ICO by Developer of Popular Kik Messenger Raises Nearly $100 Million
Kik Interactive, the creator of the popular chat platform Kik, has announced that the Kin token distribution event (TDE) has successfully ended, raising nearly $100 million. With more than 10,000 people from 117 countries participating, this shows that the Chinese ICO ban did not stifle global enthusiasm for token sales.
“We wanted as many people as possible to participate in the Kin token distribution event. Based on the outpouring of support leading up to and during the event, we clearly achieved that goal,” said Ted Livingston, founder and CEO of Kik. “We envision Kin as the foundation for a decentralized ecosystem of digital services, starting with Kik, and we couldn’t be more thrilled than to build this new future together with you.”
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www.reuters.com
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