Monster Byte 2018 year in review

We hope everyone had an enjoyable and safe Holiday Season and also hope this new year brings plenty of happiness and prosperity all our supporters, advocates, and partners.

It’s not been an easy road, and while the traceback of the cryptocurrency market has put strain on our operations, we should not let that overshadow the huge milestones and accomplishments we reached in 2018. Our close followers know that we’ve spent the majority of our time and resources over the past year on research and development which we are positive will propel us in 2019 and beyond.

We’ve highlighted the major deliverables and themes we’ve accomplished below:

B2B Casino & Sportsbook

• We created an easy to consume set of restful Sportsbook APIs which takes both fiat and 1000s of cryptocurrencies for bet placement
• Our engineering team designed and built the world’s first machine-learning applied AI model which can accurately predict and hedge high-risk or sharp wagers through the Sportsbook API, allowing operators to run a Sportsbook risk-free and guarantee at least a 1% — 5% hold on all bets placed. **
• We re-wrote and published all of our Provably Fair Casino APIs in python which allows us to scale more efficiently as more partners are on-boarded onto our casino solutions **

** Both the Sportsbook Solution and Provably Fair APIs are world’s first, there is nothing like what we are offering on the public market available for wholesale consumption. Find out more information and a quote at https://www.monsterbyte.io/contact

B2B Adoption and Recognition

• BitcoinRush.io (the world’s first Provably Fair Casino and Sportsbook) leverages Monster Byte White-label products exclusively. Their sportsbook was recently recognized as having the best odds of all cryptocurrency Sportsbooks: https://bitcointalk.org/index.php?topic=5040737.0
• AlteCarlo.com will be going live with a Monster Byte white-label Casino solution in January, and we have another cutting-edge cryptocurrency platform (name withheld until their launch) launching soon after.

MoneyPot

• We acquired 100% of MoneyPot intellectual property and assets in 2018.
• We refactored a significant portion of the MoneyPot backend, making it easier to maintain and conform to Monster Byte coding standards.
• We extended the MoneyPot platform, exposing APIs for all critical account functions, ultimately making it more developer-friendly and easier to build robust applications on top of it.
• We launched a self-service portal on MoneyPot.com to allow for easy and simple App on-boarding and developer help guides which helps innovators build their own games quickly and cheap (free actually).
• Finally, we developed a custom cryptocurrency exchange, Nessie.io, on top of the MoneyPot APIs (*live in beta mode, awaiting license before full-scaling)

Profit Sharing

Even though we were in full “build mode” for all of 2018, we maintained profitability throughout the year based on strong performance from our bootstrapped operations and lean operations. In fact, this year we returned nearly $75,000 of profit to MBI token holders through bitcoin airdrops on the Waves blockchain.

What’s next?

We are extremely thrilled about new opportunities which are soon to present themselves which will provide vindication and validation to our business model, as well as everyone on the team that has put in countless hours into the products we’ve built and launched.

And while we have many challenges to tackle in 2019, including gaining better awareness for ourselves and our products, we remain confident our team will hit the ground and continue the momentum we’ve built for ourselves in 2018!

Thank you for all your support!