Despite the battle against the US SEC Kik will not shut down. It has been announced that Kik is going to struggle for its existence.
CEO of the once-popular messaging app Kik has indicated that the firm will go to trial against the United States Securities and Exchange Commission of classification of their Cryptocurrency token Kin as a security.
Today Freewallet announces full support for Kin coin (KIN), which has finally migrated to its own blockchain.
After working for some months on two blockchains simultaneously, Kik has taken a decision to stop building on Ethereum and to work with Stellar only.
The Kin Foundation and kik creators have made a multi-million dollar bet. They will pay to 25 developers $3 million to create and maintain independent “kin economies” over a six-month period.
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.