The Kin Ecosystem was initiated by the Canadian social media company Kik Interactive in 2017. To manage the project, the non-profit Kin Foundation was established. Its mission was to create a cryptocurrency, Kin, that could be easily integrated into consumer apps, allowing developers to build crypto-based experiences and reward users for their engagement. Following a $100 million Initial Coin Offering (ICO), the foundation focused on fostering adoption through developer grants and SDKs. After a legal settlement with the U.S. SEC and a migration to the Solana blockchain, the Kin Foundation announced in late 2022 that it would be shutting down, having achieved its goal of creating a self-sustaining, decentralized ecosystem now managed by the Kin community.

Founded in

Israel