Kik - Here to Stay

[Furious 7]

What new spirit does KIK bring to the public at this time? I have never heard of KIK, can you explain more fully about KIK? because I'm sure there are also other people who don't know about this, so it will be very useful if you want to explain it in full.

KIK is a Canadian social media and messenger app, 2 years ago in 2017 they were doing ICO and raised $100 million on their sale afterward SEC sued them because they were doing a sale on unregistered securities offering(just like what happened with GRAM lately). After that Kik was shutting down their project and focused only on their token KIN, but now there is a possibility for them to continue to develop it again.

Ok understandable explanation and then what happen to the raised fund of $100m are this one can be able to use to develop the project? Or this fund is on hold since like you said they are unregistered before .

I do not know the development of the KIK project but with the huge funds of $ 100 million I think it is maximal to build a project that is better known, KIN tokens (https://coinmarketcap.com/currencies/kin/) are quite cheap but in high enough volume and I think it seems that there is still interest.

[Thomas-s]

this is a really good project that has been conducting its work on the cryptocurrency market for a very long time and has overcome many difficulties. Now the price is very low. I bought coins of this project at the ICO and did not have time to sell. This coin brought me big losses, despite the fact that it is fundamentally good

[bittick]

What new spirit does KIK bring to the public at this time? I have never heard of KIK, can you explain more fully about KIK? because I'm sure there are also other people who don't know about this, so it will be very useful if you want to explain it in full.

KIK is a Canadian social media and messenger app, 2 years ago in 2017 they were doing ICO and raised $100 million on their sale afterward SEC sued them because they were doing a sale on unregistered securities offering(just like what happened with GRAM lately). After that Kik was shutting down their project and focused only on their token KIN, but now there is a possibility for them to continue to develop it again.

Ok understandable explanation and then what happen to the raised fund of $100m are this one can be able to use to develop the project? Or this fund is on hold since like you said they are unregistered before .

I do not know the development of the KIK project but with the huge funds of $ 100 million I think it is maximal to build a project that is better known, KIN tokens (https://coinmarketcap.com/currencies/kin/) are quite cheap but in high enough volume and I think it seems that there is still interest.

You don't even watch the latest update about KIK and how can you answer that? Please stop quoting something that you don't know about that. Go to the KIK announcement page and then read whole updates about KIK and gk back here again. KIK is a dead coin and no more.
This is a joke to see someone who is not even watching the project keeps commenting to increase the post count.

[cichaescut]

Did not hear about this coin as well. Right now it is not the best time for altcoins to come on the market, because people are scared and afraid of losing their money, thats why even good projects are struggling to collect funds.