Kin

Kin(KIN)

Kin is a general purpose cryptocurrency to be used for daily online activities such as instant messaging, social media, tipping and payments within the Kin Ecosystem.
  • Market Cap
    $153.752.439
  • Price
    $0.00020335
  • Category
    Payments & Currency
  • Origin
    Canada
  • Team Size
    25-50
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    7.3
  • Team Ratings
    7.4
  • Execution Ratings
    6.9
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    9
  • Product/market fit ⓘ

    7
  • How is the product compared to existing solutions? ⓘ

    7
  • How difficult is to make the product? ⓘ

    8
  • Could this product scale? ⓘ

    8
About Product
Kik (parent company of Kin foundation) is founded in 2009, is one of the leading messaging platforms amongst the teenage and young adult market, particularly in the US, with over 15 million monthly active users. Kin is a token to be used to transition existing 300 million user base of kik to blockchain-based systems. Apps that complement Messaging app Kik will be developed on this blockchain. Developed apps will receive Kin tokens as a reward. Most of the coins will be distributed as rewards.
Team
  • Team's previous experience ⓘ

    8
  • Does the team have a clear vision? ⓘ

    9
  • Is technical team sufficient for building the product? ⓘ

    8
  • Is the team active? ⓘ

    8
  • Is the team size big enough? ⓘ

    7
  • How is the team growth? ⓘ

    7
About Team
The team is already working together on a successful project. Their vision for kin is clear and codebase on GitHub is updated frequently.
Execution
  • Could this team get the product into a market? ⓘ

    7
  • Could they do it in time? ⓘ

    7
  • Did they meet previous deadlines? ⓘ

    8
  • Is the marketing strategy sufficient? ⓘ

    7
  • Team’s previous achievements ⓘ

    8
  • Strategic partnerships ⓘ

    8
  • Current market size ⓘ

    6
About Execution
Using an existing system is fundamentally different than a company developing its system from scratch. Since 2009 Kik established its culture, values, and priorities. Q3 2018 reward engine is going to launch and it will be the most important indicator of this coins adaption
Editor's note

As mentioned in the whitepaper, use cases of kin are broad. The Rewards Engine is important for adoption and growth. Massaging apps are great for cryptocurrency uses and existing user base is a huge plus. Seeing UI/UX focused development is good for a change. Our major concerns will be answered with the launch of the beta app.

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Initial Rating: April 24, 2018

Last modified: June 4, 2018