meanwhile...

How popular could kik possibly be? Pretty sure it's only 12 - 16 year olds on there

>>3395419
People use Kik? Kik is still a thing? Lmao

>>3395419

Only good for ewhoring

>>3395469
Yep, and when that happens people will just move off Kik onto the next replacement, waiting in the wings...

>>3395441

Has 300 million active users. They will bring crypto to the normies

>>3395419
t. noob who's never made money in ICOs.

Go see the coin cap, ICO cap, coin supply, how much is being given out, etc.

This is one of the absolute shittiest ICOs in crypto. It's like if Google said "yeah we'll make a coin, give the public 10% of it, and ask $100mil for it".

It's a good product but the ICO is a fucking disaster.

Let me go in-depth and tell you why it's bad.

Fundraising is high, 125 million represent only 10% of the tokens, implying a 1.25 billion market cap. The use cases in the white paper (tipping, vip groups) are limited and don't justify a 1.25 billion valuation. If Kin wants to be successfull it needs to be more successful than Kik itself.

Kin will also face inflation. In just 1 year, the ico sale participants share of the circulatiion will drop from 100% to 30%. The market cap for Kin needs to be 450 million in a year just for ICO participants to break even.

ICO participants aren't existing Kik users. It doesn't help Kik get more users. The audience of Kik are teenagers, they won't invest in cryptocurrencies.

Not only that, Kik itself has a lot of competition and it's populary is declining rapidly. Whatsapp, Facebook Messenger, Snapchat Discord and Telegram for example.

They also haven't shown a development roadmap.

Don't buy this shit.

kik is a failed instant messaging social app, why do you think they can release a successful crypto?