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Tapatalk will reward its 300 million users with Kin CryptCurrency

tapatalk kin cryptocurrency

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Tapatalk, the application for mobile forums with an aggregate user base of 300 million, has signed an agreement with the Kin Foundation to reward its users with cryptocurrency for the publication of quality content on the platform.

Announced Wednesday, the partnership will see Tapatalk, whose platform hosts 200,000 forums based in 186 countries, which seek to create engagement by rewarding users with Kin token for creating useful content.

"The integration of Kin Tapatalk marks a noteworthy development in our expansion to reach new users and cultivate further involvement in the wider forum community," said Tapatalk CEO Winter Wong. "Kin's mechanics will definitely benefit existing forum users, while bringing new users into the fold of lively and active online discussion communities."

Tapatalk will also provide users with the ability to tip each other using their Kin budgets, similar to the variety of third-party cryptocurrency tipping apps that are popular on Twitter and Reddit.

"People contribute to online communities on a daily basis, but there is no easy way to reward other users for their contribution to the discussion," said Dany Fishel, President of Kin. "We believe Tapatalk will be a strong example of how Kin easily facilitates peer-to-peer transactions in apps once users begin to reward one another for creating meaningful and engaging content."

In June, Kin announced that the IMVU avatar-based social network would allow users to earn Kin on the platform, even if this partnership has not yet reached the implementation phase.

Kin, created by the Kik chat app and initially funded with an initial $ 97 million (ICO) offering, has undergone several development changes since its sale of tokens last year. More recently, developers have announced that the cryptocurrency would exist on a single independent blockchain built on a fork of the Stellar code base. Currently, Kin works as an ERC-20 token on the Ethereum network, and developers had previously planned to build bidirectional support for cryptocurrency on the Kin and Ethereum blockchains.

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