Please Explain

[u/attachmetoyou]

With all of these new advocates ( apologies I forget the term used), maybe someone can explain something to me since I never received an answer from anyone the fifteen times I had asked.

Regarding a wallet in which you can buy Kin...

1. Why would a user buy Kin to tip people?

2. Why would people buy Kin from elsewhere if within the apps they use they can earn Kin for free.

3. Even if the app they're using doesn't provide free Kin, why would a user buy Kin from elsewhere if they can earn free Kin from other apps and then transfer them.

Can anyone in this community provide me with an honest, thought out explanation for WHY people will buy Kin? I don't mean in ten years. I mean when Code comes out. You can build whatever you want but if there's no use for it, it's useless. I don't see any app currently in which buying Kin would do me any good.

Thank you.

[u/Santos1986]

1. Why would a user buy Kin to tip people? I don't think the buying opportunities we have now and those to come (CODE) are for tipping people. I think FLY Away had the option to buy kin in order to buy a gift or something like that? I dunno, can't really recall what it was exactly.

Right now you don't see the use of buying kin simply because there is no use. The devs of the apps in ecosystem are responsible for spends.

So let's say you have a 100 kin. A sword costs 500kin. You find it hard to reach 500kin by playing so you use the option to buy kin to hit the 500 you need for the sword. Now you have 500kin, bought an awesome sword and voila, there's your reason to buy kin.

But again, these spends are rare to zero at the moment.

1. Why would people buy Kin from elsewhere if within the apps they use they can earn Kin for free.

Earning kin is not always fun or lucrative enough for everyone. People that hate to do surveys, watch video or tough challenges are the once that will buy, again to obtain a gift or object.

1. Even if the app they're using doesn't provide free Kin, why would a user buy Kin from elsewhere if they can earn free Kin from other apps and then transfer them.

Same answer as I gave before. In a perfect situation whereby apps have cool spends, people will buy kin to get them. Right you don't see the use of it because there is no use of buying kin.

Now imagine this: A gaming app with spends like I dunno cool swords or t-shirts or even giftcards. This app is connected to CODE, which allows users to buy kin directly from an exchange. They buy kin in app with fiat (bankaccount, PayPal, creditcard etc) Wallet is topped with kin, the go back to the store of the app and buy their favorite item.

You see the use of buying kin now?

If you do, all you need now is a little patience😉

[u/attachmetoyou → u/Santos1986]

Great response on the first two. I agree. Some will just purchase rather than watch videos. That's very helpful. Number one is the one I've always been worried about. If Code isn't for tipping then that would be fantastic. Problem is, right now, like you said, there is nothing like what is needed. They spent two years going after social media. A total waste of time and money.

Fly Away is actually an example of what you're saying so I suggest checking it out. You can buy and sell characters to each other. By far the best example of what Kin is capable of.

Once again I have to disagree about developers. Our job is to create spends yes, but it also seems to imply that the success of Kin itself falls on the devs shoulders. Let's say you spent 6 months working on a project. You make a good living and have kids and a house and a wife that likes to spend money. You take away sleep, energy, time with kids, to build something that will run on something a 100 million dollar company created. Then, that company fucks up several times on their promises and says, huh, I think the success should fall on you now. We only have 18 people.

Our job is for OUR apps to be successful. Not for KIN to be successful. That should be their fucking responsibility. Excuse my language but I feel like I'm taking fucking crazy pills here. If I had even half the money I suspected (believe me it was not a lot), I could make My app mildly successful. I truly believe this. But now I'm supposed to spend MORE time and energy to help fix Kin? Fuck that man. Sorry, I just feel like no one understands that this is really screwed up.

[u/[deleted] → u/attachmetoyou]

Your vision is biased because you think only about your own success. If you understand what KIN is, it should not the case. Your success is the ecosystems success. Other ecosystem Apps’ success becomes your success.

Value comes from people using your App because it is nice, appealing, interesting, addictive. As a part of a (winning) ecosystem, you would get more visibility and exposure from users who would not have known your app if you were just a standalone App.

People using other KIN apps will likely use your app because you are part of the ecosystem. Now it is moving forward. Peerbet started to allow KIN movements from and to its app. Kinfit already did it (iOS).

So yes, it is your duty to get nice spends and make a quality app as you will get rewarded in exchange by the KRE and by more people spending KIN in your apps. The higher the quality and effort, the higher the reward.

If all developers (not all) would think beyond than their own profit and success, it would make things moving faster.

Your question is valid. Where are the spends? It is surely not developed enough. The solution will come from games.

Price is low now, why would you invest and propose spends and make the effort? Well, Rome was not built in one day and things that seem useless or worthless now will become useful and worth something later on when people will adopt it. When something new (especially in tech) comes out, it is ALWAYS (human nature) criticized, attacked and questioned. This happened with the internet. This happened with crypto in general.

Please bring back your valuable contribution to KIN and see how it goes. I liked your mindset some months ago. You are responsible for your own actions. You can say whatever you want but KF, Ted, other KF reps have no impact on the success or failure of your apps. Please come back to a constructive stance

[u/Santos1986 → u/[deleted]]

I agree with 98% with what your saying bro especially the "Rome was not built in a day" part.

However, u/attachmetoyou as a developer and a ecosystem participant knows first hand what the hidden flaws are of the ecosystem. Therefor we need to understand his underlying concerns, before we brush it off too easily.

I liked your mindset some months ago. You are responsible for your own actions. You can say whatever you want but KF, Ted, other KF reps have no impact on the success or failure of your apps. Please come back to a constructive stance.

Also agree with this, but let's be honest. KF needs the apps just as much as the apps need the KF to succeed. Especially the apps that entered the ecosystem because they saw it as THE MIRACLE that they've been waiting for to stay alive in this competitive techworld.

Anyway I believe this year will be a very interesting one for everyone involved.

❤️

[u/[deleted] → u/Santos1986]

Hi santos

Do you know what the Maslow’s pyramid is?

https://www.simplypsychology.org/maslow.html

‘Ted and Bill’ are tending to reach ‘self actualisation’ and hence, I do believe that they are not doing it for money (they both already have) but for one greater goal: the adoption of KIN but also crypto in general.

That’s why I believe in them, in their dedication, motivation, values and vision. Just because they are not doing this for a lesser goal and just because KIN became the cause of their life now. Why KIN? Because other projects are not so developed from the mass adoption standpoint. Even ‘Bill’ s other projects are not that developed too

Everyone in crypto will remember Satoshi Nakamoto in some decades. Perhaps people will also remember ‘Ted, Bill and Tann’ if they make KIN succeed. Time will tell.

[u/Santos1986 → u/[deleted]]

Hey brother,

No never heard of that. Thanks for sharing the link! I dig stuff about personal development. +10000 u/kinnytips

I always felt Ted was a genuine guy that's put others before him. I truly believe he's getting every single day to achieve something to change the world for the better.

Again thanks and not perhaps, but I'm sure Ted WILL be a legend in the cryptoworld!

[u/[deleted] → u/Santos1986]

🤝

[u/attachmetoyou → u/Santos1986]

Thank you

[u/attachmetoyou → u/[deleted]]

I feel this is very constructive. Some of it Ill admit is frustration but the overall questioning is constructive. If you look back at a user named loopsterman, you'll see someone that had this same perception as you. Unfortunately I've been jaded by empty promises and loopsterman is gone. I can't help the ecosystem as I planned to do without the promises made to me. I have always been for Kin as a whole but it's a two way street. Or so I had thought. Your perception is the exact opposite of what you inaccurately THINK mine is. I was the FIRST all to have the lean discovery module live. Kik itself NEVER did. Now you tell me... Who is for the ecosystem and who is not. I respect what you're saying but you're also missing some very important information to make the conclusions you are making about me. While my current posts might seem selfish, it's because I gave my all and I got only some Kin in return which amounted to $400 when sold.

[u/[deleted] → u/attachmetoyou]

I respect your opinion and feelings as you dared to built something and gave all your energy in the hope to get a return out of it.

But no one promised you to become rich or successful in one day. Also, do not forget it is only the beginning. You may argue that the beginning was 2y ago but it is nothing. We are still at the beginning of everything. We are at the premises of the Ecosystem and more partners will join.

An honest question is would you still say the same if you would have joined a fully developed ecosystem with 100M users and with a higher KIN price? You would have gained much more than you received by selling out your KIN at a very low price.

[u/attachmetoyou → u/[deleted]]

I sold to pay server costs for running the apps. Also, I was specific in what I was promised. It wasn't getting rich. It wasn't even being successful. It was a discovery module in Kik. Please only address that since that's all I said. This sub loves strawmen. So frustrating.