Winding down MoneyPot operations
We would like to announce that the MoneyPot interface and public facing portal will be winding down and taken offline. This means that the multi-crypto wallet services as well as the applications running on top of it, will no longer be available as of September 14, 2019.
What this means to you
As Monster Byte winds down MoneyPot, we will be limiting the functionality of MoneyPot to withdraw only.
If you are a MoneyPot user, please ensure that you request to withdraw all of your funds within the platform and wallet before September 14, 2019 to a secure wallet that you control. To help ensure as seamless a transition as possible, MoneyPot will lower all minimums and withdrawal fees for the duration of this winding down period.
If you are not sure what to do, please reach out to us at support@moneypot.com or fill in the Contact Form at https://www.moneypot.com/contact.
Why we are closing down MoneyPot
The closure of MoneyPot stems entirely from a business rationale, and only after careful consideration.
With MoneyPot, we had hoped then that the recognized names in gaming in MoneyPot and related apps would help new coin communities find more utility. At the same time, we intended to support the Waves platform and Waves-based tokens, believing their smart contract potential and scalability were still very much underestimated.
When Monster Byte acquired MoneyPot in January 2018, our primary interest was in the underlying technology, which we have spent the past year fine tuning so it could better fit our near — and long-term vision.
That motivation has not changed! And that means that it’s not quite lights out yet for the technology behind MoneyPot, which will continue to live on and develop in the backend of our business-to-business (B2B) product line, rather than in its previous iteration as a direct-to-consumer platform.
Onwards and upwards
As we have consciously and consistently communicated in our past messaging and in our quarterly reports, the longer-term view has always been in the direction of further developing our B2B prospects.
Moving forward, we will focus on our commitment to this direction, and continue developing our technology for solutions including an optional player CRM, secure wallet solutions, and universal bankroll for both our Casino and Sportsbook offerings which will be available for clients later this year. The technology supporting these new products stem directly from the MoneyPot intellectual property we have refactored and scaled over the past year and a half.
We thank you for your past business with and use of MoneyPot. We hope to enjoy your continued support for Monster Byte and look forward to your continued feedback and utility of these upcoming technology offerings and solutions!
