TOK:Regulatory Uncertainty Causes Indefinite Postponement of K.im Token Sale_KEN

SinceweannouncedthedebutofKimcoinontheBitfinexTokenSaleplatform,theregulatoryenvironmenthasrapidlyevolved.TherisksassociatedwithraisingfundsfortheK.imtokensalehavebecomeclear,andwemustputourcommunity'sbestinterestfirstandforemost.

Aftercarefulevaluation,weregrettoannouncethatBitfinexTokenSalesandtheK.imteamhavemutuallyagreednottoholdthetokensaleatthistime.K.imwilldeferanydecisiononwhethertocreatetokenson,orundertakeatokenissueinrelationtotheK.implatformuntilitisfullyfunctional.

Inthemeantime,theK.implatformprojectitselfwillcontinueanditislikelythatanequitybasedofferwillbemadesometimeinthenearfuturetoqualifyinginvestorswhowishtobecomeinvolvedatthisstageoftheproject.

TheK.improject,whichhasreceivedremarkablesupportandhasworkedincrediblyhard,willcontinuebuildingandwelookforwardtofollowingtheteam'sprogress!

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