Purse was founded in 2014, and our engineers have been very active with open-source development. We used Purse’s Marketplace as a vehicle for many of our improvements and contributions, whether it was the Bcoin implementation or creating Handshake.

We thought about shutting down the Marketplace to focus on these exciting projects, but our community feedback made us realize we miscalculated the Marketplace demand. That's when we begin reorganizing the company to focus exclusively on the marketplace while spinning out our other innovations as their own projects.