Kin Foundation Announces $3 Million Developer Program
The Kin Foundation, which oversees the Kin cryptocurrency developed by Kik Interactive, recently launched a $3 million Kin Developer Program to fund developers building consumer apps centered around Kin.
We’re excited to announce the launch of the Kin Developer Program! Learn how you can be one of up to 25 developers to receive grants for creating consumer apps with Kin: https://t.co/PfIYYzdAJq pic.twitter.com/ESmbJ3JuON
— Kin Ecosystem (@Kin_Ecosystem) July 11, 2018
According to the announcement, the Kin Foundation plans to support 25 developers with up to $60,000 USD and 400 million Kin over a 6-month period. In addition to mentorship and funding, the developers will be given full access to the Kin Ecosystem SDK.
In order to be eligible for the program, developers must implement at least one custom peer to peer or spending opportunity.
This news comes just one month after the Kin Foundation announced the recently launched the Kin Marketplace Beta test phase for the popular chat app. According to the announcement, a group of approximately 1,000 beta testers can now earn Kin by completing tasks like tutorials, quizzes, and polls.
Kik stands as the first mainstream application that has integrated cryptocurrency into its core platform.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.