The number of mobile apps designed around the genre, the cryptography created and launched by the mobile application Kik, is increasing.
At the time of writing, ten have already been released, others will be available as Google Play, and iOS department stores will approve. In total, more than thirty applications are expected debut in the coming weeks.
Quick summary: The parent was created by the Canadian company Kik's messaging company. To help launch the project, in 2017, Kik collected $ 98 million in one of the largest wallet launchers, and this summer announced that it would support teams that will build apps designed to allow users to use and earn their mark.
"We're trying to build an ecosystem where you can make money in one app and spend it in the other," said CoinDesk, CoinDesk Ayelet Laub, Product Manager at the Kin Ecosystem.
Many of the upcoming applications fall into the classic categories that mobile users will be most familiar with. And if it has the advantage of knowing it, it lacks a lot of confrontation with the market competition with the big companies.
Fortunately, these applications do not have to compete solely on the basis of interesting factors and user experience, because new apps that parents support directly pay their users for their participation. In other words, think about kinship as a means by which users are encouraged to launch applications and participate.
The following apps are currently running on Google Play: Reveald, Kinguist, Nearby (network), GoChallenge.me (Social Goals), AddMe (Enterprise Network), Find (Travel Networks), Vent (Mental Health ). And Kinny (social transition). Up to now, two applications are available on IOS: Blastchat (Instant Messaging) and Break for (Productivity).
All of these applications have simple ways to earn and spend on their parents, as required by a developer program.
Returning to, more than 200 teams entered the program. Forty of them are finally selected, and finally, 32 have made enough progress in the developer program to submit their apps to Google Play or iOS store. By supporting them, there were development grants that include relatives for kinship recognition to attract potential customers.
The founder of Kika, Ted Livingston, has repeatedly stated that he wants his loved ones to become the most widely used cryptic transaction on the planet, where the netless is easy to win and spend. The theory is that if very small amounts of money can be easily and freely traded online, much more people will spend a lot more money at all.
Kin was initially being created for ether, but since then most of his features have been moved to a series of star blocks because Kik wanted to pay the transaction costs free of charge. In this way, parents can launch a lot of mobile applications at once.
The key element to come
It can be said that all apps have a common goal: to see whether cryptocurrency can improve the traditional use of mobile devices, whether they are application dates or task tracking applications.
For example, BlastChat - the only application this journalist has ever run on the iOS platform (available for Android) - is a social network that is less focused on an increasing number of subscribers than about creating a friendly show. Users can share friends with good publications and win friends to publish them on the main channels that all users can see.
In order to promote participation, BlastChat helps users to start more than 100 parents, allowing them to earn more. But at this time, there are still not enough people to use it to quickly give as many as 100 parents at a rate of one parent per person.
But there is a huge update waiting for all of these apps: Moments cannot be discarded or withdrawn at this moment.
"The application must state the address of the cashier's account. We need to figure out how to make the simplest and most user-friendly way possible, "Laub said.
Kin's developers work on it. Once they find a solution that works for them, they will then contact the mobile app teams and recommend their adoption.
Additionally, a family-run application hired what we could call an atypical way compared to other decentralized applications currently in the market, most of which require users to sign up with their portfolio. So far, Kin's applications cancel this approach, each application generating a new portfolio for each user.
Laub said Kin Ecosystem tried not to be normative - but he had some thoughts on things. For example, the KDP team encourages apps to avoid purchasing through an app instead of personal exchange, but many teams want them to participate.
This can explain why only five applications run iOS running. Apple did not want to buy crypto.
Also, starters need a stream of revenue to progress. Kin is designed to directly secure daily payments for the Kin Rewards Engine (KRE). Every day, KRE paid every family application based on the proportion of day-to-day economic activity.
In this way, developers did not have to obtain cryptocurrency from users directly - but the KRE is not yet operational.
For example, a recent parent team has replaced the KRE approach and still is not clear when Kin Rewards will be in service.
"Probably, in the next quarter or months, we will have more specific information on the exact launch time," Laub said.