ArtByte (formerly AppleByte) withdraws from the New York market

[First.Bitcoins]

Due to the requirements of the NY BitLicense, ArtByte has decided to withdraw from the New York market, effective today.

So the following services are no longer available to New York residents:

Grants and awards
Social media tipping apps
Official pool server
The Orchard (faucet server)

The ArtByte Foundation is a non-profit corporation dedicated to supporting artists around the world, through the technology of digital currencies. Although we believe regulation is good for the digital currency industry, the complexities and costs of complying with New York's far-reaching regulations far exceed those of any other jurisdiction.

We prefer to allocate our funds to supporting artists around the world. It is a shame that the artists of New York will be unable to participate.

[bb2ebb]

ohh why you withdraw from new york market? and great idea for supporting artists in around of the world through cryptocurrncy. so what cryptocurrency that will you use? bitcoin, or altcoin other 

[First.Bitcoins]

ArtByte still supports artists all over the world, just not in New York.

[notabeliever]

ArtByte still supports artists all over the world, just not in New York.

Please return charitable contributions to the NY supporters who contributed.