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Топ-16 кошельков для токенов ERC-20

Учитывая, насколько сегодня популярны токены ERC-20 — а их насчитывается более 140 000, ваш кошелек непременно должен быть совместим с этим стандартом. Вот лучшие варианты для хранения токенов ERC-20.

1. imToken Wallet

imToken 2.0 — бесплатный мобильный кошелек с широкой совместимостью. Кроме того, это также самый распространенный Ethereum-кошелек — у него 6 млн пользователей, отвечающих за 10% объема Ethereum-транзакций.

2. Ledger Nano S

Ledger Nano S — платный аппаратный кошелек. Портативное USB-устройство поддерживает широкий диапазон валют, включая токены ERC-20. В настоящее время этот кошелек — один из самых популярных на рынке.

3. MyEtherWallet

MyEtherWallet — один из самых популярных веб-кошельков для монет и токенов, совместимых с Ethereum. Секретные ключи хранятся на вашем компьютере. Также MyEtherWallet может читать и писать смарт-контракты, а значит, это хороший компаньон для аппаратных кошельков, в том числе для KeepKey и Ledger Nano S.

4. MetaMask

Кошелек MetaMask стал популярен благодаря своей простоте. Он реализован в виде расширения браузера (его можно установить, к примеру, на Chrome или Brave).

5. Mist

Mist — официальный кошелек сети Ethereum. Он разработан командой проекта в качестве хранилища для токенов ERC-20, и это один из самых безопасных кошельков для компьютера.

6. Trezor

Для серьезных инвесторов аппаратный кошелек Trezor — безусловный лидер с точки зрения безопасности и простоты использования. Это USB-устройство с сенсорным экраном, способное хранить любой токен ERC-20, а также другие криптовалюты.

7. Jaxx

Благодаря совместимости с несколькими блокчейнами, Jaxx — один из самых популярных мобильных и компьютерных кошельков. Кроме того, у него очень доступный и простой интерфейс.

8. KeepKey

KeepKey — еще один аппаратный USB-кошелек, в котором можно хранить как эфир, так и несколько других альткоинов. Особенность кошелька в его способности генерировать ключи любой длины.

9. Parity

Parity Wallet — важнейший кошелек в инфраструктуре биткоина. Здесь есть и интеграция с браузером Ethereum GUI, позволяющим получать доступ к децентрализованным приложением, и полноценный узел сети. Кошелек доступен на нескольких платформах.

10. Exodus

Этот компьютерный криптокошелек — хороший выбор для новичка. У него отличный интерфейс и нет миллиона настроек.

11. Ethaddress

Один из наиболее оригинальных кошельков в этом списке — он фактически печатает публичные и личные ключи на бумаге. Это дешевая возможность реализовать холодное хранение.

12. Guarda

Guarda — мобильный кошелек для Android, что упрощает процесс хранения и обмена токенами, поскольку регистрации и сложной процедуры проверки здесь нет.

13. Trust Wallet

Trust Wallet — это кошелек для токенов ERC-20 с открытым исходным кодом, что дает пользователю возможность изменить его по своему желанию. Также благодаря встроенному браузеру пользователи могут работать с децентрализованными приложениями прямо из кошелька.

14. Bread Wallet

Этот кошелек хранит секретные ключи на устройстве и предлагает широкий набор вариантов их восстановления. Мобильный кошелек поддерживает многие ведущие криптовалюты, в также токены ERC-20.

15. Coinomi

Хотя сильная сторона этого кошелька — работа с интеграцией различных блокчейнов, он также отлично справляется с токенами ERC-20. Это мобильный кошелек, доступный на Android и iOS.

16. Eidoo

Это не очень популярный, но вполне жизнеспособный и весьма интересный кошелек. Работает на Android, поддерживает Ethereum, биткоин и все токены ERC-20 и ERC-223.
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Ledger Nano S теперь совместим с приложением Monero GUI версии 0.13.

Французская компания Ledger, занимающаяся производством аппаратных кошельков для хранения криптовалют, сегодня сообщила о том, что её устройства модели Nano S теперь совместимы с Monero GUI 0.13.

We are thrilled to welcome another top crypto asset to the Ledger platform with @monero . The Ledger Nano S is now compatible with the latest version of the Monero GUI wallet.
Start securing your Monero with a Ledger Nano S!
Read more here: https://t.co/bXSURUydVO#crypto #XMR pic.twitter.com/VhQMg4XKnT
— Ledger (@LedgerHQ) November 29, 2018

«Мы рады поприветствовать ещё одну криптовалюту из первой десятки на платформе Ledger, – заявил CEO Ledger Эрик Ларшвек. – С последним расширением устройства Ledger теперь охватывают 90% всей капитализации криптовалютного рынка. Мы продолжим реализовывать поддержку новых криптовалютных активов в будущем, как через собственные разработки, так и в рамках “Крипто-вторников”, ежемесячного релиза приложений, созданных нашим великолепным сообществом».
Пользователи Ledger Nano S уже могут установить приложение для работы с Monero через Ledger Live.
В конце октября стало известно о намерении Ledger расширить поддержку стейблкоинов в своих устройствах.
В рамках “Крипто-вторника” в начале этого месяца устройства Ledger получили поддержку Lisk, Factom, MIX Blockchain, Musicoin, GameCredits и EtherGem.
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‘First’ Collectible on Two Blockchains: ‘The Cutest Crypto Game’ Now Available on EOS

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Blockchain Cuties, a decentralized crypto collectible game operating on the Ethereum (ETH) blockchain, has announced that it is now available on EOS. The developer company says the new step makes Blockchain Cuties “the first game which officially supports two blockchains simultaneously.” This is supposed to make transactions faster and the players can now breed both ETH and EOS-based cuties.
Non-fungible tokens support
The game announced that from now, players can log in to the game using their EOS Wallet and start breeding their first EOS cuties. Blockchain Cuties says importing the private key will take less than a minute – after entering the system the private key will be secured by storing locally. In order to start the game, the players should allocate CPU/Bandwidth and RAM – the resources that users have in the EOS blockchain. The company says that the amount of staked tokens can be “unstaked” at any time.
One of the main reasons why Blockchain Cuties decided to implement the EOS blockchain into the game was the non-fungible tokens support that the platform provides. “There are not many blockchain platforms that support such digital assets,” the company says. All the crypto collectibles, or Cuties, are non-fungible tokens that are unique and have cryptocurrency value. These tokens are represented as pets and cute animals that players can buy and sell to each other, or trade on the in-game marketplace. The players can also breed their own fantasy creature by adding mutations which makes their Cutie more expensive.
“Record-breaking” scalability feat
The company says another reason for the cooperation with EOS’ blockchain was its transaction speed, mass adoption and “record-breaking” scalability feat which could solve the scalability issues.
EOS is one of the first cryptocurrencies that implemented the Delegated Proof-of-Stake consensus mechanism. The company hopes that this technology will allow the platform to enhance scalability up to “millions of transactions per second.”
Cuties as a trend
Blockchain Cuties was officially released in April 2018. It became a part of the decentralized crypto games trend started with the launch of CryptoPunks, the first blockchain game ever made, in June 2017. The developers offered to the players to collect, bid and sell digital punks. A few months later, in November 2017, CryptoKitties took over by creating their own market and valuable assets — crypto cats. The developers invented a pioneering approach — making Ethereum networking lag. As the result, CryptoKitties broke the record of a million unique virtual kitties which players bred. The most expensive asset was sold for more than 600 ETH, or about $170,000.
Blockchain Cuties became part of the next collectible games’ boom. They expanded the breeding feature from the kitties to other animals including lizards, puppies, bears, and fantastic creatures. Each non-fungible token has its unique genome that players decode, and each unique feature increases the price of the token.
Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Multi-blockchain Battler: Crypto Game Allows Warriors To Get Equipped From Two Platforms

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Crypto game developer 0xGames, creator of blockchain-based space strategy 0xUniverse has created a new multi-blockchain competitive battler, titled 0xWarriors. The company says that 0xWarriors is one of the first multi-blockchain based games where players can use different blockchains, starting with EOS and Ethereum, for interactions with each other and equipping their characters.
EOS sword and ETH shield
0xWarriors is a multiplayer game where users can fight, take part in weekly tournaments and equip themselves with different items that they collect or trade in an internal marketplace. 0xGames announced that 0xWarriors will be launched on the EOS platform first, and the Ethereum blockchain platform will be connected to the game in upcoming months. According to the game developer, this will make 0xWarriors one of the first multi blockchain-based games on the market.
0xGames says that normally multi-blockchain games have a divided player base and users can’t really interact between each other within the game or exchange assets between blockchains. “0xWarriors has a true approach to multi-blockchain,” the company said. That means that users can obtain different items for their warriors from different blockchains. For example, they can possess an EOS sword and an ETH shield. 0xGames promises that it won’t matter on which blockchain the tokens are located – players will be able to use all digital assets at any time.
0xGames believes that the combination of the two ecosystems will unite two different audiences into one game world where the players can trade playable items. They announced that there are five warriors in one squad, and each user can have up to 10 squads. The warriors are free but the equipment needs to be won or purchased. Using these items, players can uniquely style their characters and each item also has unique attributes that enhance performance in battle.
Live public tournaments and free chests
0xGames plans to keep the player base active and entertained by organizing private and public multiplayer tournaments. Those tournaments will be live-streamed on platforms like Twitch or blockchain alternatives. The final three participants will get special bonuses, a percentage of the revenue collected from the event and free chests with items. Armors, items, and warriors differ by a variety of parameters. For example, items have four different levels of rarity: common, rare, epic and legendary. There are eight types of armors, including light, heavy, one and two-handed weapons, bows, wands, and shields. Warriors are sorted by strength, damage, resistance, intelligence, and dexterity. If the player’s squad wins the battle, the player can get attribute points, which are used for improving individual parameters of their warriors.
0xGames has promised to release the detailed roadmap of the project after the presale is completed. Currently, users can buy chests that include three random items like light, heavy or one-handed weapon or bows, wands, and shields.
0xWarriors has partnered with Asia-based companies such as Meet.One, an crypto wallet and block producer, and TokenPocket, a crypto wallet, to help grow the user base after the game increased in popularity since its’ launch. A presale of the company’s tokens is currently open.

About the game developer
The 0xGames’s team started to work together in November 2017. Their first product was 0xUniverse, a game powered by the Ethereum blockchain, where players can colonize planets in a 3D-rendered galaxy. After successfully launching 0xUniverse, the company announced new games 0xBattleships and 0xWarriors.
Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Wings Mobile: Launch of the first Smartphone that Mines Ethereum

Click here to view original web page at www.abc-7.com“Antonio Milio CEO & Co-Founder of Wings Mobile Daniele Bianchini Chairman & Co-Founder of Wings Mobile.”
“Wings Mobile”, a Spanish virtual mobile operator and manufacturer of innovative smartphones incorporating proprietary technology to guarantee security and privacy, along with “Neobit”, which is a technological startup specialized in protocols and new cryptographic extraction technologies based on blockchain, significantly united in a Joint Technological Venture, acknowledged across the world through ICO BITWINGS; proudly the first ever phone that allows to produce up to 2 Ethereum per month: the Wings
This new and innovative device grants the Miner up to two Ethereums per month, and, until now is the only mobile terminal that incorporates special software which allows the production of the second most important cryptocurrency in the world.
Wings WX uses POD technology (Proof of Data) which essentially has the potential to mine up to 1,000 Mega Hash, essentially corresponding , for the less technological ones, the vital production of 2 ETH per month. Moreover, the operation is very simple, even for the beginners who step into the world of cryptomining. The WX is connected through a Smart Contract and receives a daily reward according to the mining power that had been previously contracted. Using the DDR (Doppler Data Rate) protocol through an Internet connection and depending on the connection hours, the Ethereums are deposited directly into the customer’s Ethereum wallet. The POD system (Proof of Data) is responsible for generating and creating coins for the user, making it the only system capable of mining by and for the user effortlessly.

Wings has developed a pioneer terminal in the market, designed to meet the needs of the most demanding user. Not only are new users granted the privilege to practise technologies already in use by the Blockchain, but also Wx offers the user all the services offered by the highest-end Smartphone, hence does not only perform cryptocurrency mining. It is manufactured with first quality materials that incorporates the most advanced technology for it. Glass and steel are encarved to give it an elegant and distinguished appearance, while being resistant and durable simultaneously. It also mounts a MediaTek Helio P60 Neuro Pilot 8-core chip that guarantees optimal performance for all your mining functions and special thanks to the latest generation software developed by Wings Mobile, the WX allows you to make completely secure calls, enjoy surfing, chat and in fact everything we can ask a prodigy of technology that is destined to arrive in April 2019 and is predetermined to be the pioneer in a sector that is increasingly widespread in the world of Cryptocurrency and more specifically in Ethereum.

Video Link: http://www.youtube.com/embed/nIuzO804pa8
Its technical characteristics (8 Gb of RAM and 128 of ROM), its autonomy (600 hours in standby and 24 in conversation), its weight (168gr) and the photographic quality comparable to 98 Mpx (through its two cameras of 24 and 16) Mpx and its software developed to achieve such high quality), already guarantee a relevant space in the next Mobile World Congress 2019, to be held in Barcelona (Spain) where Wings mobile will be stationed at Hall 6 presenting all the news of its new Smartphones.

One of the fundamental pillar for Wings Mobile is the security and privacy of its customers and therefore, it integrates the new “Neural Tech” technology that guarantees the possibility of making completely secure encrypted calls, as well as is able to optimize the energy load of the WX in only 45 minutes. This technology immediately recognizes objects and scenes, detects anomalies in the network and also determines the improper use of part of installed applications. The native service “Secure Call 2.0” is able to protect our calls by means of a triple security encryption that makes the VOIP audios that circulate through the Data circuit absolutely impossible to intercept!
The WX makes use of the biometric recognition of the face incorporated in an exclusive technology called “Neural Face ID”, which not only recognizes the legitimate user of the phone, but also allows to simulate the phone menu based on who is using it. To clarify the concept better, if a user is accessing the phone being in the company of another person, the Neural phase ID (of the face) immediately recognizes the presence of the second or third person and, depending on the configuration indicated by the user, shows a menu of different applications according to the configuration established by the user.
Wings WX will be produced in only 40,000 units in limited edition and numbered, with a special price (6,000 BTW) which is exclusive for the participants in the ICO BITWINGS. Projected delivery is in April 2019, and reservations are now available only on the website www.theminephone.com and also at www.bitwings.org.
Even before its launch, the WX has become a must-have for the most experienced ones in the world of Cryptocurrency and this opens a door for those who want to enter the Crypto world and their knowledge is effortlessly modest because the WX does it all for them!
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Santiment to Incorporate New Ethereum Mining Metrics (Pools Analysis)

Click here to view original web page at www.cryptovibes.comPixabay.com / Mining rig
Santiment, a platform that mainly focuses on sharing cryptocurrency insights, accessing data, and learning everything about the crypto markets for smarter investing, recently partnered with cyber•Drop.
The partnership aims at creating customized mining-related metrics functional on the Ethereum network. An accurate, comprehensive overview of the ETH mining ecosystem was necessary to start the development phase of the project.
The analysis of the many intricacies of Ethereum mining pools was done by cyber•Drop developers. They also researched miner transactions, reward distribution, and other closely-related topics.
The findings are important since they will work as foundations for the upcoming mining metrics on Santiment. Here’s some of the most crucial insights.
Ethereum Mining Pools Analysis
The time frame focused for analysis begun with the launch of the ETH network rising to block 6,781,512 that was created on November 27, 2018.
The mining pools received a lifetime cumulative total of 0.4M ETH in transaction fees and 31M ETH in rewards during that period. A total of 4,700 addresses got a mining reward in the entire focused Ethereum lifespan.
Nonetheless, not all mining pools get developed uniformly. Reward inequality exists with the top 3 pools grabbing over 50% of all available mining rewards.
Reward Distribution among ETH Mining Pools. cyber•Drop chart.
Some pools remain largely unchanged for even months after getting established early on into the network launch. It is noteworthy that the mining rewards are the key sources of inflow for the mining pool balances.
But, non-reward transactions to these pools are also significant capping at approximately 4M ETH across the whole network. Most incoming transactions mirror outgoing flows with the cumulative balance of the pools facing a constant decline lately just like the ETH market capitalization.
The combined balance of all mining pools has declined from the 1M ETH peaks at the start of 2016 to just 0.2M ETH currently. Nevertheless, most of these pools control a considerably larger amount of funds in their hot and cold wallets.
The mining pools can further get subdivided into two unique groups based their outgoing transactions’ average value.
Those with less than 10 ETH account for 82% of lifetime mining rewards and a total of 91% in the last year. The pools with more than 100ETH account for 11% of all lifetime mining rewards and a mere 8% in the last year. The recent cyber•Drop focuses on the group with less than 10ETH.
Ethereum Miners Analysis
The miners’ transaction volume remains significantly stable over a long period with an average tx volume ranging from 15K to 20K ETH/day.
ETH Mining Pools: Combined Transactions Value. cyber•Drop chart.
On the other hand, the outgoing transactions feature strong outliers. The maximum outgoing tx volume was recorded as 125K ETH on July 19, 2016. Miner balances are increasing constantly contrary to the mining pools balances.
Their 1M ETH balance amounts to approximately 5% of all lifetime mining rewards. HODLers account for just 2% of all mining rewards but claim up to 40% of their total balance.
The DAO hardfork of July 20, 2016, impacted the cumulative balance of Ethereum miners considerably.
The 2017 Bull Run set up a ‘balance rally’ that has endured until today in spite of the recent downward correction.
New Ethereum mining metrics will get incorporated into the Santiment platform according to many results from previous researches conducted by cyber•Drop.
The new Ethereum mining metrics are expected to join Santiment’s newly-launched ‘ETH Gas Used’ dashboard.

Boost VC Issues Call for Crypto Startups

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Technology startup accelerator Boost VC has announced that it is accepting applications from crypto startups to join Tribe 12, its latest accelerator program cohort. Since 2012, Boost VC has graduated several cohorts with more than 75 crypto-related projects including prominent blockchain projects like Etherscan, Aragon, and MyCrypto.
According to the announcement, which appeared in a Medium post, the company is seeking to invest in blockchain startups that provide solutions for cross chain functionality, front end blockchain solutions, crypto team building and maintenance, and general blockchain scaling.
‘Missing Puzzle Pieces’
Boost VC describes its investment focus for Tribe 12 as an attempt to fill in missing pieces in the blockchain and crypto adoption puzzle from an infrastructure point of view. While investors like Goldman Sachs continue to grab headlines with eye-catching investments in startups focused on crypto custody and trading solutions, Boost VC is taking its investment from a wider perspective, seeking out startups that can build nuts-and-bolts blockchain solutions such as cross-chain navigation interfaces and management solutions for the peculiar challenge of distributed crypto teams.
Applications are welcomed from startups interested in creating decentralised frameworks for commerce, communication and government similar to ConsenSys, but operating on other non-Ethereum blockchains. According to Boost VC, the goal is to explore studio builder models for quick iterations on bringing crypto mainstream. Boost VC is also looking for projects focused on the creation and management of crypto teams, which come with the unique and unprecedented challenge of being almost entirely remote, contractor-heavy instead of employee-based, and having the near-instant liquidity offered by crypto payments, which creates a different incentive model from traditional startups.
In addition, projects that create cross-chain interfaces outside of custody, exchange and wallet solutions are particularly prized for investment. This is because Boost VC sees such projects as essentially land grabs offering the opportunity to build a blockchain interaction utility that can be recreated across the other top 5 – 10 blockchain networks.
The company also says it is looking for the “Coinbase for other blockchains/dapps” as well as a possible solution for legal gambling that takes advantage of differing regulatory environments across jurisdictions. Country-specific custody solutions and security trading solutions are also mentioned.
An excerpt from the announcement reads:
“Regulatory arbitrage plays. We invest globally. Therefore we will look at teams using certain jurisdictions to their advantage. Areas of legal gambling. Custody designed for specific countries. Trading securities.”
Projects working on such solutions are encouraged to apply to Boost VC’s Tribe 12 accelerator batch.
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MetaMask Brings Ethereum Wallet to Mobile as It Releases a Mobile Client

Click here to view original web page at coingape.comMetaMask Brings Ethereum Wallet to Mobile as It Releases a Mobile Client

Cryptocoins envision to be the money of future. Keeping this vision in mind ConsenSys has bought this money of the future to everyone’s pocket as it has launched the mobile client of its popular Ethereum and ERC20 token standard wallet, MetaMask
MetaMask finally arrives on Mobile Client
MetaMask is a non-custodial wallet that provides users with full control over their funds. But, that also means users have to take full responsibility of their private keys and storing them on the cloud or on public platforms can be unsecured.
For years, many MetaMask users have asked for a mobile client of the wallet, as the vast majority of Ethereum users have started to rely on MetaMask as the main ETH and token wallet. For over two years, MetaMask was only available to users in the form of a browser extension on Chrome, Brave, and Firefox and was restricted to mobile users.
At DevCon, a major Ethereum-focused conference held in Prague, Czech Republic hosted by large conglomerates and leading cryptocurrency businesses including EY, Microsoft, ShapeShift, Santander, Blockfolio, and Wanxiang, the MetaMask development team officially released and showcased the MetaMask mobile wallet. Joseph Lubin, the founder and CEO of New York-based ConsenSys, the largest blockchain software firm in the world with over 1,000 developers, shared the product release with the official user interface of MetaMask mobile.
The @metamask_io mobile app was just announced at #Devcon4! Everyone’s favorite #Ethereum browser extension is coming to your phone. The team is focusing on not being ‘just a wallet’, but a portal to the world of all things #blockchain. https://t.co/3bvQXuF8gV pic.twitter.com/vcaIkkzcVS — Joseph Lubin (@ethereumJoseph) October 31, 2018
Since early 2014, cryptocurrency users have favored mobile wallets over web-based wallets due to various security merits and advantages. As Joel Snyder, a senior IT consultant, a contributor to Samsung Insights, explained, the presence of trusted execution environment (TEE) in smartphones allow devices to store data that cannot be reached by hackers.
“This is why smartphones have an edge over laptops and desktops for cryptocurrency wallets: without the benefits of the hardware-based TEE, the keys are more vulnerable. There is a significant caveat: a naïve wallet developer might choose to simply store the keys on the normal internal storage of the phone, in which case there’s little additional protection from using the smartphone platform.”
Like existing platforms like Status, the newly released MetaMask mobile client has additional functionalities. Rather than operating solely as an Ethereum wallet, the mobile client can function as a dApp browser or a “Google Play Store for dApps.”
On MetaMask mobile, users can run various dApps such as CryptoKitties by connecting the wallet to the dApp to seamlessly process information on the Ethereum mainnet.
With MetaMask now available on mobile, ETH users will not require any other wallet to use their Ethereum’s anytime and anywhere.
Will MetaMask’s mobile client improve adoption of Ethereum as everyday currency? DO let us know your views on the same.
Cryptocoins envision to be the money of future. Keeping this vision in mind ConsenSys has bought this […]
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Apps for Kik’s Crypto Are Beginning to Appear on Apple and Google Stores

Click here to view original web page at www.coindesk.comThe number of mobile apps built around kin – the cryptocurrency created and launched by mobile messaging app Kik – is growing.
As of this writing, ten are already out, and more will become available as the Google Play and iOS stores move to approve them. All told, more than thirty apps are expected to debut in the coming weeks.
A quick summary: kin was created by the Canadian messaging app company Kik. To help bootstrap the project, Kik raised $98 million in one of 2017’s biggest initial coin offerings (ICOs). And this summer, it announced it would support teams that are building apps that are designed to enable users to use – and earn – its token.
"We’re trying to build an ecosystem where you can earn kin in one application and spend it in another," Ayelet Laub, a product manager working on the Kin Ecosystem told CoinDesk.
Lots of the apps coming out fall in the classic categories with which mobile users will be most familiar. And while this offers the advantage of familiarity, it carries the disadvantage of having to compete in a market crowded by big incumbents.
Fortunately, these apps don’t have to compete solely on cool factor and user experience like most do, as the new kin-enabled apps pay users directly for their participation. Put another way, think of kin as the means by which users are incentivized to fire up the apps and participate.
The following apps are currently live on Google Play: Reveald (dating), Kinguist (language learning), Nearby (networking), GoChallenge.me (social goals), AddMe (business networking), Find (travel networking), Vent (mental health) and Kinny (social tipping). Two apps are available so far on iOS so far: Blastchat (instant messaging) and Pause For (productivity).
All of these apps have straightforward ways to earn and spend kin, as required by the developer program.
Stepping back, more than 200 teams applied to join the program. Forty were ultimately chosen, and in the end, 32 made it far enough in the developer program to submit their apps to either the Google Play or iOS stores. Supporting them were development grants that included kin allocations to be used to attract would-be users.
Ted Livingston, Kik’s founder, has repeatedly said he wants kin to become the most used cryptocurrency on earth where it’s easy for internet users to both earn it and spend it. The theory here is that if very small amounts of money can be traded easily and freely online, many more people will spend much more money overall.
Kin was originally created for ethereum, but it has since ported most of its functionality over to a fork of the Stellar blockchain, because Kik wanted to be able to process loads of transactions for free. That way, kin could run in lots and lots of mobile apps at once.
A key component to come
All of the apps can be said to aim at a common goal: to see if cryptocurrencies can improve traditional mobile uses cases, whether it’s a dating or task-tracking apps.
For example, BlastChat – the only app this reporter has thus far tested on the iOS platform (it’s also available for Android) – is a social network that’s less about accruing followers and more about making user-friendly broadcasts. Users can give one another kin for good posts, as well as earn kin for posting to the main channels that all users can see.
To promote participation, BlastChat hands users a little over 100 kin to start, setting them up to earn more. But at this stage, there aren’t enough people using it yet to quickly give even 100 kin away at 1 kin per tip.
But there’s a big update waiting to be made for all of these apps: it’s currently not possible to deposit or withdraw kin.
"The app needs to reveal the user’s public wallet address. We need to figure out how to do it in the easiest way and most user-friendly way," Laub said.
Kin’s developers are working on that. Once they have a solution they believe works, they’ll then approach the mobile app teams and recommend its adoption.
What’s more, the apps being built around kin have taken what could be called an atypical path compared to other decentralized apps seen on the market today, wherein most ask users to connect with their own wallets. So far, kin apps seem to be turning that approach on its head, with each app generating a fresh wallet for each user.
Laub said that Kin Ecosystem has tried not to be prescriptive – but it does have opinions on some points. For example, the KDP team encouraged apps to avoid in-app purchases in favor of person-to-person exchanges, but many of the teams participating want them.
This may explain why only five of the apps are leading with iOS launches. Apple has not been supportive of buying crypto.
What’s more, startups need a revenue stream in order to thrive. Kin itself was built to provide that directly with daily payouts from the Kin Rewards Engine (KRE). Each day, the KRE would pay every kin-powered app based on its proportion of the day’s economic activity.
That way, developers didn’t need to directly earn crypto from users – but the KRE is not live yet.
So, the recent grants of kin to teams came in lieu of access to the KRE, and it’s still not clear when the Kin Rewards Engine will go live.
"Probably in the next quarter or next months we’ll have a more concrete update as to when exactly it will be launched," Laub explained.
Multiple mobile devices photo via Shuttertock
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