This edition of Consumer Notes highlights key developments in consumer crypto, including the rise of innovative platforms like Makememe.now, marginfi's The Arena, and dumpy.fun, which are pushing the boundaries of meme coins. It also covers major updates such as the launch of the Pudgy Penguin Consumer Chain on Abstract's testnet, Telegram's new crypto-integrated browser and mini-app store, and Blackbird's Flynet, a blockchain-based payment system aimed at revolutionizing restaurant loyalty programs.
- Blackbird introduces $$FLY for cross-restaurant loyalty rewards and savings on card processing fees.
$$FLY introduces cross-restaurant loyalty rewards and allows restaurants to save money on card processing fees by accepting it for purchases. Blackbird's recently updated Flypaper introduces Flynet, an upcoming L3 powered by the F2 token that will be the hub of Blackbird activity. F2 will be distributed based on FLY usage. Blackbird hopes to commoditize the experience of being a restaurant “regular” by sharing data within its network and creating an interaction flywheel.