After governments and banks
Now the trend has spread into messengers
Very soon more will join this crypto wave
Don’t believe? Just watch this space.
A “Kik” Forward in the Decentralized Chat World
Globally, chat continues to soar in popularity as a means of communication. Founded in 2009, Ontario, Canada based Kik Interactive, Inc., is one of many firms offering a connection to this world. The company is creator of Kik, a platform popular with U.S. teens where individuals can chat with friends and engage with chat-based services.
Recently the company announced the launch of Kin, a cryptocurrency that will serve as a foundation for a decentralized ecosystem of digital services. Kin will be curated as an ERC20 token on the Ethereum blockchain and will be used on Kik as the primary transaction currency.
Digital services, like chat apps and social platforms, are capturing the world of communication, information, and commerce in new and innovated ways. For future generations, this will be a natural and core aspect of their daily lives. At the same time, growing aspects of these services are controlled by fewer and fewer companies, leading to less innovation and choice. As a result, decentralization is increasingly being seen as a sustainable way forward.
BTCMANAGER reached out to Ted Livingston, founder and CEO of Kik, via email and he had this to say:
“Kik believes that Kin can bring together a broad group of participants to create an open ecosystem of digital services that prioritizes consumer experience and choice. As a leader in the chat space, we want to bring a fair and sustainable model for digital services to the market and fuel an alternative ecosystem for communications, information, and commerce.”
Full article : BTCManager.com, By Michael Scott, A “Kik” Forward in the Decentralized Chat World