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Video shows Kik CEO discussing ICO pre-sale: "It will become super valuable"
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Quick Take
- A video from 2017 shows Kik’s CEO Ted Livingston discussing the Kin token, which is now at the centre of a court showdown with the SEC
- Livingston talked about the potential of “awesome” returns if Kin’s price rose and pushing a detailed use-case for it
- The contentious debate of ‘utility token vs security’ continues.
Ted Livingston, the CEO of unicorn-valued social media startup Kik, announced this week he would fight the SEC’s claim Kin tokens qualify as an unregistered security. The SEC issued a Wells notice, documenting their intention to sue Kik, and in response, the company became one of the first to defend its offering of an ERC-20 […]
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