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The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. The decision also means that 80 staff who chxt Kik running will be let go. No date has been given for when the Kik app will close. Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials.

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Lets chat on kik

Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency. No date has been given for when the Kik app will close. The legal row lwts up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated dhat the stock exchange.

And growing the community of Kin users ificantly would make it far harder for the SEC to prevail.

Let’s chat.

He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade". He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

Lets chat on kik

The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange. As well as fighting in court, Kik Interactive would also work to convert the millions of existing Kin users into more active customers and buyers, Mr Livingstone said. ki

Lets chat on kik

Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials. Kin currently had two million "monthly active earners" and"monthly active spenders".

Lets chat on kik

The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would lwts its usability and that of other similar crypto-cash systems.

Lets chat on kik

Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency. The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created.

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No date has been given for when the Kik app will close. Kin currently had two million "monthly active earners" and"monthly active spenders". In response, Kik said it was "constantly assessing and improving its trust and safety measures".

Lets chat on kik

The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years. In response, Kik said it was "constantly assessing and improving its trust and safety measures".

Lets chat on kik

The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years. The decision also means that 80 staff who keep Kik running will be let go. And growing the community of Kin users ificantly would make it far harder for the SEC to prevail.

Lets chat on kik

The decision also means that 80 staff who keep Kik running will be let go. As well as fighting in court, Kik Interactive would char work to convert the millions of existing Kin users into more active customers and buyers, Mr Livingstone said.

Lets chat on kik

Related Topics. Related Topics. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems. Kik Messenger launched in and chaat popular largely because it lets people register and use it without providing a phone or other credentials.

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