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The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created.

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Enjoy a striptease, roleplay, or let your imagination soar. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems. Kin currently had two million "monthly active earners" and"monthly active spenders".

You never know where it may lead. Explore your deepest fantasies with people just as wild as you. No date has been given for when the Kik app sect close.

As well as fighting in court, Kik Interactive would also work to convert the millions of existing Kin users into more frew customers and buyers, Mr Livingstone said. The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created.

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Get Your Sext on with Other Kik Users For our masters of sext, flex your skills by exciting the imagination of those around you. He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade". And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. Related Topics. Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency.

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Access to their snapchat, kik, skype and more are just a tap away. The app has also proved controversial and a Set News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years. The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange.

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The decision also means that 80 staff who keep Kik running will be let go. In response, Kik said it was "constantly assessing and improving its trust and safety measures".

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Kik Messenger launched in and proved popular largely because it lets people register jik use it without providing a phone or other credentials. Unfortunately, our website is currently unavailable in most European countries.