MEXC Academy ：What Is KIN?
KIN is a decentralized cryptocurrency with a built-in incentive model that compensates developers for higher usage. It was created with the goal of integrating effortlessly across Mobile and Web Apps. KIN-based apps are rewarded for generating engaging cryptocurrency-based user experiences, with increased engagement resulting in shared economic rewards for both users and developers. It began as an ERC20 token on the Ethereum blockchain in 2017, but has now transferred to the Solana blockchain, allowing consumer-scale apps to transact quickly and with minimum to no costs. Since its launch, the KIN ecosystem has grown to include over 60 million wallets and has distributed over $70 million in rewards across 60+ apps.
Family was at first sent off as an ERC20 token running on top of the Ethereum blockchain and entrusted with supporting all monetary exercises inside the KIK environment. Trade KIN with MEXC Global.This was trailed by the joining of a custom Stellar to guarantee more straightforward scaling and the expulsion of charges from the exchange framework. At last, in March 2019, the KIN token was set for the relocation from the ERC20 standard to its own local blockchain. The trade will happen until June twelfth, with the clients being qualified for the programmed trade in the event that they have procured their tokens through the biological system applications. Any other way, the trade will occur consequently once the applications relocate to another stage.