Kin Economy Monthly Update - October '24

Each month, the decentralized Kin community moves closer to our shared vision of building a global digital economy with Kin. United as developers, stakeholders, and innovators, we’re aligned in our efforts to expand Kin’s reach and create lasting value as adoption grows.

October marked a significant month, filled with progress that has brought us closer to realizing this vision. Let's review the latest updates from our journey over the past month and look forward to what’s on the horizon as we continue to build momentum.

Flipchat Coming Soon

This month, Ted Livingston, CEO of Code Inc., revealed some new details about the upcoming app, Flipchat. At its core, Flipchat will enable users to create group chats with a cover charge, a Kin-based fee that is designed to facilitate more meaningful interactions, reduce spam, and provide communities a way to monetize their spaces. Users will have multiple ways to earn and spend Kin within the app, paving the way for a social media experience that will redefine digital payments for a mainstream audience.