Well.. there's a sad announcement to be made here.. in case anyone is wondering about one of the following..
"What happened to PTCShare"
"What happened to Paidverts"
"What happened to MyTrafficValue"
Well it looks like the MyTrafficValue network has gone down for good, which is a pity as they have been one of the longer standing group in the PTC industry.
They've had their ups and downs over time, however the past few years the situation kept on becoming worse and worse when it comes to their funding.
Their members activity kept on dropping as their BAP / Royalty Shares / Ads exchange systems slowed down making their profitability drop to near zero levels for their publishers.
There were no new projects they published for such a long time and investors lost their interest.
As their funding sources dropped one by one it seems the end was inevitable, and was only waiting for the final hit, which came from their payment processor as Perfect Money decided to freeze their account, blocking one of their main payment gateways.
So in case you're looking for their final annoucement, I managed to get my hands on it:
Quote:The End - Bankruptcy of Paidverts
In the past few weeks, disaster struck—our main payment processor, Perfect Money, disabled our account and began blocking accounts for users worldwide, affecting most countries.
If you're familiar with the company's situation over the past few years, you'll know that we've been running on minimal monthly upkeep, as revenues have barely covered server and other essential expenses. Over the last three years, revenue has dried up to the point where we could scarcely cover our costs, and our remaining team did everything possible to keep operations running and to pay as many users as possible. Many staff continued working with minimal or even no pay, despite being behind on payments by one or two years.
This has been a challenging year, with significant setbacks including losses from payment processors, hacker exploits, cryptocurrency crashes, server issues, and shutdowns. Despite these challenges, we persevered as long as we could. However, with the recent loss of Perfect Money and our main product, PlayPerfectMoneyGames, we can no longer afford even minimal upkeep.
For these reasons and more, we regret to announce that we will no longer be able to operate. Please see our forum for a more detailed post on the situation.
A warning/tip for all PerfectMoney.com users:
If your account is still active and you have funds in it, we strongly advise moving your money elsewhere, as it appears they are continuing to block more accounts.
We thank you for your support over the years and are saddened that it has come to this point. This outcome was inevitable given the many external challenges the business faced. We wish you all the best.
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