KIK [ ICO start 12 Sep 2017 ] - new chat platform utilizing blockchain tokens is going after $125 million initial coin offering

in cryptocurrency •  2 years ago  (edited)

Image of KIK ico

Earlier this year, Kik announced it would become the first mainstream social media app to create its own cryptocurrency. After raising more than $50 million in a pre-sale open to accredited investors including Pantera Capital, Polychain Capital, and Blockchain Capital, chat platform Kik Messenger is now trying to get $125 million initial coin offering (ICO)..

Kik chat app was developed by Canadian developer Kik Interactive and had more than 300 million registered users in 2016. The platform’s native currency is Kin, is an Ethereum-based ERC20 token with creation cap of 10 trillion units. Mention above firms purchased 488 billion Kin at a 30% discount from the general ICO price. Kik is by far the largest consumer company to enter the cryptocurrency space, and big chance that developers team will successfully execute their vision of decentralized ecosystem of digital services through Kin.

Kik founder and CEO Ted Livingston strongly believes that Kin will help make cryptocurrency go mainstream:

Kin will fuel new experiences in communications, information, and commerce inside of Kik, and will also serve as a foundation for a new decentralized ecosystem of digital services, bringing a fair and sustainable business model to the market.

ICO Details

On September 12, the Kik ICO will open to ordinary investors. To participate contributors must pre-register by September 9. During the crowdsale, Kik will sell 512 billion Kin for $75 million, this will take total ICO distribution to 1 trillion.

----------

If you would like more news about upcoming ICOs please upvote this post.
:thumbsup: Thank You for your support :thumbsup:

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.cryptocoinsnews.com/chat-app-kik-ico-eyes-125-million-after-50-million-presale/

Heres another one : https://techcrunch.com/2017/08/29/kik-ico-september-125-million/ in few hours time there's gone be more posts about this ICO

Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.

Some tips to share content and add value:

  • Using a few sentences from your source in “quotes.” Use HTML tags or Markdown.
  • Linking to your source
  • Include your own original thoughts and ideas on what you have shared.

Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.

If you are actually the original author, please do reply to let us know!

Thank You!

According to you 90% of internet is plagiarism. This news was shared in many ways on blogs, website etc. THERE IS ONLY FEW SENTENCES NEEDED TO MAKE A NEWS SO EVERYBOSY WRITING ABOUT IT WILL WRITE THE SAME THING Your comment is just looking for support for your own profile. Nothing wrong with this or other post about ICOs from our side, we looking at the information getting what we think is most important and sharing it with Steemin community. I'm sorry but in my opinion your definition of what you wrote above is childish and unreal. Plus its realy bad for Steemin community that tries to grow, all you do is telling peoples they should stop posting