Kik Might Move Its ICO Tokens to a New Blockchain

Kik, a company that was one of the first to use an initial coin offering (ICO) on ethereum, is considering whether it might migrate its token network to a new blockchain
16 November 2017   434

Despite the role of Kik's role in in popularizing the ICO concept, this move is not unique for blockchain startups. For example, in the past, startups token networks on top of the bitcoin network have migrated to other alternatives, most often ethereum.

The social messaging platform, which raised $98 million in its token sale earlier this year, first announced subject late last month on the Kin Foundation's Telegram tech channel. There, Kik's head of blockchain engineering and security, Leonid Beder, said that the firm was interested in "kin" token buyers' views on possible alternative blockchains that could replace ethereum.

One of the most important reasons for the exploration are the costs inherent in using the ethereum platform, as well as Kik's specific goals for its token.

Early applications for the kin token are likely to monetize what people already do on Kik for free. For example, artists currently create stickers that users can send with messages on the Kik platform. With kin, artists might then be able to exchange stickers for value.

When ethereum developers have discussed technical solutions that execute transactions off-chain to scale the protocol and lower transactions fees, those have yet to go live.

The kin ICO attracted 10,026 people who invested 168,732 ether in the sale.

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Gnosis to Hold Technical Meetup in London

The event headlined "How to build decentralized prediction markets?", organized by Gnosis and The Blockchain Connector, will be held in London, UK, on February 22, 2018
22 February 2018   107

Gnosis aims to build revolutionary market-driven forecasting technology to let users shape the future. It is built on Ethereum, a next generation blockchain protocol enabling advanced smart contracts. 

The event headlined "How to build decentralized prediction markets?", being a collaboration of Gnosis, The Blockchain Connector and King’s College London Blockchain Society, will be held in London, UK, on February 22, 2018.

Gnosis blockchain conference in LondonGnosis Technical Meetup in London Announcement

Location: King's College London, Room BH (S) -1.01, Bush House Auditorium, Ground Floor, 30 Aldwych, London, WC2B 4BG
Date and time: 6:00 PM – 9:00 PM GMT, February 22, 2018

The presentation will cover technical details of the Gnosis platform and how developers can get started building their own application on Gnosis. Moreover, future technical challenges to bring Gnosis to the masses will be discussed and possible solutions will be presented.

The headline speaker is Stefan George, Gnosis CTO, who wrote the crowdfunding campaigns for Gnosis and SingularDTV and the multisig-wallet which became a standard for ICOs today.

The event is held for software engineers, software architects and computer science/software engineering students only, and everyone who wants to participate is required to register beforehead.