Kin Newsletter: August Edition 2020

Gate.io lists Kin, Kin Ads generates consumer demand for Kin, Kin Foundation appoints the second Kin Representative, and more... August 2020 Kin has the unique ability to bring developers and users together to contribute to the same goal - the growth of the Kin Ecosystem. The last month has seen significant progress towards this goal. The adoption of Kin continues to rise and the Kin Economy economy continues to mature.  More and more people are spending Kin across the ecosystem and an increasing number of those users are acquiring Kin through ad sponsored earning. This is creating real demand on the open market with users buying Kin with their time and attention in the Kin Ecosystem.  PeerBet, an app built specifically for Kin has enabled ad sponsored earning, resulting in a spike in users over the last two weeks. In total, 7 of the top 10 Kin apps are now generating revenue through ads, and a number others are in active development. We are  seeing the growth of a real economy built around Kin, backed by sustainable consumer demand. As the demand for Kin has increased, so too has liquidity. Following last month's listing on Bithumb Global, Gate.io, a leading digital asset exchange, recently listed Kin for global trading. This has opened up more opportunities for people around the world to participate in the Kin Ecosystem. You can read more about the Gate.io listing below. The Kin Foundation has also recently announced the appointment of the second Kin Representative, Will Gikandi - the lead developer of projects such as the "Kin Bubbles" transaction visualizer and "Tipster" browser extension. The addition of Will not only increases the decentralization of the Kin Foundation governance, it also brings more diversity of perspective to Kin, thanks his background as a developer. You can find out more about the new Kin Representative in this month's newsletter. Read about these exciting developments and more, in the August Edition of the Kin Newsletter:  August 2020 Contents Demand for Kin Rising with Ad Sponsored Earning and New Exchange Listing Expanding the Kin Representatives Kin Economy Report: July 2020 Kin Foundation Minute  Demand for Kin Rising with Ad Sponsored Earning and Gate.io Listing  Across the Kin Ecosystem, major efforts to generate real demand are coming to fruition. The Kin Ads team has reported a revenue increase of more than 103% in the last two weeks as developers introduce more ways for their users to earn Kin for their activity. This growth was driven by the success of the Kin Ecosystem apps themselves, as they continue to up the ante with implementation to their users.  You can read more about this spike in consumer demand here: https://medium.com/kinblog/kin-ad-network-revenue-grew-by-103-over-14-days-83fffcc2e588 As adoption of Kin continues to grow, the ecosystem is expanding its global reach. Gate.io, a leading digital asset exchange known for its large user friendly experience and broad userbase recently listed Kin for trading. After announcing that they were considering listing Kin, the Kin Community came together to win a vote competition by more than triple the number of its competitor. This just goes to show - the Kin community is a force to be reckoned with. Kin is now available for trade on Gate.io here: https://www.gate.io/trade/KIN_USDT   Expanding the Kin Representatives In April, the Kin Representatives initiative was announced - the next step in Kin Foundation governance. Kin Representatives attend monthly board meetings and advise the Kin Foundation Board on pertinent topics, informing their votes as the Kin Foundation acts on its mandate to grow the reach and impact of the Kin Ecosystem. This month, the Kin Foundation announced the appointment of the second ever Kin Representative, Will Gikandi - also known in the Kin community as u/kidwonder. Will is a long-time contributor to the Kin Ecosystem and the head developer of projects like the Kin Bubbles transaction visualizer, Unity Gaming Challenge winner Catpurse, as well as the  "Tipster" and "Kin Price" browser extensions. By diversifying the representation of Kin Representatives, the Kin Foundation will be able to more effectively allocate resources and make decisions that benefit the Kin Ecosystem. You can read more about the expansion of the Kin Representatives here: https://medium.com/kinblog/expanding-the-kin-representatives-5434f81383f9   Each month, the Kin Foundation provides an update on key metrics that are used to analyze the strengths and weaknesses of the Kin Economy. These metrics are intended to be leveraged to drive real demand for Kin, which is demand based on the utility Kin provides.   This month, we can see a notable continued increase in the Bought/Issued Ratio for Kin. This reflects an increase in the amount of Kin bought for goods and services per Kin issued by the Kin Foundation.  Dive into this month's update here:  https://medium.com/@kinfoundation/kin-economy-report-august-2020-fd1b96624d87  A Kin Foundation Board Meeting was held July 20, 2020 and was attended by Kin Representative Matt Hannam, as well as representatives of Kik Interactive Inc.  At the meeting, the Board approved: Kin's entry into the Gate.io community vote competition A proposal to leverage the Kin Community Council to do routine health checks of Ecosystem applications The Board also selected William Gikandi to be the next Kin Representative   The next Foundation Board Meeting is scheduled for August 17, 2020.   Kik Messenger Joins the Kin Rewards Engine https://medium.com/kinblog/kik-messenger-joins-the-kin-rewards-engine-274c54c63bfe  Cuppa Kin #4: August 2020 (Featuring Kin Ads AMA) https://cuppakin.com/   KRE 2.2 Approved  https://github.com/kinecosystem/rewards-engine/blob/master/accepted/KRE-v2.2.md  Community App Review: PeerBet https://kinkre.com/blog/peerbet-kin-app-review/  Unsubscribe