Kin Foundation Teams Up with Messari for Annual Disclosures

A new standard for responsible disclosures in the cryptocurrency industry

MAY 21, 2020 (Ontario, CA) — The Kin Foundation, a non-profit organization that oversees the allocation and distribution of the Kin cryptocurrency, is teaming up with Messari Inc., the leading data layer for the cryptoasset community, to publish an annual Transparency Report. This Transparency Report gives a complete view of the activities of the Kin Foundation, including the allocation of the Kin Reserves, and the progress against strategic initiatives.

Kin is a cryptocurrency used by millions of consumers every month across an ecosystem of more than 50 consumer apps, making it one of the most used cryptocurrencies by mainstream consumers. Through these transparency reports, everyone will have a full view on the progress and direction of the ecosystem and the role the Kin Foundation plays within that.

“The Kin Foundation is leading by example by providing responsible disclosures to the industry, not because we have to, but because it’s the right thing to do,” said William Mougayar, Board Member of the Kin Foundation and author of The Business Blockchain, “and by teaming up with Messari, we hope to inspire others in the industry to raise their standards as well.”

As the leading disclosure registry, Messari is the industry standard when it comes to digital currency projects providing responsible disclosures.

“Messari is excited to help the Kin Foundation provide responsible disclosures,” said Ryan Watkins, Research Analyst at Messari Inc. “we invite other projects to work with us to provide a greater level of transparency to the public, and create a higher standard for the industry.”

The full Transparency Report can be found here: https://messari.io/pdf/kin-foundation-transparency-report-2020-05-20.pdf

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