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It was a good run but Atomic Finance is winding down and merging its IP with Lygos a Bitcoin lending platform.
This is bitter sweet for me. I was a beta tester of their app and used their products to try to gain yield on my BTC. Tony and Matt were a great team the community was strong and I really enjoyed the app.
But with the KYC shakedown that happened they pulled out the American market. I knew once they did that their app was doomed to generate any real revenues and now another great DLC product comes to an end.
I know this must be tough for Tony and Matt (who I met in person at TABCONF last year) but hopefully this new venture they refocus and work on delivering a new product to the Bitcoin ecosystem that all Bitcoiners can benefit from.
53 sats \ 1 reply \ @OT 7h
Not enough interest in DLC's or not enough marketing to get through the noise?
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I think a little of both
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I had their app for awhile and it always seemed the funds were full so I thought it was doing well. I never invested though.
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