RE: Why Kik Kin ICO Could be MAJOR Profit Opportunity

[sagaluke]

Great summery, thank you. Did you see anywhere what the cost-per-token during the ICO is? I can't find it (though I'm sure that's just me).... Thanks!

Comments

[tomshwom]

We will sell 1 trillion Kin tokens for $125 million. Of that amount, $50 million has already been sold in a presale, which received a 30% discount, comprising 488 billion Kin tokens. The rest will be sold for $75 million during the TDE, comprising 512 billion Kin tokens.

https://medium.com/kinfoundation/kin-tde-if-you-want-to-participate-you-must-register-by-september-9-9-00-a-m-et-2f1304a4aa4b

If my math is correct, each token should be ~$0.000146484375, or about 6826.67 per $1. Seems like a lot, but remember that they will be earned as microtransactions and voluntary ad watching payouts like Kik points are.

[irm]

The exchange rate is: $289 = 1 ETH = 1,973,581 Kin.