November 14, 2019 —

The Kin Ecosystem has reached a major milestone as over 1 million users have spent Kin across more than 80 apps, reaffirming Kin as the most used cryptocurrency in the world by mainstream consumers [1][2][3].

Kin is designed to offer a better way to generate revenue from software, based on compelling interactive experiences and user engagement, not extracting user data or charging exorbitant fees. This also allows developers of all sizes to band together to create value around a shared virtual currency, as opposed to feeding into big data monopolies at the cost of user-privacy and trust.

Despite numerous challenges, the Kin Ecosystem continues to grow, with about 14 million users holding Kin and over 1 million having spent it in the last month. Note that this only includes peer-to-peer and consumer-to-business transactions within live consumer apps, which means it does not account for speculative trading, only earning and spending within the Kin Ecosystem. Here are some quick facts about the Kin Ecosystem as it stands today:

Kin is live in over 80 consumer apps, with over 1,000,000 monthly active spenders.

When excluding speculative trading and gambling, Kin has the highest transaction count of any cryptocurrency in the world, by far [1][2][3].

Developers are already generating revenue from the Kin Rewards Engine based on their user engagement [4].

You can follow along with the growth of spending and earning in the Kin Ecosystem at https://www.kin.org/stats.