Re: My Interview with CEO of Frozenbit.io, Multsignature Bitcoin Wallet
Are they for profit? If so, how are they making money?
You know we've never been for profit. Our main goal right now is to release something that people want. We've been grinding away at code, and reading papers all over the place. We've noticed something over that time, people want something in particular and we're going to try to provide that. To be detailed that thing is opensource, multisignature and things you control. Those are the best things, and we actively agree. Just know things like that take time to get right and secure.
Stay updated for an announcement on this thursday. And a video that will be attached to it
- Calvin, CEO FrozenBit
Is this a sort of freemium business model type strategy where you offer the product free to as many users as possible and then figure out later how best to monetize it? Or do you intend to keep the project non-profit?
I don't think there is anything wrong at all with eventually wanting to profit off of your work for what it's worth. I'm just curious.