Berichtenapp Kik is working on its own digital currency

Berichtenapp Kik is working on its own digital currency

Photo: Kik

Kik Interactive, the maker of the berichtenapp Kik, is working on a private digital currency called Chin.

That makes Ted Livingston, CEO and founder of Kik, Thursday, during an interview with Reuters known. According to Livingston’s Kik is the first social medium that has its own currency, has developed to be sold to the public. Chin is made on the basis of the blockchain, like bitcoin.

Because Chin is part of Kik is the most widely used digital currency in the world, suggests Livingston. That he bases on the millions of monthly active users. “That would be Chin very valuable.” Every user of Kik will get somewhere this year a so-called ‘wallet’ for Kin and the chance to earn money by active to be part of the community.

The money can be used to market products and services to buy within Kik. What other platforms and shops use of are going to make in the coming weeks announced.

Later this year, Chin is part of Kik and the method of payment in the sale. 10 percent is offered at a public sale to investors.

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