Kin Ready to Accommodate up to 100 New Participants for its Kin Blockchain Developer Program
Kin Foundation has announced an initiative called the Kin Developer Program that will reward select developers for launching features in consumer apps powered by Kin.
According to a press release, the company is ready to accommodate up to 100 developers, who will have a chance to integrate kin using its Kin SDK, its new software development kit. The new Kin SDK was designed based on participant’s feedback and now looks to offer developers more control when interacting with the Kin Blockchain.
Speaking about the developer program, developer experience’s product manager at Kin Foundation, Ayelet Laub, said that:
“Our first Kin Developer Program was highly successful, but we want to make it easier for apps in the second round to go live and meet the program's milestones….We've heard and listened to participants in the first program to further set developers up for success, and reap the benefits of integrating Kin, while helping Kin become the most used cryptocurrency in the world.”
Submissions For Kin Developer Program To Open On Jan 17
According to the press release, applications to the Kin Developer Program will open on January 17, with all developers expected to submit their applications by March 26. Developers will have to submit creative ideas that allow users to spend and earn kin, or foster peer-to-peer engagement.
Once approved, developers will be allowed to start integrating the Kin SDK in order to unlock retention models and new engagement.
Kin Foundation has promised attractive rewards for developers who will present good work. The company has offered an early bird bonus of a cool $5000 for the first 40 apps that will be completed and go live.
For meeting milestones and fully completing their app, developers will now get the main reward of 400 million KIN. The press release explained that:
“An early bird bonus of up to $5,000 USD will be awarded to the first 40 apps to go live. Once the app is available, developers can receive up to 400 million KIN for meeting milestones, based on monthly active spend milestones, that can either be used to refuel their in-app Kin economies or support the continued viability of the developer business model.”
New Kin Developer Program Based On The First Launched In July 2018
The New Kin Developer Program has been designed based on the first one that was released in July 2018.
The initial program currently boasts 29 out of 33 apps, which has seen over 40,000 users come to Kin Ecosystem to generate over 3 million transactions in the last 30 days alone.