On 1st November we launched our unique Kin token which is hosted on the Partisia Blockchain. This was not a big media event, there was no fanfare, we just made the token sale link live on this website. We are a user and supporter community and our news propagates through our growing network without the need for heavy marketing, that is the power of us.
In this initial launch we are releasing up to 5 million tokens for supporters to purchase at a price of just 0.01 GBP (representing a 44% discount). The purpose of this launch is primarily to test out the token sale and distribution mechanism and iron out any issues before we launch a pre-sale event next year with the release of a further 95 million tokens. The small raise from the launch also provides some of the funds to properly market the larger token pre-sales next year. The tokens will be issued into supporters Partisia Wallets from 1st December.
The roadmap for the platform and token sales can be seen above and our white paper provides a lot more details about the platform development and the ‘tokenomics’ model
The Kin white paper has been published and describes the unique search engines ad-free, community-based, web3 business model and the ecosystem 'tokenomics'.