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Kin ICO summary information

Conceptual Model

Kik Interactive Inc. is creating a cryptocurrency as a first step to launching a decentralized ecosystem of digital services. The Kin cryptocurrency will first power a digital economy inside of Kik, and then will serve as the basis of interoperability with other digital services in the Kin Ecosystem.

Project Description

Kin is a decentralized ecosystem composed of a group of digital services launched by Kik. The Kin token is an Ethereum-based cryptocurrency that is to be used for daily online activites such as instant messaging, social media, tipping and payments within the Kin Ecosystem . The Kin token will will also serve as the basis of interchangeability with other digital services.Team:Ted Livingston: CEO, Founder.Peter Heinke: CFO & COO.Eran Ben-Ari: CPO.Erin Clift: CMO.Dave Simons: SVP Engineering.Kin will be holding its ICO on September 12, 2017. The ICO token supply represents 10% of the total token supply, so there will be a total of 100000000000 tokens available at the offering. The ICO is expected to end on September 26, 2017.Token Reserve Split (90%):30% Preallocated to Kik as the founding member of the Kin Foundation and subject to a long-term vesting schedule;60% Under the purview of the Kin Foundation, locked under the Kin Rewards Engine schema, and used strategically to grow the Kin Ecosystem and fund the operations of the foundation;

Founders and Associates

Ted Livingston -Founder & CEO, Kik

Peter Heinke -CFO & COO, Kik

Eran Ben-Ari -CPO, Kik

Dany Fishel -President, Kik Israel

Eileen Lyon -General Counsel and Chief Compliance Officer

Erin Clift -CMO, Kik

Dave Simons -SVP Engineering, Kik

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
KIN Latest Updates
February 12, 2018

Cryptocurrency News — February 12

Welcome back! What caught our attention last week? Regulation, regulation, and more regulation. Authorities in Japan, China, and Europe are discussing or taking action against unregulated cryptocurrency markets.Market OverviewJapanese regulatory authorities will allow Coincheck, the...

From: Caroline Edwards

February 07, 2018

Cryptocurrency News — February 7, 2018

Welcome to the first weekly installment of Cryptocurrency News. Each week, we’ll gather interesting updates and trends from the cryptocurrency market to keep you in the loop.What caught our attention last week? Calls for government regulation, government applications of crypto, and methods of...

From: Caroline Edwards

January 31, 2018

Ted Livingston on Blockchain Innovation Podcast

https://medium.com/media/1709fbac68177de90f3a49d3b9852a1c/hrefTed joins Frederick Munawa on the Blockchain Innovation Podcast, a podcast focused on discussing the present and future applications of blockchain technology. The two discuss the story of Kik and how it led to the creation of Kin, the...

From: Rod McLeod

January 23, 2018

TEDxUW: How Blockchain Powers Global Collaboration and Repairs a Broken Trust System

https://medium.com/media/200d3c355dac46aaa6c8388305931e46/hrefWhat do 2 Pac, goats, hyperinflation, and Bitcoin have in common? They were all part of Kik director of strategy and corporate development Tanner Philp’s TEDxUW talk in October 2017. Watch the full 14-minute talk below.TEDxUW: How...

From: Rod McLeod

January 19, 2018

Stages of Ecosystem Development

This is the second in a series of four posts on design principles for economic architecture in the context of Kin. If you haven’t read the first post (Defining a Healthy Kin Economy), I would recommend starting there as it provides the foundational context that we’ll build on here.In the...

From: Tanner Philp

January 16, 2018

Defining a Healthy Economy

Ted recently wrote a great piece that very succinctly articulates the vision for the Kin Ecosystem and why Kin exists.Kin is a digital sharing economy of equal opportunity where everyone is fairly compensated for the talent they provide through their phones; where creators are fairly...

From: Tanner Philp

January 10, 2018

Insights from Kin Initial Product Launch

We believe in transparency. Not just in sharing our vision, roadmap and product updates. It’s on everyone’s mind across our team. It has been an important guideline that we have set since the beginning of IPLv2, and today we are happy to continue being transparent with figures and...

From: Oded Betav

January 05, 2018

Building IPLv2 in Kik

Recently we launched the first Kin earn and spend opportunities in Kik, which we have been calling IPLv2.The goal of IPLv2 as discussed in a previous post was to introduce crypto to Kik users, minimize time to production and experiment with a two-sided economy. Today, we’ll review the high...

From: Shums Kassam

January 02, 2018

Kin and Orbs

The other week, I talked about needing a faster, cheaper, and more robust blockchain than what is available today, and my thoughts regarding the Stellar network. Today, I want to continue that conversation and tell you about our work with Orbs, an independent next generation blockchain project...

From: Ted Livingston

December 18, 2017

First Kin Earn and Spend Experiences Live in Kik

Today, we launched the first Kin earn and spend experiences inside of Kik (what we’ve been calling IPLv2). A few things to note:This experience is limited to 10,000 Kik power users. Because of scalability challenges with Ethereum — CryptoKitties actually impacted this launch — we...

From: Rod McLeod

December 15, 2017

The Vision for Kin

I was recently asked to write a succinct piece on Kin’s vision. This is what I wrote.I imagine millions of people sitting down with their phones each morning, providing value to the world and getting compensated. The value they provide would come in many forms, such as offering advice,...

From: Ted Livingston

December 14, 2017

Live Q&A with Ted Recap

https://medium.com/media/39583f03428aa39a4c3b55a6ac99752c/hrefIn case you missed it, here’s a short recap of Ted’s Q&A yesterday:Exchanges: “It’s a confidential process. We are fully aware that for this ecosystem to work, there needs to be liquidity for these tokens on major...

From: Rod McLeod

New and Improved Kin Website

We’re proud to announce that we’ve launched a new website for Kin. This new and improved website will be the ultimate resource for all things Kin related.We will continue to build out the website and pages in 2018 as more information becomes available. Check it out and let us know what you...

From: Rod McLeod

December 12, 2017

Launching the Kin Ecosystem

This post lays out how the Kin partnerships team is operating as we prepare to launch the Kin Ecosystem: where we are focusing our efforts, why we are focusing our efforts there, the value propositions we are considering, the uses cases we are considering, and the tools and content we want to...

From: Amos Shinkle

December 11, 2017

Livestream Q&A with Ted Livingston — Dec. 13, 11:00 a.m. ET

On Wednesday, Dec. 13, 11:00 a.m. ET, Ted Livingston, founder and CEO of Kik, will do a livestreamed Q&A on YouTube. During this 30-minute livestream, Ted will be interviewed by Kin community manager Yoel Rivelis.Today and tomorrow, we will be compiling a list of questions from the...

From: Rod McLeod

December 08, 2017

Designing the Kin Wallet User Interface

Project RequirementsOur design process starts by determining product requirements. In this case, our product needs to introduce Kik users to the process of earning and spending Kin. This means we’ll be onboarding users to a completely new experience inside Kik.During the previous iteration of...

From: Kin Design

December 07, 2017

Making Sense of Ethereum Nonce(sense)

We expect users to send multiple Kin transactions in a row. We’re not expecting users to understand blockchain and monitor their transactions manually. When testing our Kin wallet SDK (Android and iOS), we witnessed a problem sending multiple transactions one after the other. In a specific...

From: Yossi Rizgan

December 05, 2017

The New ERC223 Token Standard

In this article, we will compare Ethereum Request for Comments #223 (the new ERC223 token standard) to the popular ERC20 token standard and discuss its motivation and advantages (Kin is an ERC20 token).TLDR: ERC20 should be retired, and it’s better to use the new ERC223 token standard when...

From: Leonid Beder

December 04, 2017

Kin Wallet Face Authentication — Identifying the Correct User

Kin Face authentication algorithm in action (development stage) — Given a set of face images, can we authenticate and cluster them based on unique users? Top row from left to right: Patrick Ewing Jr., Gene Hackman, George H.W. Bush; bottom row: George W. Bush, Eddie Murphy and Patrick...

From: Ofir Engolz

December 01, 2017

Kin: An Investor’s Perspective

This is a guest post by Kin community member Will Gikandi.Kin’s token distribution event ended this summer, raising a whopping $100 million.Two months later, Kin is trading at half its ICO price on EtherDelta. What happened? We will get to that in a minute, but first, let me explain why Kin...

From: Will Gikandi

November 30, 2017

Aligning Incentives in a Deflationary Economy

No one wants to be the one who bought pizza for 10,000 bitcoin (~$100M at today’s spot rate), but it’s safe to say that most wouldn’t mind being the person selling the pizza. The next thought that often comes to mind is: “imagine if they had just held onto it instead.” This is much...

From: Tanner Philp

November 29, 2017

IPLv2 Product Overview

As discussed in this previous blog post, some of the teams at Kik have transitioned to working on projects integrating Kin into Kik. I’ve been fortunate to work on one of these projects, called the IPLv2. This project will get Kik users to experiment with Kin inside of Kik.So what are the...

From: Christine Thayer

November 28, 2017

IPLv2 Project Status and Considerations

A lot of teams across Kik are working on IPLv2, a project that will let a group of Kik power users experiment with real Kin tokens inside of Kik. The goal of IPLv2 is to go fully on-chain with an Ethereum based solution for all transactions, where we will provide three ways to earn and one way...

From: Andrea Ahrens

November 27, 2017

Go-Ethereum Pending (Wait for It…) Balance

Our vision for Kin is to create a decentralized ecosystem of digital services for daily life.“For daily life” means that one of our greatest challenges is making blockchain technology accessible to the masses. These days blockchain (mainly crypto-currencies) is known widely, but its use is...

From: Yossi Rizgan

November 23, 2017

Kin Wallet Authentication — User Experience Exploration

As part of our ongoing efforts to create the perfect Kin wallet for our users on Kik (as well as on other applications and services), we have been exploring different user authentication methods and experiences.When facing with this challenge, we had to take a few very important questions and...

From: Ilan Leibovich

November 22, 2017

The First Kin Client SDKs Are Live

We are very happy to publish our first open source Kin SDKs (kin-sdk-core-android and kin-sdk-core-ios).The purpose of these projects is to significantly lower the barrier for Kin integration in mobile apps. The goal of these SDKs is for developers and digital services to easily add Kin wallet...

From: Yohay Barsky

November 21, 2017

Pantera Capital CEO Joins Kik’s Company-Wide Meeting

https://medium.com/media/04849deb0f2b62c0056b9d9b8f7a7e0d/hrefLast week, Dan Morehead, CEO of Pantera Capital, joined us at Sit Down, Kik’s company-wide meeting. Pantera participated in Kin’s presale over the summer and remains to be a strong partner for the project. Tanner Philp, director...

From: Rod McLeod

November 20, 2017

An Engineer’s Point of View: Transitioning Towards a More Transparent Culture

I’m one of several engineering team leaders at Kik, and over the past six years, I’ve been working with my team to build and provide great mobile products. Many of these years were actually at Rounds, a social communications platform, that Kik acquired earlier this year, which operated...

From: Yohay Barsky