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Overview
ICO Opening Date
Sep 12th, 2017
ICO Closing Date
Sep 26th, 2017
Description
Kik Interactive, Inc., connects the world through chat. The company is the maker of Kik, a chat platform popular with U.S. teens where people can chat with friends and connect with chat-based services. Founded in 2009, Kik Interactive, Inc. is headquartered in Waterloo, Ontario, Canada.
Kik is creating Kin as an ERC20 token on the Ethereum blockchain that will be integrated into Kik as the primary transaction currency. With millions of users, Kik hopes to drive mainstream consumer adoption of Kin, potentially making it the most adopted and used cryptocurrency in the world. Eventually, Kin will create a decentralized ecosystem of digital services through the Kin Rewards Engine, an innovative cryptoeconomic structure intended to promote the use of Kin as a common currency, that will be administered by the Kin Foundation.
Technology
Blockchain Platform
Ethereum
Team
Members
Ted Livingston - Founder & CEO, Kik
Peter Heinke - CFO & COO, Kik
Eran Ben-Ari - CPO, Kik
Dany Fishel - President, Kik Israel
Alim Dhanji - Chief People Officer
Erin Clift - CMO, Kik
Dave Simons - SVP Engineering, Kik
Eileen Lyon, General Counsel and CCO, Kik
Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.
Kin News
March 30th, 2018
The aim is to push the mainstream adoption of kin tokens by integrating them with gaming SDKs and further using them for rewarding the developers.
March 22nd, 2018
The transfer of tokens across two blockchains will be done through atomic swaps. The Ethereum blockchain will be used for liquidity and the Stellar platform for transactions.
December 15th, 2017
Popular messaging app Kik is moving its Kin tokens from the Ethereum network to the Stellar network sighting issues with speed, reliability and costs.
September 27th, 2017
Mainstream chat app Kik raised nearly $100M for its new Kin token to be used by messenger’s 15 million audience as the primary transaction currency.
September 13th, 2017
The beginning of Kin token distribution event (TDE) launched by the Canadian social media giant Kik Interactive, was announced yesterday on September 12. Having already raised $50 million in a presale round, Kik aims to raise $125 million in total through the ICO (initial coin offering).
By Bhushan Akolkar on October 19th, 2018 FinHub will act as a central medium for the securities agency to interact with developers and entrepreneurs from the fintech space.
October 11th, 2018
South Korean authorities continue discussing the possibility of reallowing ICOs within the country. The final decision is going to be revealed in November 2018.
South-Korean blockchain startup Temco plans to launch $19 million ICO fundraising on the Bitcoin blockchain by leveraging the RSK’s technology of sidechains.
![Quarterly ICO Market Analysis [Q3 2018]](https://coinspeaker-yyissxxdmt7hpv.netdna-ssl.com/wp-content/uploads/2018/10/quarterly-ico-market-analysis-2018-420x280.jpg)
Please, see our report covering data on ICO market movements in 2018, with special emphasis placed on the analysis of market changes over Q3 2018.
South Korea will consider a possibility to open up the road to Initial Coin Offerings through easing the country’s legislation.
Although Ethereum has been in a bearish trend this year, most of the largest ICO projects have managed to sell as much ETH as they raised, remaining unaffected by its price decline.
![Weekly ICO Market Analysis [September 17-23, 2018]](https://coinspeaker-yyissxxdmt7hpv.netdna-ssl.com/wp-content/uploads/2018/09/weekly-ico-market-analysis-september-420x280.jpg)
This report covers data on ICO market trends of 2018, with special attention given to the analysis of market movements in September 2018, most notably September 17-23, 2018.
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