Kin was launched in 2017 and is governed by the Kin Foundation. It functions as a blockchain network built for scalability and designed to deliver fast transaction processing to enable a digital economy. Developers can create applications on top of the network to offer different services and products, such as games and financial tools.

KIN is the network’s native cryptocurrency. The token is used as the preferred method of payment for transactions throughout the Kin ecosystem, and it also serves as a way to move value for use cases like payments and social media. 

What are Kin’s key features and how does it work?

The Kin Ecosystem includes several participants with distinct roles. These include:

One standout element of Kin is its all-in-one rewards system. The Kin Rewards Engine, or KRE, is designed to reward and motivate developers who build apps within the ecosystem. Developer payouts are determined using multiple core metrics, including the KIN price and how much engagement applications receive, with the total payable amount based on KIN spent by users on those applications. While the KRE is managed by the Kin Foundation, users can submit proposals to adjust the rewards approach. 

What can Kin be used for?

Kin supports a range of applications across industries including gaming, education, finance, travel, and more. To encourage developers to build compelling apps, Kin compensates them with KIN tied to user activity-especially when users spend KIN within the app.

Here are a few decentralized applications that run on Kin:

Where can you buy KIN?

KIN can be traded on the following CEXs and DEXs listed here. Among the most widely used platforms with the highest liquidity are Gate.io, MEXC Global, and KuCoin. The KIN price may differ by exchange and broader market conditions. For the latest and historical KIN market figures, check the price charts on this page.