Frequently Asked Questions

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What is MoneyByte
MoneyByte is NextGen digital money backed with its own blockchain. The MoneyByte blockchain is a decentralized blockchain powered by Proof of Stake and Masternodes. MoneyByte is co-owned by the 2 administors: Willem de Boer (Holland) and Pete Newland (England). They are assisted by a team of professionals. Developers, technicals and marketing. You can meet the full team at https://www.moneybyte.org/our-team/
Why the move from BitcoinMonster to MoneyByte?
The BitcoinMonster project started at the beginning of 2018. "Monsterize Your Asset" was the main theme and a start was made on building a POW + MN blockchain.

This BitcoinMonster Blockchain was launched on March 21, 2018

By the end of 2018, the BitcoinMonster team was so exhausted that developments were at a very low pace. It was at that very moment that 2 team members who were there from the start decided to take over the project AND to restore the goal that was already there from the beginning (making a professional coin and a future oriented blockchain).

Willem de Boer and Pete Newland became the BitcoinMonster admins. They decided to first put the current project back on the map. The first 3 months of 2019 were fully utilized to complete all developer tasks from the end of 2018.

After completing all the developer tasks that still needed to be done, Pete and Willem started thinking about the future. A professional coin means that perhaps a rebrand must come and the question had to be asked: "Is our current blockchain still focused on the future?"

After much consideration and consultation, the MoneyByte idea was born. Bitcoin Monster needed to transform into MoneyByte!

The first thing Petey and Willemy did was build a team. And while this was being done, work started on putting ideas on paper and developing some of them. The whole rebrand was completed before the start of the second quarter of 2019 and by then we could really work on the technical aspects. We started the coding on a complete new blockchain and all other technical aspects.

At the beginning of the summer we were completely ready and the testing could begin. Our team started testing the MoneyByte blockchain. After weeks of testing, the team decided that the new blockchain was ready. We could start with the preparations to launch the blockchain.

On October 1st, 2019 the MoneyByte blockchain was launched publicly!
If I don't have any MoneyByte Coins how can I get some?
You can buy MoneyByte coins at 7 exchanges.

These 7 exchanges are:
GravieX
TradeCX
Unnamed.Exchange
NLexch
ZEON Exchange
Nortexchange
iHost Buy&Sell

If you do not want to buy coins at an exchange, you can also invest right at us. Please fill in this form to get in contact with us Get MoneyByte
What happens if a hedged masternode project (I invested in) is abandoned?
Your percentage share is calculated in MoneyByte and paid in Moneybyte. At anytime you can request the withdrawl of your MoneyByte no mater what happens to the project it is linked to. MoneyByte owns the masternode and retains all risk associated with the project invested in.
Question 5
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