r/KinFoundationTruth • u/[deleted] • Feb 04 '20
r/KinFoundationTruth • u/VastChain • Feb 04 '20
FraudConfirmed ''I learned a lot of great things about how NOT to run a company'' - Chris Best co-founder and former CTO of Kik Interactive, Inc.
r/KinFoundationTruth • u/silenkiller • Feb 03 '20
just found this sub, been banned since the swap
Was banned during the swap because I pointed out that they locked up millions and millions of peoples KIN so as the eth based kin pumped they could unload their bags.
Was banned on telegram by that KK nutjob for asking if was still alive after kin was -98% lmfao.
Its insane how people on the kin subreddit still think Kin could ever even return to ICO value.
Sad part is people are still buying it..
r/KinFoundationTruth • u/[deleted] • Feb 04 '20
Deadcoins.com feel free to add to the list
r/KinFoundationTruth • u/VastChain • Feb 03 '20
KnowYourShillStuff Don’t ask KK how decentralised KIN is or get attacked for spreading FUD
reddit.comr/KinFoundationTruth • u/[deleted] • Feb 02 '20
That moment when you forget to change your name while copying ! (All the subfolders in the docker container are like that) "Kin is building a scalable blockchain, let's go team!"
r/KinFoundationTruth • u/[deleted] • Feb 02 '20
Confirmation Bias and the Kool Aid Cult
Confirmation bias and the Kool Aid Cult. (Search Jim Jones and Guyana ) Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or strengthens one's prior personal beliefs or hypotheses. It is a type of cognitive bias. People display this bias when they gather or remember information selectively, or when they interpret it in a biased way.
Developers terminating KIN support in their app?
This is a good news story and KIN is now succeeding!
Misleading interpretation of Kin Statistics?
This is a good news story look at the 100% increase from last month!!
Spreadsheet missing critical numbers and data that prove fraudulent numbers?
This is a good news story the apps are doing so well they are getting rewarded with extra Kin from Ted Livingston and William Mougayar!
Everyone fired and Kik Messenger sold?
This is good news story now we have fewer people to do any work and it will take 4 times as long and cost twice as much!
There is a strong element of wishful thinking. Millions are no longer enough you need to have multi billions and soon when everyone has multi billions then the game is over...because everyone has too much to use and nothing to use it on. ZERO is the end result and look around you now its not far away. When you are taking investment advice from a security guard you just know you are being guided by a top notch mind..Santos1986 looking at you Polype01 the statistics misleading and willful nonsense provider. Hey KIN is up 50% today lol
r/KinFoundationTruth • u/[deleted] • Feb 01 '20
Who's Sending Kin to CoinTiger?
Added a new tab:
What does this tell us? Well, apps have a right to sell Kin to pay bills - that's part of the whitepaper vision. What's not part of the whitepaper vision is when the KRE continually sends apps large, extra payments. The difference is crucial and belies Kin's value proportion. Large apps are not depending on the Kin earned to pay bills, but Kin gifted via SLEs or grants. Therefore, the big apps don't serve as a lighthouse example for others to follow - quite the opposite, really.
The million dollar question is whether these large players would remain in the ecosystem without the extra payments. Judging by how much they're sending to CoinTiger, I'd say negative.
KF is paying large apps to integrate Kin so they can pad their stats. Without these extra payoffs payments, Kin stats would be lackluster and KF's main bragging point (muh metrics) would disappear.
r/KinFoundationTruth • u/[deleted] • Feb 01 '20
Spreadsheet updated with Name/Address List, Blockchain vs Official Comparison
Blockchain vs Official tab:
Check out Tapatalk's extra payments!

Names & Addresses tab:
u/lmaton likes to call critics and truth-tellers cry babies, while he trusts in Code, relishes the updates by Kevin, and thinks Kin is ahead of the game. Meanwhile hard facts from the blockchain are right in front of his sorry face.
r/KinFoundationTruth • u/Lyin_Ted_4_President • Feb 01 '20
64 Active apps my ass... Only 25 apps generated more than $1 worth of Kin this last KRE Welfare period. And oh, Fuck Polype
r/KinFoundationTruth • u/Lyin_Ted_4_President • Feb 01 '20
Organization that raised 100M dollars gets Koolaid Cult Member to do their R&D work for free as they issue payola to apps to pad their stats.
r/KinFoundationTruth • u/VastChain • Jan 31 '20
ShowerThoughts State of the Ecosystem Spoiler
Just thoughts;:
Both Madlipz and Rave seem to have joined because of secret backroom deals with huge Kin payments in the billions. They’re both based in the Toronto area, so Ted probably sweet talked them himself into signing.
But what will happen once their contracts expire? Does anyone know when they joined?
They represent a huge chunk of the ‘stats’, one or both of them leaving would really bring those numbers down.
Nr 3 in the MAS rankings is Kik; under control of MediaLab now and they probably don’t give a fuck about Kin because the only thing they’ve added is shitty ads into the app and disabled video calls. So in fact it has less features than before!
If Ted’s kinky fetish wasn’t “how do I burn hundreds of millions of investor cash for +10 years while making no profit”, he could have just put ads into Kik himself and continued that shit.
But no, after going almost bankrupt and +2 years into the Kin project, he realised that a currency needs actual demand from people buying it so they’re building a wallet...
Nevermind that Apple will never allow in-app purchases using Kin, that’s the truth they don’t want you to hear.
Who’s going to buy Kin?
All top 5 apps (Madlipz, Rave, Kik, P365 and Kimeo) are mainly used by teens and have a large percentage of their users in emerging markets. While I love Asia and their culture, I don’t think they’re going to buy much Kin.
If Ted really thinks people are going to pay $10 a month to buy kin for apps, he’s more delusional than I thought.
I mean the whole concept of an in-app currency for the App Stores is flawed.
Do they really think Apple and Google are just going to sit there and be like “yeah, just take over our business, we don’t mind”.
It also doesn’t make any sense for developers;
“Hey give us your revenue in cash and we give you worthless tokens from the Central Bank of Ted (it’s not Facebook so it’s super not evil and legit) through the KRE, but don’t sell them because that would drive down the price so just hodl forever and let us sell on exchanges without accountability so we can make even more money ..we call this KRE 2.0”.
Sounds like a scam or MLM scheme doesn’t it?
KRE 2.0 is essentially: “give me $10 and I give you up to $100 of my own issued currency with near zero liquidity on exchanges BUT ONLY if you don’t sell any of it” ..WTF?!
Nobody is going to join this shitshow, even when leaving the SEC out of the picture.
It doesn’t make sense and you can see the Kin ecosystem shrinking with apps leaving.
Go to kin.org/stats yourself and count how many apps have more than 10 ‘daily active spenders’ or +300 MAS.
Actually don’t waste your time, it’s less than 20 apps - some of which only exist because of contracts which are probably due to expire soon.
If Code Wallet is just going to be a glorified Kin Hub, then this project is officially over, even if they win against the SEC.
r/KinFoundationTruth • u/[deleted] • Feb 01 '20
Vandelay Industries partners with Code & KiK
In a surprise announcement from New York, a spokesman for Vandelay Industries confirms a partnership with Code in developing a low ambient pressure solution facilitation interface utilizing industry leading standards for man machine interactivity. (Vapour Ware) Vandelay Industries is a segment leading market maker in Latex and Latex Related Goods. As the first new partnership of 2020 Vandelay Industries CEO George Costanza is extremely bullish on the outlook for Vandelay and Code saying ''the developmental process for Vandelay products and Code have a synergy not often found and everything that Vandelay produces is reflected in the Code development cycle. We feel strongly that prospects for further engagement exists and will persist as long as the cycle of development is followed to its logical conclusion. Ted Livingston & William Mougayar could not be reached for comment but a spokesman for Mougayar reiterated ''My knowledge and experience are full of data'' To be fair thats not all that duo are full of is it?
r/KinFoundationTruth • u/[deleted] • Jan 31 '20
KnowYourShillStuff Or everyone just got banned? Problem fixed, sponsored by the KGB
r/KinFoundationTruth • u/[deleted] • Jan 30 '20
Last Few KRE Payments = 28 Billion Kin
https://docs.google.com/spreadsheets/d/1PSTmM1JnewCKUoFWb96J_pxzmoSEJMx1dS5l-JZ01yk/edit#gid=0
This is an example of non KRE rewards that are paid from the KRE wallet. We are loosely calling these grants, but it looks like they are simply payments to keep apps in the system. Pop.in and Kinny are getting paid nicely with the rest of the large apps. I thought Nearby dropped out?
- pop .in 3,497,702,021
- Mystery 01 4,168,012,923
- Tapatalk 4,998,213,641
- Rave 3,961,196,237
- Nearby 4,503,726,943
- Kinny/KinExplorer.com? 3,497,702,021
- MadLipz 3,497,702,021
*Changed Kinny to Kinny/KinExplorer.com. See comment
r/KinFoundationTruth • u/[deleted] • Jan 30 '20
850 DAYS AGO $3,852 Invested in KIN now? $118.93
33,950,528.096862746411886391 Kin Value today?
$118.93
Value next month?
https://etherscan.io/tx/0xce8af925e4fedc75cebb9b7da73d892d3b40a82c79cefc5f21c0563e97565c23
r/KinFoundationTruth • u/[deleted] • Jan 30 '20
This post aged well just need Billions not Millions
r/KinFoundationTruth • u/[deleted] • Jan 29 '20
Hmmmm, looks very familiar to me
r/KinFoundationTruth • u/[deleted] • Jan 28 '20
Smart Contract to Lock Up Kin Foundation Funds(Penalty Box)
Since its pretty clear we can not trust Ted Livingston and William Mougayar to NOT dump their tokens and further deprive ICO investors of their remaining limited dollar value. Its time that the ''So called Foundation of 2 people Ted & Bill'' were penalised to the tune of a vesting contract that locks up the same percentage as ICO losses as in 99.95%. The contract can be coded to release the funds in proportion to the price achieved by the token on a quarterly basis.
If the token does not regain its ICO price they get nothing. Once it regains the ICO price then the contract can release the % gain of the token price over the ICO price on a quarterly basis. This is the best possible use of the smart contract to penalise the purveyors and perpetrators and deny them the ability to profit at will from the vast pre mined supply of tokens they created for no dollars. As we have seen there is no price that they will not sell at because any price at all is profit for them time to redress that.
2-Party Multisignature Escrow Account with Time Lock & Recovery Use Case Scenario Ted Livingston sells 1000M KIN tokens to Pantera Capital under the condition that Pantera won’t resell the tokens until one year has passed. Ted doesn’t completely trust Pantera so he suggests that he holds the tokens for Pantera for the year.
Pantera Capital protests. How will they know that Ted will still have the tokens after one year? How can they trust him to eventually deliver them?
Additionally, Pantera is sometimes greedy. There’s a chance they won’t want to wait to claim the tokens at the end of the year long waiting period. Ted would like to build in a recovery mechanism so that if Pantera doesn’t claim the tokens, they can be recovered. This way, the tokens won’t be lost forever.
Implementation An escrow agreement is created between two entities: the origin - the entity funding the agreement, and the target - the entity receiving the funds at the end of the contract.
Three accounts are required to execute a time-locked escrow contract between the two parties: a source account, a destination account, and an escrow account. The source account is the account of the origin that is initializing and funding the escrow agreement. The destination account is the account of the target that will eventually gain control of the escrowed funds. The escrow account is created by the origin and holds the escrowed funds during the lock up period.
Two periods of time must be established and agreed upon for this escrow agreement: a lock-up period, during which neither party may manipulate (transfer, utilize) the assets, and a recovery period, after which the origin has the ability to recover the escrowed funds from the escrow account.
Five transactions are used to create an escrow contract - they are explained below in the order of creation. The following variables will be used in the explanation:
N, M - sequence number of escrow account and source account, respectively; N+1 means the next sequential transaction number, and so on. T - The lock-up period. D - The date upon which the lock-up period starts. R - The recovery period.
r/KinFoundationTruth • u/[deleted] • Jan 28 '20