Kik commits $3 million to developer program for its Kin cryptocurrency

The Kin Ecosystem Foundation wants to foster more usage of and innovation around its cryptocurrency, and thus will give up to 25 developers a total of about $3 million in the currency to develop new apps or games.

The program will help developers create their own Kin economies over the next six months. The foundation will give developers the necessary tools for creating Kin-powered experiences, and it will also offer mentorship as the developers progress through the three-phase program.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.