Hello everyone,
Over the past week I have consulted with several longtime community members to get their opinions on the future of Bytecent. As I explained several weeks ago, I have been in talks with another company interested in acquiring Bytecent. However, a community member contacted me asking if I would make Bytecent open source. The community member convinced me that if Bytecent is to get accepted on other exchanges, and allow other community members to push the project forward, it will need to be open source. We tried the closed source approach, and its clearly not working. Making Bytecent open source would end any prospective deal with the company. I discussed making Bytecent open source with them, and at first they were open to the idea, but then they changed their mind. The problem is, when I started Bytecent I had agreements with people who helped get the project started and I just cant make it open source.
If the community can raise 0.7944 BTC, I will immediately make the source code public and handover the project to the community.You can use the follow link to contibute: https://tallyco.in/s/qg6zmd/Best,
Christopher