This is an important update, so please put some time aside to read it.

From the day we took over, we’ve done everything in our power to do what we believed was the best for the coin. Masternode hosting has been our main use case, and something that we believed we could do well and be competitive in. With the large number of masternode hosting companies/coins around now, that is no longer the case. We’ve also had a couple of challenges such as needing to cover someone spinning up a bunch of $0 nodes and not alerting us about the issue and the big elephant in the room - Coronavirus. We had been trying to put money aside for a rainy day to both keep everything going and build the project, but the current situation has backed us into a corner where we will be very close to having lost money after paying off the items that have helped us get back on our feet. Because of these challenges we’ve decided that Mano Host needs to come to a close. What this means is that those who have funds on the platform will receive an email in the coming fortnight and refunds will be provided in Eth (due to low transaction costs). For those who currently have nodes running, these will continue to run until their expiry date. While we would love to continue running Mano Host, the amount of hours worked for no reward means it doesn’t make sense.
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What happens next is up to the community. We’ve done a lot of work over the past year which has involved substantial cost. We had the blockchain change, swap, an explorer server running 24x7, revision of our masternodesonline listing and a new wallet (among other things). The major outstanding item now is to get on another exchange. Whether that’s by implementing BIP65 functionality for Blocknet or paying for listing on a centralised exchange. BIP65 will need to be paid for, as unfortunately our dev has a backlog of work so we think it’s unrealistic (and to be honest, with the current world situation also a bit mean) to continue asking him to help us for free after he’s already done so much.

What we would like to do is hand everything over bar hosting to a person or group of people willing and capable of taking on the project, and having the community assist these people(s) through bidding for work via governance. This isn’t a one person job, and if anyone is up to the challenge they will need help from the wider community. Doing the Alqo coin spotlight was an eye opener as they were in a similar situation to us only a few months ago and have managed to completely turn it around. But, it’s taken a tonne of work from a lot of people. I believe we can do the same if everyone is willing to pitch in and help with the specific skills they have. I will also help where I can, but the time which I put into Mano is going to need to be substantially reduced.

If you are interested in helping and have the skills/experience we would love to hear from you at admin@manocoin.net.