In 2017, token sales have skyrocketed and ICOs are becoming a more popular method of raising funds. Kik, however, is the first mainstream company to adopt this funding model in place of traditional venture capital. Nearly $100 million was raised by the Kik ICO, including contributions from a private presale.
Kik also included Kin, its own cryptocurrency, which will be used as a foundation to create a decentralized ecosystem for digital services. Inspired by Bitcoin’s recent success, Kik decided that it was the right moment to announce their cryptocurrency to be integrated with social media. The new cryptocurrency Kik uses to transact internationally allows them to do so, which is a revolutionary step.
Ted Livingston, founder of Kik, stated that “Kik believes Kin can bring together many participants to create a wide ecosystem of digital services that prioritizes customer experience and choice.”
Kik plans to use Kin tokens to incentivize its users and developers. The Kik team will also use these coins for the promotion of the network. These coins will have monetary value, and will be eligible for rewards through the app. Developers can be paid for creating content. They also earn based on metrics such as user engagement within their app or service. This allows developers to focus on building products that people love and use. Companies could offer Kin to users in return for sharing their experiences or posting about them. Users can also pay for live streaming. For small tasks, such as watching ads or interacting with chatbots made by publishers and brands, coins will be available.
As the financial incentive, Kin’s rewards will be primarily dedicated to content developers. This is so that they can get paid without having to rely on ads (unlike YouTube). Each service provider will be reflected in the Kin algorithm, and each day a Kin Rewards Engine will reward them with a daily reward based on the Kin economy within each digital service. Daily rewards for users will increase as Kin is used more often.
Expanding The Ecosystem to Other Apps
Livingston says they created Kinit app to enable brands to pay attention to users. It is the first iPhone app approved by Apple to earn and spend crypto. This development, combined with Kik users saw Kin gain more active users than all other Ethereum apps.
In frustration with Stellar’s short-term inability “business scale”, the project changed course again in May. Developers announced that they would fork Stellar in order to launch a Kin blockchain. They will also retain bidirectional support from Ethereum in order to capitalise on its ubiquity, liquidity, and connectivity.
KIN Map for 2020
There is no official roadmap. Matt D, Kin CTO, said these words about the company’s position on public roadmaps and their lack.
“Roadmap. We do publish a roadmap. We don’t publish a detailed roadmap or one with dates. Ted, for example, has stated from the beginning that we have a roadmap: (1) Build a scalable Blockchain, (2) Integrate Kin in Kik, (3) Expand Kin beyond Kik. This is a roadmap the team agreed to and has been achieved. We have much more information than this internally. However, we don’t share that externally as things change so quickly, often unexpectedly, whenever we discover new information, uncover blockages, or realize unforeseen dependencies. We don’t want to make promises about something we can’t deliver.
Market forecast for KIN Price 2021
Forecasting cryptocurrency prices is a gamble.
Let’s take a look at some of the most renowned publications and personalities and their predictions about the KIN price. This will give us another perspective to consider.
Walletinvestor, a popular website that provides technical analysis-based price predictions for various cryptocurrencies, is a well-known one. KIN is predicted to fall to $0.000002 (yes that’s five zeros) within one year. This prediction of the price is extremely bearish and pessimistic. It might not fall that far.
Trading Beasts made a neutral prediction that KIN could be worth between $0.00001 and $0.00002 by 2020. This is a broad range so it is not a prediction to excite anyone.
Mega Crypto Price
Mega Crypto price predicts KIN could reach $0.00016 at the end 2020 and $0.002 at the end 2023.
Cryptoground predicts that KIN could reach $0.0001 by 2020. They also added their KIN price prediction 2024. In this version, they predicted that KIN could reach $0.018 in 2024.
Kin (KIN), Price Prediction/Forecast 2021, 2022 and 2023, 2024. 2025. 2030
At PricePrediction.Net we predict future Kin price predictions/KIN forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Kin. We try to get as much historical data on the KIN coin as possible. This includes multiple parameters such past price, Kin marketcap and Kin volume, among others. Our predictions will help you determine if digital cryptocurrencies are right for you and provide a good return.
Kin price prediction 2021
Our technical analysis of past KIN price data shows that Kin’s price is expected to be at its lowest level in 2021. KIN can trade at $0.00005385, with a maximum price of $0.00005632.
Kin price prediction 2022
In 2022, the Kin price is expected to be at a minimum of $0.00007609. The Kin price could reach $0.00009262, with an average price of $0.00007825 for 2022.
KIN Forecast for 2023-2024
According to technical analysis and the forecast price, the Kin price will reach a minimum of $0.00011427 in 2023. KIN can trade at an average price of $0.00011818 and reach a maximum price of $0.00013110. Continue reading
In 2024, the price of 1 Kin will be at its lowest level of $0.0001787. KIN prices can reach $0.00020205 and average $0.00017678 in 2024.
Kin price prediction 2025
The Kin price will reach its lowest level of $0.00025231 by 2025. Our findings show that the KIN price may reach $0.00029744 at the highest possible level, with an average forecast price $0.00025938.
Kin price prediction 2026
Our technical analysis of past Kin price data has shown that the Kin price is expected to reach $0.00035212 in 2026. Kin’s price can go up to $0.00042754 and its average trading value is $0.00036250.
Kin (KIN) Price Prediction 2027
In 2027, the Kin price is expected to be at its lowest value of $0.00050214. With an average trading price $0.00051664 in 2027, the Kin price could hit a maximum of $0.00062022.
Kin price prediction/Forecast 2028
According to technical analysis and forecast, the Kin price will reach a minimum of $0.00069620 in 2028. KIN can be purchased at a maximum value of $0.0008594 and an average value of $0.00072203.
Kin (KIN) Price Prediction 2029
In 2029, the Kin price is expected to be at its lowest value of $0.00098011. Kin could attain a maximum price of $0.001, with an average trading price $0.001 in 2029.
Kin price prediction 2030
The Kin price will reach its lowest level of $0.001 by 2030, according to forecasts. Our findings show that the KIN price may reach $0.002 at the highest possible level, with an average forecast price $0.002.
ICP Price Prediction
IOTA Price Prediction
Lotex Price Prediction
Irisnet Price Prediction
Kadena Price Prediction
LISK Price Prediction
Kusama Price Prediction
Kin price Prediction
Klaytn Price Prediction
Komodo Price Prediction