Okay I found their May announcement, which has a link to their video presentation by the founder of Kik Interactive.

The killer feature of their Kik chat was users did not need a telephone number to signup, i.e. some anonymity. So that is probably why it became adopted for sex chats. Lol. Sweet mother-of-boobubbles. The Kik name is an excellent brandable choice for a chat app.

This project is a serious competitor to the project I am launching because they are attempting to accomplish the same thing in terms of an ecosystem for apps, and they have the advantage of having a large userbase to market to.

However, they have a significant disadvantage compared to my project in that they are basing this on an ERC-20 token, yet Ethereum can't scale to millions of transactions per second. They are going to be limited in terms of kinds of apps and kinds of monetization gamefication they can enable because they simply do not have my decentralized ledger technology.

Also being that it was issued as an ICO, the token may get encumbered as an illegally issued security in global jurisdictions.

I initially had the thought of trying to call them. But I would presume they are going to be quite uninterested in changing direction immediately. They already sold the ICO for the Kin token. So maybe it is better to let them dig a hole for themselves first, then come to their rescue later. Hmmm.

The name Kin is above average good for a creative token name  (one syllable, reasonably apt connotation, etc). I think our one syllable (4 letters) name (which is both our social media domain and the token name) is better. I think we really hit a homerun on the name (it’s not Hypermesh).

This is very interesting. Competition is definitely heating up.