KIN was designed “to facilitate a digital sharing economy of equal opportunity.” In layman’s terms, this means that KIN wants to be a universal currency for applications that provide digital goods and services. The idea is that anybody can provide a service and be fairly compensated for their work.

As a cryptocurrency, KIN will stand out from the more typical, centralized, ‘digital currencies’ (think Xbox Points, Twitch Bits) by having real, liquid market value and by being fully decentralized so that no one person or entity has control over its ecosystem.