Kik announces Kin, its own cryptocurrency built on top of the Ethereum network, which will be used as the app's primary transaction currency
Our portfolio company Kik announced some big news today. Virtual Mining Bitcoin News : Bitcoin value surges past $2,500 — an all-time high and 150 percent gain this year Evelyn Cheng / CNBC : Bitcoin surges to record above $2,500, bringing 2017 gain to more than 150% Shane Dingman / Globe and Mail : Canadian messenger app Kik to launch its own Bitcoin-like digital currency Jessica Galang / BetaKit : Kik launches Kin to drive mainstream adoption of cryptocurrency Tweets: Ted Livingston / @ted_livingston : This is the biggest thing Kik has ever done. A new cryptocurrency, and a new ecosystem: http://medium.com/... Harry McCracken / @harrymccracken : The statute of limitations on jokes about Microsoft's Kin has apparently passed. http://betakit.com/... @cryptocryptics : The crypto bubble grows. Classic tech startups are releasing their own altcoins: http://twitter.com/... Louis Gray / @louisgray : I'm not calling a cryptocurrency bubble, but a holdover from the group messaging bubble is pivoting to make one. http://avc.com/...