MediaLab Doubles Down on Kin with New Kik Experiences & More

MediaLab announces new features in Kik Messenger with the Kin cryptocurrency and a commitment to purchase Kin on the open market

It was recently announced that MediaLab, the company behind a number of leading consumer apps, will be implementing new ways to earn the Kin cryptocurrency in Kik Messenger. In addition to the new product integrations, MediaLab has also announced that they will be purchasing $1.5 million worth of Kin over the next 15 months, signalling a strong commitment to the Kin Ecosystem after seeing success with the Kin business model. Such purchases are expected to be made monthly in the open market at prevailing market prices.

MediaLab’s involvement with Kin started last October, with the acquisition of the Kik Messenger app. Kik was the first app to go live with the cryptocurrency Kin, which is now used by millions of consumers across 50+ apps. MediaLab is now rolling out ad sponsored earning of Kin on Kik Messenger, enabling millions of users to get paid in Kin for engaging with sponsored games, videos, and more.

Having built their own proprietary advertising platform, MediaLab’s extensive experience will help them lead the way in providing a quality user experience in ad-supported earning of cryptocurrency. Currently, over 750,000 users in Kik are earning Kin each month through activities such as completing daily surveys and tipping. This new integration gives millions of users more opportunities to be paid for their time online, bringing sustainability to the crypto economy with ad dollars powering the experience.

Kik’s new integration is available now for users globally on Android. Stay tuned for more announcements as MediaLab continues to develop contributions to the Kin Ecosystem.