Kik will donate $ 3 million to developers who integrate their cryptocurrency into their applications

The Kin Ecosystem Foundation recently announced that it planned to grant up to $ 3 million for its native Kin cryptocurrency. According to the announcement, these funds would be distributed to a maximum of 25 developers who are currently working on new apps and games for Kik, Canada's largest courier company, to help develop a growing business. independent economic framework around The Kik Platform

Throughout the next semester, the foundation plans to provide selected developers with all the tools necessary to "create unique experiences", in addition to developing a mentorship program to contribute to development of the cryptocurrency network. from Kik.

It should be noted that the renowned courier company would have raised up to $ 100 million during its ICO in September of last year. Similarly, the company would make great efforts to encourage the community to use its cryptocurrency by announcing partnerships with large companies like Unity Technologies and by providing its development software to developers of applications and games so that They offer Kin tokens on their respective platforms.

According to the company, this cryptocurrency aims to facilitate the creation of a digitalized ecosystem of digital services for everyday use. In addition, its main advantage would be its ability to integrate into mobile application and gaming platforms.

The company also announced that it would approve up to 25 applications for participation in its program until August 15th. After approval, developers will have until October 2 to create and launch an application based on the Kin SDK, in addition to adding new features that could be integrated into the same SDK. In addition, they would be required to "find ways by which users can earn and spend Kin".