You will soon notice something new has been added to Nearby. We have introduced a new reward system called Kin. We first announced our plans to add Kin to the app a few months ago. In response to the feedback we heard after the announcement, we decided to go in a slightly different direction than we originally communicated.
Kin will no longer be replacing Nearby Points. Both rewards systems will be available for the foreseeable future. You will be able to earn Kin by completing surveys and performing certain actions within the app. Kin can be used to purchase Nearby Points. Nearby Points can be used to send virtual gifts and feature posts, just as today. Also just as today, Nearby Points can still be purchased using real money. Kin is just an added way to obtain Nearby Points without spending money. We are very excited about adding Kin to the app and hope you are also!
Here are some in-app videos of how it all will work.
Here’s how you will first be introduced to Kin once it goes live:
Here’s one of the ways you’ll be able to earn Kin:
Here’s how you will be able to spend Kin:
And finally, just like Nearby Points, you’ll also be able to send Kin to other users:
This is just the very start of what we plan to do with Kin. We hope you’ll give it a try and let us know what you think!
History of Nearby Points
Since its introduction several years ago, Nearby Points has proven to be one of the most successful features that we have launched. Adding a virtual economy to Nearby made many other features possible as well, such as featuring posts and virtual gifts. From a business perspective, this feature also generated revenue which helps to keep everything running.
We have decided to transition Nearby Points to a new system which will better allow us to realize the original goals for Nearby Points. Specifically, we will be migrating to a new virtual currency called Kin. Kin is an open collaboration between many different social networks, apps, and other platforms. One of the most well-known apps that will also be integrating Kin is the Kik Messenger app.
Unlike Nearby Points, you won’t be able to purchase Kin using real money. Instead you will earn Kin for doing things like reporting bad content, messaging new users, or completing surveys. You’ll be able to use Kin to purchase the same in-app items that you can today, but you’ll also be able to use it to purchase real-world items, such as gift cards. Eventually, you’ll also be able to transfer Kin to and from other apps.
Migrating from Nearby Points to Kin will take some time and there will be some changes along the way that you might notice. In a few days, you will no longer be able to purchase Nearby points with real money. We will also be suspending the ability to transfer points to other users.
It will take 2-3 months before we are able to release Kin within the mobile apps. At that time, we will be converting everyone’s Nearby Points account balances to an equivalent number of Kin. More details on that exchange will be made available closer to that date.
We are very excited about Kin and all the new features it makes possible. We will share more details throughout the transition. If anyone has any questions, feel free to contact us at firstname.lastname@example.org.
Here are some places you can learn more about Kin:
Nearby Live has reached the one million monthly active user milestone! That means that over a million different users have used Nearby Live over the past 30 days. This is a really huge deal for us, but what really excites us is that things are accelerating exponentially!
So we would like to extend a huge thanks to all of our users for using the app and for telling their friends about it. We receive stories everyday of people meeting a new friend, partner, or bff on Nearby Live so we must be doing something right! Best of all, we are just getting started! Stay tuned!
Over the past few months a number of high profile hacks of social networks (Tinder, Secret, LinkedIn, AFF, Ashley Madison) have taken place which demonstrated how important it is that users be in control of the data they share. We strongly believe that anything you upload to Nearby Live is still yours to do with as you want. To enable our users to better exercise their control we have added a new Privacy Center to the Nearby Live website.
The new Privacy Center allows you to manage:
You can also easily remove some or even all trace of your account data from our servers. Unlike one recently hacked social network (Ashley Madison) we never charge any fee for removing your data.
All of these new features are available now on the Nearby Live website. Some of them have already been added to the mobile apps and eventually they will all be accessible from them.
It’s official – Nearby Live is now available on Android! Download the app, or tell your Android owning friends to download it.
Points on Nearby Live have evolved a lot since we first introduced them two years ago. Originally, they were intended to reward users for their activity on Nearby Live and were distributed based on the amount of time spent in the app. We soon realized that we wanted to only reward quality participation, so we made an incentive based system that tried to identify quality posts and distribute points accordingly. We also added the ability to purchase points using real money and this has slowly become a large part of the revenue that supports our operations. Users purchasing points has allowed us to keep from having to add any additional advertising to the mobile apps/website.
Somewhere along the way while evolving our point system, things became a little crazy. Substantial inflation took place and gift prices went from 100 points to 25,000 points. This was confusing for everyone.
We have decided to simplify things. We have made the following changes to how the point system works:
We have modified the value of a point by a factor of 50,000. Here is what that means:
We have made or are in the process of making the following additional changes:
Hopefully this post will help avoid any confusion caused by these changes. If you have any questions or comments, please do not hesitate to contact us at email@example.com.