Cryptocurrency App Kinit Is Run In The iOS App Store

The Kin Foundation, which controls the KIN cryptocurrency developed by Kik Interactive, announced this week that its Kinit application, which encourages Kin users to perform daily activities such as polls, quizzes and interactive videos, is now available in the iOS app store.

According to the announcement, the launch of iOS began after Kinit recorded more than 15,000 Android downloads in just a month. The application is ultimately designed to introduce KIN cryptocurrency for ordinary users, which will allow them to convert the earned digital currencies into gift cards from large retailers, including Amazon, AMC Theaters and Google Play.

While the application is still in its initial state, several large brands including the brand of energy drink Red Bull have already become its users.

The news came a few days after it was reported that Kin’s blockchain recently surpassed the daily active users of all decentralized applications (DApps) on the Ethereum (ETH) blockchain. According to Kin, nthere were 8,364 active users compared to 7,700 active users on all Ethereum (ETH) blockchain DApps.

Currently, KIN takes 72nd place in the index AltDex 100 (ALT100), the basic index for cryptocurrencies and tokens with a large capitalization.