Kevin

Kevin is a financial services app and card connected with a digital currency called Kevin tokens, or KVT. Find out how kevin plans to disrupt the banking industry today in our review.

What is Kevin?

Overall, Kevin promises to provide “banking on your terms”. You access the ecosystem through a mobile app for Android or iOS. You can also order a card that lets you interact with traditional merchants. Plus, kevin is planning to launch a network of ATMS.

Overall, the kevin ecosystem lets you access your fiat currency accounts, cryptocurrency accounts, and more from a single app or card. You can choose which account you’re spending from. You can spend money from your traditional bank accounts. You can transfer money between accounts or currencies.

What is the Kevin Token?

The Kevin token, or KVT, allows you to spend Kevin tokens on purchases with your Kevin card. You can also spend Kevin tokens on purchases within the Kevin ecosystem.

Every KVT token holder can participate in the ecosystem’s bonus program, receive benefits from the platform, then use those bonuses and benefits to purchase things with the Kevin card.

The Kevin token sale is underway throughout the end of 2017. It started at the beginning of October.

What Problems Does Kevin Seek to Solve?

Kevin aims to accomplish all of the following goals:

  • Make bank account management easier by linking all accounts to user-friendly mobile apps
  • Facilitating public access to crypto payments by associating crypto wallets with the Kevin app and Kevin card
  • Allowing clients to spend ERC20 tokens using online payment methods or the Kevin card
  • Provide customers with better service than traditional banks by partnering with banks and financial institutions and opening a network of ATMs
  • Support merchants by providing them with an API allowing them to accept cryptocurrency payments

How Does Kevin Work?

There are four core parts of the Kevin ecosystem, including all of the following:

App:

The Kevin app promises to conveniently keep all of your financial accounts in one place – no matter what bank you use or what currency you own. You can use the app to top up your Kevin card. It can store bitcoin and function like a digital wallet. You can convert currencies within the app, and you can link Kevin to all your accounts. There’s also complete banking functionality within the app. You can transfer money to contacts, for example. You can also track your expenses, group expenses into categories, set spending rules for your cards, and view a map of local ATMs. Basically, it’s a full-featured app designed to connect your crypto and fiat accounts in a more accessible way.

Card:

Your Kevin card is linked to your aggregated accounts. There’s no need to prepay. You just set the priority for the aggregate account you wish to withdraw your funds from first. Whatever account you choose – bank accounts, bitcoin wallets, or another cryptocurrency account – your funds will be taken from the account you’ve prioritized during the card payment transaction. Money will be converted into the local currency based on the current online exchange rate.

ATM:

Kevin’s developers are launching their own ATM network. By the year 2022, they plan to launch more than 2,100 ATMs across Europe. ATM users will be able to cash money in or out of their accounts using ATMs. There are no cash withdrawal fees, and the process is completely free of charge. Kevin claims no card will be needed because the QR code generated by Kevin can be scanned directly at the ATM. So whether you have the card or you’re just using the mobile app, you can access the Kevin ecosystem. ATMs also allow you to buy cryptocurrencies and tokens using cash at ATMs.

SDK:

The Kevin platform has an SDK that allows banks and other financial institutions to create new, unique products available to customers.

API:

Merchants and banks can connect to the Kevin system using the API, allowing them to connect with different service providers and vendors. Kevin believes merchants and banks will use these APIs to build things like loyalty programs. With Kevin, anyone can build a loyalty program with just a few clicks.

KVT Tokens:

The Kevin ecosystem revolves around the use of Kevin tokens. Every KVT token holder can participate in the KVT bonus system, or use KVT tokens to purchase products and services from the KVT ecosystem.

The kevin Token Sale

kevin.’s token sale began in October 2017 and concludes in December 2017. There’s a total of 240 million tokens available through the crowdsale, with an additional 10 million distributed for early investors during the closed pre-crowdsale phase.

Bonuses of up to 35% were available during the token sale.

Unlike other token sales, the Kevin token sale doesn’t allocate any tokens to its advisors or members as bonus payouts. Instead, the company is devoting all funds solely to development and marketing of the platform. They plan to spend $15 million USD on development over the next two years, with the rest of the money being spent on opening offices in other countries and marketing.

Who’s Behind Kevin?

Kevin is led by CEO and Founder Pavel Sokolovas, COO and Co-Founder Tadas Tamošiūnas, CBDO and Co-Founder Sergei Kolodiy, and CTO Erik Obuchovič.

Research for the company began in Q4 2015, with concept design and development taking place throughout 2016 and 2017.

Sokolovas has worked as a Commercial Director for several successful international companies. For five years, he has worked in an enterprise providing business solutions for banks. He has been involved exclusively with Kevin for the past two years, since the company was founded. Overall, the team has a background in traditional financial institutions and banks.

The official name of the company is “kevin.”, and it’s always written lowercase with a period at the end.

Kevin Conclusion

Kevin aims to offer a better alternative to traditional banking systems. Using a mobile app and a card, Kevin allows users to spend fiat currencies, bitcoin, and altcoins from a single ecosystem. You can manage multiple accounts and wallets from within a single app. You can choose which account to spend from. You can use your Kevin app or wallet at a wide range of merchants, or access Kevin ATMs. Over 2,000 ATMs are scheduled to launch before 2022.

Obviously, Kevin has ambitious goals for the future. You can learn more about Kevin today by visiting the company online at GetKevin.io.

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