Kik raises $50 million ahead of token sale for its cryptocurrency Kin
VentureBeat
Kik Interactive announced today that a token distribution event (TDE) for the sale of its cryptocurrency Kin will start September 12 at 6 a.m. Pacific time. Kik, a chat app with a community of 50 million monthly active users, is one of the first major examples of a non-blockchain business going to blockchain to open up new opportunities. The company plans to sell a trillion Kin tokens for $125 million, a Kik Interactive spokesperson told VentureBeat in a statement. Of that amount, $50 million Read the full story
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