Quote from: cryptomaniac_xxx on Today at 06:21:50 AM

Quote from: bulala on July 09, 2020, 09:00:13 AM

as i go through the website ans trying some of the apps...i really feel kin has a potential of making it to the top rated blockchain that will help grow the entire ecosystem

If I'm not mistaken, they are really doing that good prior the the SEC case, right OP? It's just it was really derailed that some of the investors exited because they are afraid that they are going to lose the case anyways. But it was really has the potential and I remember that there was a lot of hype on this project in the beginning.

There was definitely a lot of hype around the project in the beginning. Mainly because it was the first unicorn company ($1B valuation) getting into the space and creating a cryptocurrency. One of the main points surrounding the project was that it would be integrating Kin into the Kik chat app which has 300 million users. It alone would essentially make Kin the most used cryptocurrency in the wold. Now add more and more apps of smaller, equal, and larger size, and you can see why this is a big step for crypto in general.

Unfortunately the SEC did derail that early on with the lawsuit. Development continued, but was pretty restrictive. Some larger apps decided to wait on the sidelines or pass as they were afraid that KIN might be a security and didn't want to get involved. Exchanges also stayed away for similar reasons.

Around that time we were maybe pushing 100,000 Monthly Active Spenders which was a great achievement. Since then the ecosystem has grown to over 3,000,000 Monthly Active Spenders and even touched 4M a couple months ago. As of right now, I'm only expecting this value to climb as more applications join ecosystem and as current application refine their KIN integrations. KIN today is actually the most used cryptocurrency by mainstream consumers. No other crytpo has millions of mainstream consumers user their currency. I'm not sure many in the crypto space are even aware of this.

The price in my mind was extremely suppressed by the news, investors scared away, and lack of exchanges. Regardless all the other metrics (non price related) have been climbing. More and more pressure is being put on the markets by natural demand with recent progress like Kin Ads. Even with the SEC cloud. If that cloud is removed, I think we should see a large change in sentiment. From apps, users, investors, and exchanges across the board.

What is interesting is it's already happening to some extent. Even with the case in the final stages and not officially over, Bithumb Global just added KIN a couple days ago. Apps are expanding their KIN offerings and there's just a lot of new things going on all of a sudden.