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How KIN Can Change the Social Networks | Blockchain Central

How KIN Can Change the Social Networks | Blockchain Central

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the functionalities that Kik Messenger aims to provide beyond messaging?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the target amount for the Kin ICO, and how much was actually raised?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

Why did the Kik team decide not to build their token on Ethereum?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential use cases for Kin are mentioned in relation to Kik Messenger?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about the future of Kin and its integration into Kik?

Evaluate responses using AI:

OFF

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