KIK mobile chat app WAS going to shut down

A few weeks ago I read that the semi-popular KIK messaging app was going to shut down. IT was said that they put all thier hopes into doing some kind of new bitcoin like digital currency thing and that they were warned by the US securities commission that it might not be right to do so. Or something like that. Anyhow it seems that they were not able to roll out this kik-coin thing in time to rake in the millions from an “ICO” – and so they ran out of steam and were pulling the plug, with some of team staying behind to work on the new digital token thing, without the app able to keep it’s bills paid. At least that’s what I remember from a couple of articles / discussions – that may not be accurate or the best way to put it – it’s just what I read between the lines perhaps.

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