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This New Kik Development Will Send Kin (KIN) Through The Roof

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The Kin Foundation, the creator of Kik Messenger and the Kin (KIN) cryptocurrency, is enticing developers to join in their plight for KIN centered digital economies through a Kin Developer Program that has a backing of $3 Million. These funds will be set aside to support 25 developers – or teams of developers – to create and maintain independent ‘Kin Economies’ over a six month period.

The Kin Foundation is looking for consumer apps that put Kin (KIN) at the center of the user experience as well as solving real-life problems for the customers. All a developer has to do is apply through the Kin Ecosystem website. Once accepted into the program, Developers stand to get grants of up to $60,000 and 400M in KIN as well as the necessary resources required to develop an application all the way to launching it and making it successful.

So how will this send the value of KIN through the roof?

As mentioned, the grants will be in the form of Kin (KIN). This means that the developers who are chosen for the program will have KIN to finance their developer efforts. This will include financing research, marketing, P.R and creating a ‘buzz’ around their projects. As a result, there will be more publicity for KIN which is currently valued at $0.00013 at the moment of writing this. This might look like a low value, but this fact allows KIN to be suited for microtransactions.

This then brings us to the second reason how the developer program will send Kin (KIN) through the roof. With these 25 KIN based mobile apps, comes the users who will want to try them out. They will have to use KIN in the apps. Therefore, there will be an increase in the demand for KIN in the next six months as consumers anticipate these new apps. An increase in demand with a constant supply of KIN means that the price of the coin will surely go up.

One needs only look at the past performance of KIN in the markets, to see its peak value of $0.0015 back in early January when the crypto-markets were in full throttle. This new developer program and the 25 apps that will come as a result, will guarantee KIN gets back to its winning ways.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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