The tech industry is about to get its largest clue as to just how mainstream ICOs can become in the future.
Most of the estimated $1.7 billion that has been raised this year from ICOs (initial coin offering), also known as token sales, has been from companies or projects built around the blockchain technology that powers crypto coins like Ethereum and bitcoin. Most of those token sales have centered around ambitious products that are not yet assembled but will be developed using the proceeds. The companies behind the ICOs themselves are, for the most part, fairly new, and certainly far less mature than the average IPO candidate.
In short, ICOs have barely touched mainstream tech companies yet.
But that all changes this week as Kik begins selling its Kin token…