Kin is a Solana-based decentralized project that allows developers to monetize the apps and websites they build. It also supports developers through the Kin Rewards Engine (KRE) and grants through the Catalyst Fund. The KRE rewards developers who use Kin in their apps, and grants are available to help great ideas become reality.
At the beginning of 2023, the project claims to have more than 1 million active users, to support more than 50 projects, and to have paid out more than 400 billion KIN in rewards.
Kin can be used in an app in various ways, including Welcome Bonuses, Real World Purchases, Digital Purchases, Staking, In-App Scoring, P2P Tipping, User Rewards, and Pay For Access.
Also, Kin supports three main transaction types:
- Spend transaction type involves a user spending KIN token in the app
- Earn transaction type involves the app paying KIN token out to users
- P2P transaction type allows users to send KIN token to another user
KIN has a total supply of 10,000,000,000,000, and its circulation supply is 2,207,205,857,150.
Consider investing in Kin (KIN)? It only takes 2 minutes to create an account on Bitget and start trading KIN.
Check out the available KIN trading pairs on Bitget!
Spot market