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A nine - figure valuation and toe - to - toe battle with Facebook have inevitably
made Kik the subject of Canadian boosterism, and both the firm and its founder are now fixtures in lists of up - and - comers and politicians» success speeches.
Not exact matches
Last August, Livingston got himself a powerful ally in the battle to build a WeChat - like ecosystem on this side of the world: Tencent, which
made a US$ 50 - million strategic investment in
Kik.
Even
Kik, founded by a guy who worked at BlackBerry as a student at the University of Waterloo, claims to have 100 million users, which would
make it larger than BBM.
Kik, a Canadian company that
makes a popular messaging app, said recently that it would launch its own crypto - currency called Kin with an initial coin offering within the next few months.
If an IPO really is the goal,
Kik's reluctance to disclose its internal valuation
makes sense — without a huge number hanging over its head,
Kik stands a better chance of a successful share offering.
What had started as an idea for a music app that would
make it easier for BlackBerry owners to listen to music on their devices, had to be downgraded to a mere chat service while
Kik waited on licensing deals.
So
Kik and its competitors are turning to the next stage in the messaging marathon: How will they
make money from them?
While
Kik likely
makes the ten - figure cut (Livingston also won't disclose
Kik's own valuation figures), it tends not to attract the kind of buzz that venture capitalists and the tech press fawn over.
It's why he helps
Kik make introductions in the Valley and why Livingston says it hired Qatalyst, which has connections in the highest ranks of the tech industry's top companies.
Since its soft launch in Canada last June, 12,000 applicants and 250 companies including
Kik, Shopify, Influitive, Wealthsimple and Wave have
made more than $ 60 million in job offers, with an average salary of $ 92,000, as of November.
Its 200 million registered users (Livingston won't disclose
Kik's MAU figure)
make it good enough for eighth place, according to the data aggregator Statista.
Kik developer Gadi Srebnik
made the announcement in a Wednesday blog post, explaining how the company — which raised $ 98 million through an initial The post
Kik Messenger to Launch Kin Token on Two Blockchains appeared first on CCN
Popular chat app
Kik has unveiled plans to deploy its Kin tokens on both the Ethereum and Stellar blockchains,
making it one of the first cryptocurrencies to feature bidirectional network support.
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.
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Kik Messenger launched a bot store one week before Facebook is expected to launch a bot store (ReCode) This may go a long way towards
making information readily accessible.
Given
Kik's focus on teenagers, it's sort of surprising that it took this long to get the ability to
make video calls, but many chat apps with more than 100 million users have rolled out a video chat or group video chat option over the course of the last year.
When messaging app provider
Kik launched Kin, for instance, the company
made it clear that all information about buying its tokens would be on, and only on, its token sale site.
To
make this two blockchain system work,
Kik is employing atomic swaps, a technology that's been a hot topic this year as developers look for ways to
make it easier for users to trade tokens across blockchains.
Kik, a Canadian company that
makes a popular messaging app, said recently that it would launch its own crypto - currency called Kin with an initial coin offering within the next few months.
Social media network
Kik is on the verge of launching its own ethereum ICO,
making it the first mainstream social network to feature cryptocurrency as a core component of its services.
The upcoming ICO by the popular messaging app
Kik is one such project, because it will be the first social media company to
make a cryptocurrency for public consumption.
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.
Made by
Kik Interactive, the makers of the popular
Kik Messenger app, it is designed to be the native cryptocurrency for that messenger.
To
make this two blockchain system work,
Kik is employing atomic swaps, a technology that allows cryptocurrencies to be traded across blockchains.
Popular chat app
Kik has unveiled plans to deploy its Kin tokens on both the Ethereum and Stellar blockchains,
making it one of the first cryptocurrencies to feature bidirectional network support.
Kik developer Gadi Srebnik
made the announcement in a Wednesday blog post, explaining how the company — which raised $ 98 million through an initial coin offering (ICO) last year — will deploy its cryptocurrency on multiple blockchains to enhance liquidity and efficiency within its ecosystem.