Founded in 2017 and managed by the Kin Foundation, Kin operates as a blockchain platform designed for high scalability and rapid transaction speeds to support a digital economy. Developers can create various applications on the network, such as games and financial tools. The platform’s native token, KIN, serves as the primary currency used for transactions across the Kin ecosystem, facilitating payments and value transfer for services like social media and financial transactions. Key features of Kin include its comprehensive rewards system, the Kin Rewards Engine (KRE), which incentivizes developers to build engaging apps. Rewards are based on metrics like app engagement and KIN’s market price, with the Kin Foundation overseeing the system and allowing users to propose changes. Kin’s eco...
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