How KIN Can Change the Social Networks | Blockchain Central

The video explores Kik Messenger and its native cryptocurrency, Ken. It discusses Ken's ICO, which raised $98 million but fell short of its $125 million target. The video highlights Ken's potential use cases within Kik, such as VIP chat groups and easy money transfers. It also considers Ken's broader applications for app monetization and micro payments. Despite its promise, Ken's future remains uncertain as it is not yet fully integrated into Kik. The video concludes with a cautionary note about the speculative nature of Ken.

What is Kik Messenger primarily compared to in the video?

• Facebook Messenger

• Telegram

• WeChat

• WhatsApp

What was the fundraising target for Kin's ICO?

• $125 Million

• $150 Million

• $98 Million

• $100 Million

Which platform was initially considered for building the Kin token?

• Bitcoin

• Ethereum

• Litecoin

• Ripple

What is one potential use case for Kin within the Kik platform?

• VIP chat groups

• Buying stocks

• Streaming movies

• Online gaming

How does the video suggest Kin could improve app monetization?

• By increasing ad revenue

• By selling user data

• Through micro payments

• By offering premium subscriptions