Months After Raising a $100 Million ICO Kik Founder Calls Blockchain”Unconvincing”

At the True North tech conference earlier this week, Kik CEO Ted Livingston expressed his surprising opinion about blockchain: “Almost nobody should be looking at it.” Kin Founder Belittles the Blockchain What made the statement highly pessimistic is the fact that Livingston raised over $100 million via an Initial Coin Offering for his company in 2017. However, the CEO explained his ideology as the conference proceeded, providing respite to attendees: “Unless you’re trying to build one of the most-used cryptocurrencies in the world, it’s very low odds that blockchain is going to create value for you.” The entrepreneur provided insight … Continue reading Months After Raising a $100 Million ICO Kik Founder Calls Blockchain”Unconvincing”