A very difficult funding environment for early-stage P2P and media startups, like Bitzi, has recently only gotten worse.
As a result, Bitzi has had to adopt a policy of extreme cash conservation, to give our project the best long-term chances of success. Last month, that meant we stopped paying salaries and moved out of our downtown office.
The good news is that our operations and development will continue, albeit on a shoestring budget, and that a number of potential developments could enable us to again pursue expanded operations soon.
Robert Kaye and myself will both be presenting at the O'Reilly Peer-to-Peer and Web Services Conference in Washington, D.C. this upcoming week, and we are also planning a "Perseverance Party" for our team, users, and supporters in San Francisco November 20th. More details to come.
Thanks to everyone who's helped Bitzi so far. We look forward to your continued participation -- there's still a big future for cooperative and open media cataloguing!
- Gordon Mohr, Bitzi Founder & CTO