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Kim Dotcom launches Kimcoin for content monetization, Bitfinex to support token sales

Arijit Sarkar

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Kim Dotcom launches Kimocoin for content monetization, Bitfinex to support token sales
Source: Pixabay

Kim Dotcom, the prominent technologist that created Megaupload, has remained dormant owing to the strict allegations posed by the U.S. government against his company’s “criminal” motives. On the flip-side, Dotcom has seemingly rekindled his love toward latest technology as he announced,

“I believe K.im will be bigger than anything I have ever done before and all my previous sites combined had over 300 million users 😎”

According to the company website, “K.im (as a content monetisation platform) aims to bring one of the biggest revolutions in the digital content distribution and monetisation industry” through a comprehensive suite of advanced services and technologies to manage, protect and sell every digital content. The infamous entrepreneur also shared a video to share some of the key details related to the project. Sharing a peak into his crypto initiative, Dotcom stated,

“Kimcoin is build upon Bitcoin and is utilizing Liquid and Lightning (networks) for smooth transactions.”

In the video, Dotcom also focused on the need of solutions that can fully utilize crypto and “K.im is exactly going to do that.” Taking cues from his previous business ventures, he is certain of Kimcoin’s success in democratizing finance for a global audience.

Adding strength to the initiative, crypto exchange Bitfinex will be conducting its Bitfinex Token Sales initiative in tandem with Dotcom’s partnership. The exchange tweeted in this regard,

Introducing Bitfinex Token Sales, a comprehensive digital assets offering & launch solution supporting high-quality crypto projects over the long term. K.im will be the first token sale on BTS.”

 

Arijit is a full-time journalist at AMBCrypto, who focuses on the XRP and Ethereum ecosystem. Leveraging over three years of experience in media and Majoring in Computer Science, he covers the technical developments in the crypto ecosystem

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