue was it's transaction cap. Stellar is capable of processing many more transactions per second that it currently allows, but to combat spam they've implemented an arbitrary cap. This set's the ceiling at 10tx/s (transactions per second). It's likely the case that Stellar will increase this number themselves, but KIN will need it sooner than Stellar will make these changes, if they do. Running on a forked version of Stellar, they now have full control to make those adjustments at their own will.

Kin's initial test on the public Stellar testnet:

Daily Transactions: 220,000
Transactions per second: 3.6

Kin's initial test on the forked version of Stellar's blockchain (Kin Blockchain):

Daily Transactions: 470,000
Transactions per second: 8.3

Kin's 2nd test on the Kin Blockchain (increasing the amounts of users involved):

Daily Transactions: 1,200,000
Transactions per second: 20


Based on the last test results, the Kin Blockchain has proved it's scalability. It can successfully process 2x the transactions than the current Stellar blockchain (as-is) and can also process more transactions per second than Bitcoin (4-7tx/s) and Ethereum (13tx/s). Also keep in mind that when Bitcoin and Ethereum reach these kind of numbers they will experience extremely slow confirmation times and highly inflated fees. Kin will continue to push the limit of it's blockchain by increasing the number of users involved and ideally increasing the daily transactions and transactions per second even further.

Source: https://medium.com/inside-kin/scaling-kin-blockchain-status-update-ca4f323d3e99

Transactions in ethereum because of its smart contracts was so many and the use of other token. As long as the marketcap doesn't pass bitcoins marketcap it will not be better than bitcoin.
Lets see how this KIN can be like other coins with a fast growing somehow like tron in the coming months.

Here is the most recent Bi-Weekly KIN Update:


"It's time for our routine check-up, otherwise known as our bi-weekly update. You can find the previous one here, where we shared developments in our Blockchain, Ecosystem and Standalone teams.

It's been two weeks and although we didn't become the most used cryptocurrency (yet), some things have changed and improved.

 

Blockchain

ATN experiment: the experiment is going extremely well. The numbers, you can say, exceed our expectations. We feel confident in the scalability and stability of the blockchain infrastructure. We increased the number of users and in return, we saw growth in the number of transactions per day and per second.

I'm not sharing the specific numbers here because tomorrow (Thursday) we'll share a post explaining the ATN test with the most recent numbers. Stay tuned.

Also, in the past, we talked about the development of a swap mechanism (Kin1/Kin2). David - our senior software engineer was able to demonstrate in real time how the mechanism is structured and functions. Bottom line - he was able to show the teams how an ERC20 Kin token was converted to a Stellar KIn asset. Same here - a post is in the works.

Currently, we have 1 staging environment - the one that the ATN is based on. We're building a new staging for deeper internal research (for scalability and security) and also for external indie developer to "play with". Think of it as a playground that will enable testing our blockchain without the risk of interfering with the existing environment.

 

Ecosystem

Last week the Kik Chat product team came to Israel to work on the implementation of the SDKs in their app. Here's what the Kik team had to say on the trip:

"Everyone from Kik felt it was extremely productive and a great relationship builder. From a practical stand point we made a lot of progress on the integration and were able to put our plans down in writing, but what I’m most excited about was the progress we made in our communication and understanding each other (both our teams and processes). I’m confident it will result in more collaboration and openness, and will ultimately result in stronger product offerings from both Kik and Kin".

What's important is now both teams are aligned with next steps and specific product specs. I believe we'll be able to share more details on the integration in the next update.

 

Kinit

The product is now in its second private beta phase (on which you can read more here).

There are two main new features introduced in the app:

• Phone verification: now, users' data is attached to their account, which enables a creation of a backup tool and adds security layers to the app.
• Peer to Peer transactions: users can now send Kin to their friends (assuming both use the Kinit app). You can also reach out to our ambassadors who experience with the app and even used this functionality to send Kin to each other. Kudos.

The team is working on integrating and creating more earn and spend opportunities and making everything ready for the public beta - one you can all be part of.

 

I remember I said an explanation of the supply will be detailed in this update. However, we feel a separate post explaining the Kin allocation and supply is in order and such will be shared next week (between the two large-scale updates)."

Appreciate the follow up post. Ethereum has already passed bitcoin in daily/weekly/monthly transactions. I believe it's been like that for some time now.

I think the crypto world is going to be surprised how fast KIN transactions can grow to a number that starts to compete with the major chains and then pass them completely.

Let me know if you have any questions as you dive in deeper!

We split even that part, let alone Kin, Ethereum is not going to pass Bitcoin in any area. Bitcoin is the safest crypto currency ever and that won't change in current market roles. Big money never transit to another crypto currency that is already in the business. I think Kin focus on passing Eos and Neo type of coins first. Your prediction is too short term, I don't think any big change will happen only in 6 months.

It will show its true potential as it begins to work.That is good news mate for kin holders and i think it has good potential as well especially due to working app, but there were a lot of negative news about kin in the market like the split and conflicts in their team members, i hope it all settled down for the further development and the future success of the project.

I hope so 

A few takeaways from the Kinit App update article:

https://medium.com/inside-kin/the-kinit-app-whats-next-aaf2dd6b8bce



Kinit Public Beta is set to go live Mid July 2018.

"On a business level, we are working with potential partners to provide either earn opportunities or spend offers.

As we learned from the private beta insights, earn opportunities must be available on a daily base and should include a variety of tasks. Therefore, we will go live with at least two partners that provide interesting earn opportunities for our users.

On the spend side, we already have Blackhawk Network joining our ecosystem and we are working hard with other potential partners to provide additional interesting spend offers.

On a technical level, we have three integrations to complete, Blackhawk Network and two more integrations with partners providing earn opportunities. If time will allow us, we will complete also an additional integration on the spend side.

Additionally, we are going to invest time in bug squashing to create a buttery smooth experience in the app. Simultaneously, there will be a range of technical aspects to overcome to be scalable at a rate necessary for all of our users and partners to work with.

On a product level, we are fine tuning user flows based on the beta results and placing some extra icing on top by creating awesome user experiences for the new features to come.

The second phase of the private beta will help with shaping the future of the Kinit app. According to the findings we will make sure the public beta will include the best features and experience for our users. We will share more details on this one in a separate post."

I have a feeling you didn't actually read the post you're referring to...

If you just read the headline (that was created for the sole purpose of bashing Kin), then you might actually believe what you just said. If you actually read the article, you would have noticed that even though Ted did make a similar comment, he wasn't referring to KIN as the headline makes you think. Ted is saying that blockchain technology isn't for everyone. It makes complete sense for projects like KIN that are trying to become the most used crypto in the world, but it might not make sense for every single industry to use blockchain as it's not always going to be a benefit.

KIN is far from failing. Just today they announced they're moving into the 2nd stage of their Private Beta for the Kinit app and will begin their Public Beta around the middle of July.

Source: https://medium.com/inside-kin/the-kinit-app-whats-next-aaf2dd6b8bce

That's correct. Kik Points was used to unlock new themes and smiles. Kin will also be used for the same purpose. However, they'll allow users to create their own themes and stickers to sell on the market. So instead of just Kik creating everything, the users will also be able to contribute. So if you create a great theme, and I want to use it in my chat group, I can go buy your theme with Kin and you will be paid the Kin. So the themes and smiles will turn into a consumer to consumer marketplace where you can earn and spend Kin. Also, they have plans for additional features that Kik Points was never used for.

I would watch this live presentation/demo of how Kin will be integrated into Kik. This will be way better and explaining how it will work.

https://medium.com/kinfoundation/kin-ambassadors-event-2018-kiks-product-team-on-integrating-kin-recap-3-c1c4580478c5

Sorry, replying late, I hope you read the post from the developer behind this project,he says blockchain is unconvincing, he says blockchain has limited use case, after raising $100 million from the space for a platform that has faied to delivered, I am very sure most of these ICO developers don't really understand the illegalities of their actions. He just use people to raise fund for the project

If I'm not wrong kik points were used to unlock new themes and smiles but kik stopped that and now everything is available for free. If kin is implemented, Do you really think people would pay for just stickers? I don't think so.

I'm not sure you can speak for "most users" on Kik then. I'm not just making a random guess. My post is based on years of hard evidence. When Kik Points was running in Kik from 2014-2016 it was seeing on average 3x as many transactions as Bitcoin was during the same period of time. I'm not sure you can really argue that as it's real data from Kik.



Kin is going to replace Kik Points within the Kik app and have even more usage and opportunities than Kik Points ever did. On top of that, unlike Kik Points, Kin isn't just tied to the Kik app. It's going to be integrated into 1000's of other apps. Some smaller, equal in size, or larger than Kik. However, with just Kik alone, based on hard data, it will become the most used crypto in the world (by transaction count) after it's fully integrated.

I'm a kik user but I don't think kin won't be the most used cryptocurrency. Most of the users aren't interested to buy and sell thinks there. People are on kik for just some fun and not to gain knowledge.

Thanks for your insight. I touched on the supply concerns a few times already. I don't see it as an issue. KIN is meant to have a low coin value as that's needed for clean micro transactions.

A 50x rise is a 50x rise. Doesn't matter if you going from $0.0002 to $0.01 or $200 to $10,000. In either scenario you're making the same amount of money in the end as an investor. The only difference is you'll have a larger quantity of the cheaper coin. The demand is typically the key to the equation.

The Kik chat integration and growing use is going to help KIN price rise for sure. However, it is hard to get too much excited about future prices looking at the huge 10 Trillion supply of KIN. It needs a 50x rise just to get to 1 cent.

Kik doesn't need to "beat" wechat, telegram, or any other social messaging platform in order for KIN to thrive and become extremely valuable. Kik is just the first app that KIN will integrate into. After that it will begin to integrate into 1000's of other apps.

If integration into the #12 chat app is going to make KIN the most used crypto in the world, then it goes to show just how large this whole thing is really going to be.

KIK was a fad messenger. It has no chance against wechat, telegram, etc.

Recent Telegram comment by Kin employee:

“We talked about the integration last week. The Kik team was in Israel last week (as you know, Israel being the headquarters of kin) to go over timelines, fully align on integration process and go over any remaining details. I’d expect we’ll be able to see them implement the SDK to a number of users a sometime later this month”

"Ted is coming in about a week"

Sounds like we could see Kik integration starting as early as this month!

Kin Telegram: https://t.me/kinfoundation

Gifto shares the idea that a coin/token can be used for microtransactions across different apps in order "tip" or reward a content creator with value. What sets Kin apart is the most revolutionary part of Kin, the ability for developers to monetize via the Kin Rewards Engine.

6T of the 10T Kin is stored in the Kin Rewards Engine or KRE. Once it's started, the KRE will payout Kin on a daily basis to developers who are providing the most activity within the ecosystem and the most demand for Kin. This will last for over 60 years. Think about it the same way that Bitcoin pays out miners on a daily basis. Instead of Kin rewarded miners for using electricity to facilitate and confirm transactions on the blockchain, Kin is rewarding the developers who are helping to create demand for Kin.

An app no longer needs to rely on ads or selling consumer information in order to monetize. There's now a 3rd way. Your app can be completely free and not charge any fees what so ever, but if it's generated Kin transactions between users within the app, then you'll be paid out daily.

App 1 - Gifto Integration

App 2 - Kin Integration

Let's say both App 1 and App 2 are exactly the same. Users post videos and get rewarded with gifto/kin for people who "like" it. On the other hand, users who "like" a video are spending gifto/kin in the process as their gifto/kin is going to the creator of the video they "like".

Let's also say both apps have 50,000 "likes" within the app on 100's of videos in a day. Thus their apps generated 50,000 transactions on the gifto/kin blockchain and money was transferred between many users.

How will either app make money?


App 1 (gifto app) as-is will make nothing. Money is going back and forth between it's users, but none is going to them. Their only choices are to:

Charge people to use the app = People will likely not want to purchase it or find a free version
Put ads within their app = Some users might tolerate it, but it's not the best user experience. Can lead to people leaving the app.
Take a fee of all transactions = Some users might tolerate this, but many will not like the fact the app is taking 20% of the profit they're generating from videos.

Yes, the app has a crypto and creators can be rewarded for their content, but at any time a monopoly like Facebook can come in and copy the app and either make it free, have no ads, or take no fees on transactions. Then this app becomes obsolete as the users will flock to the better Facebook version. Facebook can just collect user data and survive from money made from it's other apps.


App 2 (Kin app) as-is will make money daily. Money is going back and forth between it's users and generating a lot of Kin transactions for the ecosystem and creating demand.

App 2 doesn't need to charge anything to use the app, doesn't need to have any ads, and doesn't even need to take a % from it's users. Just by creating a place for users to exchange value, it's rewarded from the KRE each day based on it's performance. For the first time the apps and it's users are aligned. The app's don't need to extract value. The user experience is better than ever which can lead to even more usage and adoption.


The KRE is what sets Kin apart from any other crypto out there. It's going to change how the digital app world will monetize and compete with Facebook, Google, and other monopolies that are just copying and crushing any popular app at their own will.

No it can't surpass Bitcoin of ethereum. But if kin tokens are implemented right it probably can create a new revolution in day to day crypto transactions. There is another coin like this called 'Gifto' which is still in budding stage.

I'm not saying Kin will surpass the Bitcoin's price or marketcap... I'm saying Kin, by the end of 2018, will likely have more transactions per day/month/year than any other cryptocurrency.

You're absolutely correct, not all users of their app are familiar with cryptocurrency. I would imagine a very small amount are. However, that's the great thing about this project. Kin isn't for super tech savvy early adopter crypto speculation traders, it's for the everyday mass consumers of the digital world. Kin is being developed as a product, not a technology. Nobody will "need" to know how Kin works or why. Nor will they really care. They'll just want to earn Kin if they see use and value for it.

Kin won't need any of the current cryptocurrency holders or users to help it become the most used crypto in the world. The current amount of crypto users in the world is very very small compared to the numbers of mass consumers using your favorite apps. The first crytpo to tap into this pool of potential users (outside of the current crypto space) will win.

Kik, along with Kin's other partners will help get Kin into the hands of 100's of millions of users who may have never owned or touched crypto in their life. But the apps that they are using will make it effortless to use, earn, and spend.

It seems you commented without reading the thread. You are correct, it doesn't matter how many users you have if nobody is using it. You can airdrop a coin to 3 Billion people and it won't make it the most used crypto in the world. You can integrate a coin into an app like Kik with 300M users and 15M monthly active users, and it's possible that won't make it the most used crypto in the world either if nobody in the app decides to use it.

You claim that you "think the answer is that very few will use it", but are just making blind assumptions. If you look at this graph below you will see Kik Points and Bitcoin compared by total transactions. Kin is going to replace Kik Points within the Kik app... so you can expect at least similar usage if not more from their userbase. This isn't just an assumption. This is 2+ years of hard data. On average Kik Points had 3x more transactions that Bitcoin's network.

Yes, you may have seen this claim by other coins that failed, but did those coins have a two year test of a token within their app to back up their claims? I'd like to see an example if this answer is yes.

I'm basing this claim specifically off total transactions per day/month/year. Take a look at the graph from my last comment. Based on years of data, it's highly probable Kin will become the most used crypto in the world once fully integrated into Kik. Unless Bitcoin and Ethereum see substantial increases in their transaction count over the next 6 months, it very well could happen.

I'd like to hear your reasons why you lost confidence in Kin specifically. I'd also like to know why you think Bitcoin and Ethereum can't give up that title? Ethereum was able to pass up Bitcoin... why can't something else pass up Ethereum? I'm not talking about marketcap, but just which coin will have the most daily/weekly/monthly transactions.

I was also very hyped up about it but I lost confidence for Kin. It won't be the most used crypto in the world anywhere. Bitcoin and Ethereum won't give that title to other coins. I don't see a good reason to Kin takeover. It's a good alternative but nothing more.

He's very motivated. But it is possible that everything happens on this market. We'll wait and see .

Giving everyone in the world 1000 Kin won't help it become the most used crypto in the world. You could also give a fraction of Litecoin or another top 10 coin to everyone in the world and that won't make it the most used crypto in the world either. Yes it might contribute positively a little bit, as some of those people might use it, but the majority of them wouldn't. Just because you're given a crypto, doesn't mean you're going to use it. Thus, the majority of these people likely wouldn't contribute to creating transactions and helping it become the most used crypto in the world.

Take a look at this graph:



Kin is replacing Kik Points within the Kik app. Kik points was not a crypto currency, but it if was, it would have been the most used crypto in the world. You can see from the graph that it had more transactions than Bitcoin for almost it's entire existence. Kin will likely become the most used crypto in the world after full integration into Kik.

Kin won't just be used in Kik, but will be used by many other apps as well. So you can expect the usage to go way beyond the numbers displayed in this chart.

The current market won't actually be the main contributor to what makes Kin the most used crypto in the world.

This is measured in amount of tx's daily/monthly/yearly. Thus, even without a large exchange or even any of the current daily crypto users interested in or using Kin, it can still become the most used crypto in the world.

As I mentioned in the OP, there is not a huge amount of active crypto users currently. Kin has 300 million users of which 15 million are active daily. Once Kin is fully integrated into Kik it will be used by millions of new people. Many of them will have never used crypto currency before. However, they'll still be generating transactions and will help make Kin the most used crypto in the world very soon.

Nothing against KIN and against this post and yes only show the possibilities. In general, without any doubts, we can not deny the possibility of this happening until because 10 trillion of supply coins can be divided for each habitande of the world and each one receives a little over 1000 tokens. Leaving the stagnation aside and focus on the project as we can be sure based on the actuality?

Very true, but this Kik integration "most used crypto in the world" news might drop right during the bull run... That would likely send it much higher than the average % climbs coins are getting by the default rebound.

Kin has nothing to do with KickCoin.

Kin is a decentralized ecosystem of digital services for daily life.

It's a new way for businesses to monetize their apps/platforms. Currently businesses and consumers aren't aligned. The only way for an app to really make enough money to compete is to grow large enough, and then serve users ads based on information collected from them, or by selling consumers information. Neither of these are ideal, but this is how companies like Facebook make the money that they do.

Unfortunately the smaller apps don't have the same choice. Without the large userbase they can't make anywhere close to the same amount by displaying ads or selling information. Most of the time one of the monopolies like Facebook will just copy the apps idea and offer it to their own users without ads since they can absorb the costs elsewhere. So the small apps struggle to make any money and end up being copied by the competition. It's a lose lose situation. This has happened many many times just in the last few years alone.

Kin is a solution for the 99% of apps that can't compete with the 1%. By integrating Kin into their app they're rewarded daily with a Kin payout based on the activity their apps generated. Now the apps no longer need to rely on advertising or selling consumer info. They can be paid daily and monetize their app just by facilitating Kin transactions and contributing to the ecosystem. So not only do their consumers have a much better experience knowing their information is safe and not needing to deal with ads, but the business is making money without it.

The rewards work the same way as bitcoin or any other popular coin.

With Bitcoin, the miners are paid out in Bitcoin daily for running their miners, using electricity, and helping process bitcoin transaction.

With Kin, the developers are paid out in Kin daily for their apps facilitating Kin transactions and generating demand for the Kin ecosystem.

You're correct about exchanges... currently Kin is not on any "large" exchanges. The team has been working on the product and has not been focused on the exchanges or liquidity yet. Unlike many other coins they don't think it's necessary to create a ton of hype and get exchange listings when there is no real product show. It's definitely a very important piece as the developers earning Kin daily will need liquidity in the market in order to sell their Kin and cover operational costs or take profits. Kin won't work without large exchanges and liquidity and it's been made very clear they'll be coming before the Kin Rewards Engine is started. Now that the blockchain is basically ready to go and Kik integration is beginning, exchanges are the next step. In order to make other large apps interested in integrating Kin, the price and liquidity will need to be large enough for them to find it worth their time. So I would look out for reputable exchanges in the very near future. Once KIN is on them... the price will likely be much higher.

If you want to know why Kin will have more activity than Bitcoin and Ethereum, just scroll up to my comment right below your initial one.

Recently I have checked kin coin, and I sow it was import some exchanger . I think It is a good coin but i did not think it will be most crypto in the world by the end 2018 because it depend on market .

Thing is, with the BTC drop since January....almost all decent coin is expected to make HUGE returns in a few months.

I would highly suggest taking a look. I'm not paid, but I wish! I do own some Kin though...

I'm pretty active in the community and knowledgeable on many topics related. Feel free to ask me any questions if you're not understanding something as you look into it on your own.

Kin was created by the billion dollar chat app company called Kik. It has a large team working on the project and also has a long list of business connections to help make everything possible.

One major connection is Fred Wilson who owns Union Square Ventures. USV was an early investor with Kik, but also with other large notable companies like Coinbase, SoundCloud, Stripe, and Twitter. Fred Wilson is on the board of Kik, and also on the board of Coinbase...

Tencent also invested $50,000,000 into Kik recently. Tencent owns WeChat if you aren't familiar and is one of the largest tech companies on the planet.

Kik was the first chat app to get mainstream adoption getting over 1,000,000 users in 15 days. At the time it was the fastest growing app ever. Kik was also the first platform to introduce chat bots. Kik has always been at the forefront of advancing technology and now has a goal to become the most used crypto currency in the world. Based on their track record, they definitely have a good shot.

Kik has been planning on entering the crypto space for quite some time. A couple years ago they ran a test with a non-crypto in app token called Kik Points. Here is a quote from their whitepaper on that topic, "The Kik Points experiment was successful, with an average volume of 300,000 transactions per day for its lifetime from 2014 through 2016, reaching 2.6 million transactions per day at the peak. On average, the monthly number of transactions was nearly three times that of the Bitcoin network.6".

If Kik Points was a crypto, it would have been the most used crypto in the world. Since then, Kik has removed Kik Points and launched Kin. Kin is a crypto currency and will be implemented into the Kik app just like Kik points was. Thus, when the Kik integration happens (likely before 2019) Kin will become the most used crypto in the world. This is pretty amazing as unlike Kik Points, Kin is not just for the Kik app. Kin will be implemented into many different apps within the Kin ecosystem. So with the Kik integration alone it will become the most used crytpo in the world, then add together all the Kin usage within all of these other apps down the road, even apps larger than Kik, the usage will be unlike any coin around right now. This includes Bitcoin and Ethereum.

What is KIN? I don't even know about this token. Seem like this token related to Kickcoin right? I don't think there is any reason that this token will become the most used cryptocurrency in the world in this year cause there are a lot of better cryptocurrencies already listed on exchange. Besided Do you forget about the king and the queen of this cryptocurrency world, BTC and ETH?

Oh so this is a coin?i thought its KID lol 😂😂😂

Seems like the Devs has a lot of promises to you budz,or pays you million pieces of this coin thats why youre very eager to promote this so it may pump?

Well i will check if having some extra minute to take a look about this one,

Let's see how far this cryptocurrency can go . Why you believe about this cryptocurrency? It's not listed on any exchange yet so why you think it'll be the most used cryptocurrency? More than BTC and ETH? I don't think so, let see the trading volume of this cryptocurrency when it listed on exchange

https://etherscan.io/token/0x818fc6c2ec5986bc6e2cbf00939d90556ab12ce5?a=0xc91795a59f20027848bc785678b53875934792a1

This wallet is now the #6 Biggest Kin Holder

They bought 6,200,000,000 Kin 216 Days Ago - Post ICO extremely low dip buy

They bought 1,700,000,000 Kin 159 Days Ago - Pre 1,000% pump (right after it's first breakout)

They bought 28,000,000,000 Kin 3 Days Ago - *New great entry point?

So far this wallet has had some pretty amazing buy's... curious to see what will come after their most recent buy to increase their Kin holdings x4

https://nectar.community/#/listings

Top 4 tokens get listed on Ethfinex in 3 hours.

Kin just jumped to the #3 spot! This will be a BIG addition for exchanges that support KIN trading. The price is already starting to move in anticipation.

Thanks for breaking that down and sharing the link as a source!

It's highly probable. A few years back Kik tried something called Kik Points within their app. It was a non-crypto in app token that could be earned and spent. It was highly successful and actually produced more transactions a day than bitcoin was doing. If Kik Points was a crypto, it would have been the most used crypto in the world at that time.

Now Kik has taken all of that information and data and created a crypto currency with the same purpose. Thus, once this token is integrated into the Kik app within the next few months, it's highly probable KIN will become the most used crypto in the world at that point.

The biggest factor is, unlike the non-crypto Kik Points, Kin is not just a token for Kik only. It's going to be integrated into many other apps beyond Kik. So not only will Kin be the most used crypto in the world solely from it's integration into Kik, but it will continue to blow the indstury numbers out of the water as it's integrated into more and more apps potentially even larger than Kik.

Are you sure about that? Cause I can see a lot of hopefully ICO project also said the same thing like this when they were going to list their token on exchange but at the moment seem like nobody wanna trade these tokens anymore . Waiting to see if this one will be different or not

Thanks man, I'm gonna see some yuuge gains coming up here these next couple of years.

Kik has a huge head start, they've been working on this for over 6 years! You can read about the kikpoints experiment here: https://medium.com/kinfoundation/kik-points-key-learnings-from-a-centralized-economy-b99739cf5b69


Telegram integrating a crypto doesn't seem to mean anything to me. Are they creating buy/spend opportunities? Are they providing incentive for other developers to integrate TON in less than a day? Has Telegram figured out how to scale a blockchain? Does Telegram even know how its currency is going to be used? or are they just focusing on the cool new tech and hoping a use case falls into place?

Kik has been focusing on the PRODUCT, letting the technology catch up to where it needs to be. They are going to use a dual-blockchain solution because there is no one project that can both scale and be decentralized yet.

Status looks great but is a dApp browser with p2p functionality built in.

KIN will be a federated system of CENTRALIZED apps creating a DECENTRALIZED network and ecosystem. As each developer integrates kin, the value of kin will increase for everyone.

No product yet but Kik integration could happen as soon as the end of next month.

This is a very nice development for kin. The potential of the huge kik community can be huge. Only downer is the huge coin supply of kin.

Here is the most recent update from Kin. They're extremely close to having a live working product. Everything as of right now is on the test net or in a private beta, but showing really positive results that everything is working as coming together as projected.




Hey, community.

Starting today, (Tuesday) and without promising (because promises tend to break), we'll share a weekly (or bi-weekly, more realistically) update on advancements that are going on here at Kin. We'll focus on three fields:

• Blockchain developments
• Ecosystem and SDK's
• Standalone Kinit app

Without further ado, here's an update relevant for today - May 23rd.

 

Blockchain

 

• The Blockchain Hackathon was successful and super fun! You can check out this post for more insights and details.
• Our private net vs. Stellar's public net. We created our own test net environment (Horizon and Stellar core).

Why our own? We found a few issues and experienced an unstable environment when scale - testing on Stellar.

We added monitoring and alerting for Horizon and Stellar Core instances on DataDog and now we control our own test environment. We do not monitor Stellar's public test net anymore. Fork, remember?

• ATN experiment. This is the core of it: ATN stands for attention. It's the Stellar scalability test AKA Kik's test where every message sent from a user's account reduces 1 ATN from his balance and every message received - adds 1 ATN to the user's balance. Reminder - this test started on Stellar's public test net and is now on our own private test net. Fork, remember?

The latest Kik's Android client version now points out to the private test net. Some current numbers and data:

• Total of 23,210 unique accounts. All users are now on the private test net, from now will be referred to as the Kin Blockchain.
• Peak daily transactions: ~470,000
• Peak hourly transactions: ~30,000
• Peak transactions per second: ~8.3
• Total transactions count: 7,058,616
• Successful transactions: 98% under 10 seconds
• Moving forward, our goal is scaling. We will increase the number of users on the test to reach Stellar's highest bar (10 transactions per second). Another goal is to reach 1M transactions a day.

 

Standalone Kinit app

 

• The beta app test phase 1 is now almost over and we can share some insights. The usage rates are much higher in comparison to other apps. While 90% of users abandon the app within first 30 days, only 43% abandoned Kinit within this period.

The users love the tasks. For example - 92% of users completed 2 tasks and over 75% completed 10 tasks.

Looks like the strategy to have one-two tasks per day has proved itself. The majority of users prefer doing one or two, feeling "it keeps them more engaged".

50% of those who earned enough Kin actually went ahead and made a purchase, while 84% of the others waited for other spend opportunities. Only 14% wanted to hold the Kin.

Users feel the app is innovative, fair and fun

• Moving forward, the team will be adding earn opportunities such as 'do good', 'play a game', 'create content', as well as spend opportunities like a donation, digital assets, and tipping content.
• Also moving forward, the private beta will continue with some new content experiments and later on - public beta with the intention of reaching a high volume of monthly active users.

 

Ecosystem

 

• JWT (JSON Web Token) spec is live and can be found here. Here is the helper for partners to create the JWT and implement the SDK's
• Digital Service onboarding - process documentation is in the works and can be found here. This documentation is (mostly) for the use of our partners, but you are more than welcome to take a look and learn about our work with them.
• Digital services and partners can now create a native spend offer in their app. See the info here.

For those of you who aren't too technical, here's the important gist of it:

The client-side API allows digital service to add/remove "native spend" to marketplace UI. A callback will be called when a user taps a "native spend" cell in the marketplace.

The native offer will always be 1st in the Marketplace. The offer will have no capping or new offer flow, the digital service is responsible to remove "native spend" when completed, based on "native spend" own capping.

• Future - biggest thing we're all waiting to hear news on - the Kik integration. The team is getting ready for Kik's team visit in TLV in June. The trip's goal is to work on timelines, align roadmaps and most important - work together on the integration and release of Kin in the Kik app.

Here is the original post on Reddit: https://www.reddit.com/r/KinFoundation/comments/8li665/weekly_update_may_23/

Could you give a reason why you think that? I respect your view, but curious if you have anything to support it or if you're blindly just tossing that out there.

If you look at my last post (two above), I just addressed the Telegram claim already.

Kin's blockchain is tested and ready to go.

Telegram's isn't

Kin's token is about to go live in real apps with millions of real consumers within the next few months.

Telegram's is not ready and likely won't be until some time in 2019? Curious if someone has a more specific date.


Kin will have a firsts mover advantage over Telegram, and potentially the entire industry when it comes to main stream consumer adoption.

do they have actual working product? many projects are just full of promise but cannot deliver what they promised, but anyway, I will dig on this one.

Hahah no dude, I don't think this will actually happen.
There are some competitors coming. Like Telegram with its coin.
Also, Status could fall in this category, I guess. You can chat, send money and everything else with eth.

Yes I also think so, because I have some KIN coins however
 I remain optimistic that KIN will be popular by the end of 2018 and will be Trending in Altcoin....

I understand your claim. Telegram has a huge amount of users compared to Kik. The big question is when will their blockchain and coin be ready?

Throughout the history of Kik, they've successfully been the first to achieve many things. Their current goal is to be the first with this as well. They're positioned very well to do so.

If Telegram went live today, then yes it very well could take "the most used cryptocurrency in the world" crown. They're not launching today though. If you have a rough date on when that's supposed to happen I'd be interested in hearing it. KIN is looking to achieve this as soon as this year.

Kin has been moving very fast to make sure they're first in this race. Once they achieve this goal, the next goal is to be so far ahead that nobody can catch them. So it's possible that when Telegram finally launches it's crypto, it could have had that title, but over the year or so longer it took them, Kin could have grown exponentially and be much farther ahead.

Honestly 10T might not even be enough. Let's say KIN becomes widely successful. Let's say the same amount of Facebook users (roughly 2B) eventually use/own KIN as at least one of their apps they use has integrated it.

10T/2B is only 10,000Kin to go around for each user. That's really not a whole lot as at today's prices that's just $1.90 worth of Kin. You also need to keep in mind that the 10T won't only be distributed between the users of all these apps, but the apps themselves will likely need to be holding a decent amount of Kin to keep their app working correctly (depending on how they have it integrated).

Burning is not the solution and does not make sense. You need to look at the bigger picture.

Another thing to keep in mind is 10T Kin won't be circulating for another 60+ years. Currently the circulating supply is around 750B tokens. Each day more and more tokens will be released into circulation once the KRE is started, but this will be no different than Bitcoin or many other coins. Everyday more Bitcoin is mined and the total supply increases. This will be similar with Kin, but instead of rewarding miners with the coins, Kin rewards the app developers for increasing demand in the ecosystem. The only way that the supply grows is from the developers offsetting that inflation by providing the ecosystem with added demand.

I think that all you are talking about is simply shilling. The most used crypto in the world will be telegram crypto currency,because not only crypto users chat in telegram but also ordinary people. Telegram will blow this market, believe me!

We have our own opinion throughout this KIN i knew this coin because of my chinese friend that uses the Kik application but it doesn't make sense if the team will just relying on that approach. The supply is also one of the big issue, it's more appropriate if they burn some amounts of it along with good productivity.

Price is driven by demand and supply is irrelevant to your potential return on any coin. I'll get to the math but for now I'll explain the main concept for this supply.

KIN wants to be a micro transaction token. It will be used to reward users of an app, as a currency to buy items or unlock features in an app, or even as a tipping token. You may be thinking that any coin can also do this, which is kind of true. However, you have to keep in mind KIN will be used by 100's of million of regular consumers. Not just 6 million crypto trading speculators.

Yes, I can send 0.0000014 BTC if I want to send a $0.01 micro transaction. However, if you include the fee to send Bitcoin, then it really didn't make any sense because the fee cost is so much more than the $0.01 you were sending. Kin's blockchain will allow you to send that $0.01 without a fee that makes the transaction pointless.

Now you might argue that there are other coins out there that have a very small sub penny fee that can be used this way. This is also true, but where the 10T supply proves itself. Lets say this other coin is also 0.0000014 XXX to send a $0.01 micro transaction. Pretend you're a consumer who has no idea about crypto, but your favorite app just integrated this coin. It might be very confusing why you're sending 0.0000014 of this crypto. It's such a small number and nothing like what they're used to in the real world when paying in integers or at most two decimal places.

Since KIN has 10T tokens it will always use "comfortable" numbers for these non tech non crypto main stream app consumers. Say KIN is $0.001/token. In order to send someone $0.01 I would make a transaction for 10 KIN. This is a much cleaner number to handle micro transactions. It will make much more sense for the consumers. KIN isn't geared towards the current users of the crypto space, they're going to bring in a flood of a new type of user. Making the entire process (speed, fees, usability etc) as easy as possible for them will be the key to success.

Now for the math

Yes, supply is important as it can affect the price of a coin. However, the most important thing about the supply is that it isn't infinite. As long as your coin has a hard limit on the total coins that can ever exist, then supply is relative from one coin to the next.

I'll be using Bitcoin and Kin in this example, but will use made up prices to keep the math simple and make it easy to follow.

Bitcoin
Price: $476.10
Supply: 21,000,000
Marketcap: $1,000,000,000

KIN
Price: $0.000100
Supply: 10,000,000,000,000
Marketcap: $1,000,000,000

Your claim is that KIN can't appreciate or won't appreciate because of it's drastically higher supply. Again, supply is only affecting the price per coin. It has nothing to do with how much a coin can appreciate.

Yes, KIN will never be able to hit $476.10/coin, but it doesn't need to. It doesn't make sense for it's purpose and most importantly it doesn't dampen the ability to make money on it.

If you had $1000 and could invest in either coin based on the numbers above what would you pick? Would you honestly base it on the total supply? That just seems silly... You would pick whatever coin has the most potential to increase in value. I'm not saying increase in value as far as the price per coin, but as a % from where you invested. Supply is completely irrelevant.

$1000 into bitcoin would give you = 2.1 BTC

$1000 into kin would give you = 10,000,000 KIN

Now let's say the demand for both coins were equal over a period of time and they both doubled up:

BTC = $952.20

KIN = $0.000200

Do you honestly believe that because you're holding Bitcoin with a lower supply and the fact that it's already over $900 makes it superior to someone who invested in KIN? Absolutely not, it's all just relative. Both investors would be sitting at $2000 in value.

Yes, Kin will never be able to hit $20,000 a coin like Bitcoin just peaked at, but it will never need to. Kin's success will be based off a much smaller number. a 10,000% gain on an investment is a 10,000% gain on an investment. It's as simple as that. The per coin or per share value is irrelevant. You'll just end up with a higher amount of the less per coin or per share value option.

Demand will have the same affect on any coin. The only difference is you'll be trading millions of Kin vs fractions of bitcoin. You're not going to just buy 2.1Kin and complain that it will never be worth $40,000.

So there are a few things at play here that make Kin more valuable than "every other token".

1. The KRE + kin SDK - a radically new way for app developers to monetize + a way to implement it into your own app in less than a day.

2. Kin in Kik - Kik points did 3x the transaction volume of BTC 2014-2016, kin will be used similarly to kik points, but even better. It will increase engagement

3. Earn/spend in app. every other token (BAT excepted) expects you to go on to an exchange and buy the token and spend it in the app. This will never work. You must be able to earn and spend the token in-app, as you will be able to do with kin.

Read more at reddit.com/r/kinfoundation or https://medium.com/kinfoundation

You don't "need" KIN to "access" the Kik platform as far as I understand (without officially knowing how it will work as it's not integrated yet). However, you may "need" Kin to access certain parts of the  app or to purchase certain things related to your apps experience. You may not "need" it, but you'll probably "want" it.

Every app is going to integrate KIN differently. Some may in fact require you to have KIN in order to use it. Others may allow your KIN to unlock content or certain features within the app. Other apps may use KIN to allow their customers to buy and sell items through a marketplace by sending KIN back and forth.

KIN recently held a Hackathon. Each group comprised of 3 employees from an app with the goal of integrating KIN into their app within 24 hours. As I explained above, each app integrated it differently. Here are the videos:

Volgr - https://www.youtube.com/watch?v=50Fzujk9Z84

ClanPlay - https://www.youtube.com/watch?v=IyFgaVHzW_U

AiWorks - https://www.youtube.com/watch?v=ciAer2KyYwg

Impact Value - https://www.youtube.com/watch?v=qCZ-IqFhaWo

If you understood how the cryptomarket works, you will understand our comments...at least from investment return side.  

It is your money so feel free to invest as much as you want on KIN.

That's just a ridiculous comment, proving you didn't spend more than one hot second trying to understand the economics or the idea behind the token or its supply.
I'll only refer you to this comment on the Kin subreddit, providing some sense to the supply:
https://www.reddit.com/r/KinFoundation/comments/8mfktb/why_having_10_trillion_coins_is_genius/

It will show its true potential as it begins to work. KIN has very strong team and potential.

It is an ethereum token. So barely a crypto and it will suffer all problems Ethereum have and will have in future.   300 million users. LOL Poor Ethereum.

The logic sounds simple, however I think this won't be the case. Even if it becomes a reality and kin will be the most used currency, it certainly won't appreciate tremendously in terms of price. Just compare the 21m Bitcoin to the 10 trillion kin. It's not a good investment imo, however I also hold a bit of it, just in case something unexpected happens.

Why? What exactly are these 10 trilllion coins going to be spent on? That's a lot of coins that REALLY need to all be used in order for the price to go up. Also, what's going to lower the total supply to bring the market cap up? You can't really have 10 trillion coins at $.10 a piece at the current market cap.

I am pretty sure kik messenger is very popular among youngsters in many different countries! But as far as I observe kin token isn't going to be used that much. It is not bad coin but it feels very limited mate.

That is good news mate for kin holders and i think it has good potential as well especially due to working app, but there were a lot of negative news about kin in the market like the split and conflicts in their team members, i hope it all settled down for the further development and the future success of the project.

yeah, the supply from KIN make me doubt to invest in this cryptocurrency
i can said, its hard to grow my friend,
hope there will be a burning mechanism to reduce the total supply from KIN

...and with 10 trillion (10,000,000,000,000) coin supply...it is basically worthless.

Not touching it.  There are way better coins out there.

check this link below my friend
https://coinmarketcap.com/currencies/kin/#markets
you can trade this KIN on several exchange now,,

I don't think so, do I need Kin tokens to access the platform, for me the answer is NO, I think what people don't understand is that mosto the tokens are useless, if there is no need to hold it to use the platfrom what is the incentive for the token buyers and investors

where i find this KIN coin? already on market? what exchange trade this coin? price for now?

Currently there are roughly 6 million active crypto users in the space. KIN is about to be integrated into the well known chat app Kik very soon. Kik has over 300 million users of which 15 million are active daily. Once KIN is integrated into the app, it will become the most used cryptocurrency in the world.

Kin isn't just tied to the Kik app. It will will eventually be integrated into 1000's of digital apps increasing the amount of people using KIN to the 100's of millions...

Imagine the demand for a coin that's being used by 100's of millions when currently Bitcoin, the most valuable coin right now, only has 25 million total wallets (keeping in mind many of these are abandoned or the fact that people have multiple accounts).


Background

Kin was created by the billion dollar chat app company called Kik. It has a large team working on the project and also has a long list of business connections to help make everything possible.

One major connection is Fred Wilson who owns Union Square Ventures. USV was an early investor with Kik, but also with other large notable companies like Coinbase, SoundCloud, Stripe, and Twitter. Fred Wilson is on the board of Kik, and also on the board of Coinbase...

Tencent also invested $50,000,000 into Kik recently. Tencent owns WeChat if you aren't familiar and is one of the largest tech companies on the planet.

Kik was the first chat app to get mainstream adoption getting over 1,000,000 users in 15 days. At the time it was the fastest growing app ever. Kik was also the first platform to introduce chat bots. Kik has always been at the forefront of advancing technology and now has a goal to become the most used crypto currency in the world. Based on their track record, they definitely have a good shot.

Kik has been planning on entering the crypto space for quite some time. A couple years ago they ran a test with a non-crypto in app token called Kik Points. Here is a quote from their whitepaper on that topic, "The Kik Points experiment was successful, with an average volume of 300,000 transactions per day for its lifetime from 2014 through 2016, reaching 2.6 million transactions per day at the peak. On average, the monthly number of transactions was nearly three times that of the Bitcoin network.".

If Kik Points was a crypto, it would have been the most used crypto in the world. Since then, Kik has removed Kik Points and launched Kin. Kin is a crypto currency and will be implemented into the Kik app just like Kik points was. Thus, when the Kik integration happens (likely before 2019) Kin will become the most used crypto in the world. This is pretty amazing as unlike Kik Points, Kin is not just for the Kik app. Kin will be implemented into many different apps within the Kin ecosystem. So with the Kik integration alone it will become the most used crytpo in the world, then add together all the Kin usage within all of these other apps down the road, even apps larger than Kik, the usage will be unlike any coin around right now. This includes Bitcoin and Ethereum.


Resources

Listen to the creator's interview at Consensus 2018:

https://twitter.com/kin_foundation/status/998934789637005312


This is also a recent article about KIN:

https://www.wired.com/story/kik-founder-plots-a-rebel-alliance-against-facebooks-death-star/amp?mbid=social_twitter_onsiteshare&__twitter_impression=true