Although I am disappointed abiut Litepay shutting its doors I see the fact that it is normal for innovating projects to first fail when something is being born. Also, it is best that it failed now and not during an adoption phase of their product/service. Unfortunately, it seems that the hype got to the team (or leaders) and they could not handle the FUD, regulatory environment, and general price declines. With this perfect storm, they could not have the discipline to achieve their goals. However, the opportunity remains and another project will figure it out as the community learns from this experience. With the Venture Capital available out there, I would not be surprised to see LitePay’s assets be bought and revamped for the same means.
You are viewing a single comment's thread from:
That Sounds Like It Could Hapen
I was thinking the same