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Chat app Kik to raise $125M through an ICO in September

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Thread replies: 17
Thread images: 4

Probably all of you know here know what kik is.

>Messaging app company Kik has revealed that it plans to raise $125 million via its ICO.
>The company first announced the plan to hold a token sale in May, taking advantage of a rush of investment based around selling dedicated crypto tokens to investors, and the event will take place from September 12, it confirmed.

>Those wanting to buy into Kik’s ‘Kin’ token sale will be registered to register at kin.kik.com — which requires passport/social security details, an Ethereum wallet address and other info — before September 9.

They already have over $50 million saved from investors.

I really wonder if the SEC will do anything on this matter and if they do how big will it be.

original article : https://techcrunch.com/2017/08/29/kik-ico-september-125-million/

What are your thoughts on this ?
>>
Killing the goose with the golden eggs tbah
>>
>>3266243
Tezos - 200 mln
SNT - 200 mln
Bancor - 200 mln

nothing new
>>
>>3266243
>Those wanting to buy into Kik’s ‘Kin’ token sale will be registered to register at kin.kik.com — which requires passport/social security details, an Ethereum wallet address and other info — before September 9.

but muh decentralization.. muh privacy.
>>
Don't they have like 10 trillion tokens? And only 1 trillion is being used for the ICO?
>>
File: supply.png (39KB, 677x244px) Image search: [Google]
supply.png
39KB, 677x244px
>>3266368
true, its written here in the whitepaper
that's a lot of coins.
>>
File: e59.png (2MB, 1600x1065px) Image search: [Google]
e59.png
2MB, 1600x1065px
>A decentralized ecosystem of digital services for daily life.
blahblahblahblah
>>
>>3266243

$125m for 10% of a worthless token. No thanks.
>>
does someone know if they will have a function in their app to buy kikcoins and then users can send eachother kik? and how many active kik users are there? ten trillion tokens.... they better have a billion users.
>>
>>3266396
wow, fuck that
>>
>>3266553
300 million and they are not growing anymore, i think theyre going for one last cash grab
>>
File: 1464049512408.jpg (94KB, 403x403px) Image search: [Google]
1464049512408.jpg
94KB, 403x403px
>>3266396
>10 trillions tokens
>very high cap

Yup not approaching this one with a ten foot pole.
>>
>Only selling 10%
>total supply is 10 fucking trillion
Is it the most greedy ICO so far?
>>
>>3266243
this is seriously going to be fucking huge
>>
whoops

I mean

shit, forgot to pretend to be an idiot

uh....

scam or whatever!
>>
>>3266718
This guy chuckled writing his comment
>>
>>3266750
why yes, yes I did
Thread posts: 17
Thread images: 4


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