April 20, 2020
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Messaging service Kik launched a cryptocurrency called Kin through a near-$100 million initial coin offering (ICO) last September, and now its Kin Ecosystem Foundation will give as many as 25 developers up to $3 million in Kin to bolster the cryptocurrency's ecosystem as part of a new program.
A look at the cryptocurrency market, with all its hype, failed ICOs, and questionable players, reveals an ecosystem comparable to that of the miners in the 1800s. In such an ecosystem, will a market for businesses providing tools and services (such as APIs) to the blockchain world thrive?
While often perceived as competitive to Ethereum, HyperLedger operates on a different wavelength. Hyperledger provides a set of agnostic tools for developers who are building blockchain apps, regardless of the core blockchain layer. Therefore it is a suite of the tools mentioned in this article.