Let’s start with a quick recap of Kik What happened? Kik Interactive announced late Monday that it’s shuttering the messenger app and cuttingits staff from over 100 people to just 19 employees. The company will focus its remaining resources entirely on growing its cryptocurrency, Kin, the subject of a recent lawsuit filed by the SecuritiesContinue reading “Kik Closes – FBI Requests Backdoor Built Into Facebook Messenger. Is it Time to Decentralize?”
Just how big was Kik? Let’s examine the numbers. 1 Billion — The dollar valuation placed on Kik resulting from a private market valuation. 300 Million — The number of registered users Kik hosted as of 2016, the last year Kik made its metrics on registered users available. 100 Million — The total U.S. Dollar equivalent Kik’s cryptocurrency,Continue reading “A Titan Falls — Private Messaging App Kik to Shut Down”
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