The popular chat app Kik has announced admin tipping, a new feature that allows users to send the cryptocurrency Kin to other users in the app.
Through this peer-to-peer experience, users participating in public group chats can reward group administrators for facilitating positive and meaningful user interactions inside the app, thereby keeping groups productive, engaging, and safe. Building off its first crypto-enabled feature, chat themes, Kik continues establishing Kin as a key element of its emerging social economy.
Kik continues to help drive the mainstream adoption of Kin. Nearly half of Kin’s 10,000 peak daily active spend transactions are attributed back to Kik users. Through the addition of admin tipping, both Kik and Kin anticipate this number will increase as the integration scales.
Kik’s integration of Kin started with a simple experience, allowing the team to gauge the user response to cryptocurrency, and iterate on these insights. The introduction of this new peer-to-peer experience is a huge step forward in shaping Kik into the lighthouse example for new and existing participants in the Kin Ecosystem, and propelling Kin toward becoming the most used cryptocurrency in the world.Ted Livingston, founder of Kik
Just six months after launching chat themes, Kik recently expanded the feature to 100 percent of its Android users. Following this same model, Kik will release admin tipping to a sample set of public groups, and its availability to all users will scale over time. Additionally, the product development teams at Kin and the product development teams at Kik will continue working together to ideate and build Kin-powered features that expand the app’s social economy.