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Kik Messenger CEO Ted Livingston has announced that the iOS and Android messaging service will be shut down. The decision to shutter Kik was made not because the app receives poor engagement or user downloads, but because the company is in the midst of a legal battle with the SEC over its 'Kin' cryptocurrency.
In a blog post, Livingston explained that at this point Kik is one of the largest apps in the United States, with industry leading engagement amid a recent growth period over the past few months. Nevertheless, the team has decided to shut down Kik, reduce the company from over 100 employees to just 19, and focus on converting more users into Kin buyers.
Livingston said that no matter what happens to Kik, the Kin cryptocurrency is 'here to stay.'
It's unclear exactly when the company plans to shut down Kik for good.
In a blog post, Livingston explained that at this point Kik is one of the largest apps in the United States, with industry leading engagement amid a recent growth period over the past few months. Nevertheless, the team has decided to shut down Kik, reduce the company from over 100 employees to just 19, and focus on converting more users into Kin buyers.
Livingston said that no matter what happens to Kik, the Kin cryptocurrency is 'here to stay.'
While we are ready to take on the SEC in court, we underestimated the tactics they would employ. How they would take our quotes out of context to manipulate the public to view us as bad actors. How they would pressure exchanges not to list Kin. And how they would draw out a long and expensive process to drain our resources.Kik Messenger provides users with a way to connect to friends and family through text messaging, group chats, and video chats. The app doesn't require users to enter a phone number or connect it to a social network platform, so it was appealing to users interested in anonymity, letting them sign up with any name and an email address.
Together these changes will drop our burn rate by eighty five percent, putting us in position to get through the SEC trial with the resources we have.
It's unclear exactly when the company plans to shut down Kik for good.
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- In this tutorial, learn how to download and install Kik Messenger on PC (Windows 10/8/7 and Mac OS) for free. Kik Messenger is the best messaging app which allows you to select one-on-one chat or with groups and meet new friends within the app.
- Jul 12, 2019 Kik For Mac, How to Install Kik Messenger on Mac. Download and install Bluestacks on Mac. Once installed, Open it, and set up a Google Play account. Once done, search for Kik messenger and download it. Installation is very simple. It’s very easy to create a new account on Kik. You can start using Kik for PC almost instantly.
Kik Messenger For Macbook
Grammarly for word on mac. How Kik messenger works well with Mac? It is important to take into account that despite being a high-caliber application, it is still not 100% available for Mac, but everything has a solution! Even for Apple devices to have the good fortune to use this messaging service super comfortable, fast, and above all free; The ideal place to contact. Apr 09, 2010 Kik is here to stay! Elf bowling 2 download mac. Zip files macos. Ultimate unwrap 3d pro rapidshare download. We're happy to announce that Kik will be staying in the app store where it has been home to millions of users and billions of conversations over the past 9 years. Thank you for your continued support! Can you download maps on android for offline use. Sophos anti virus review.
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