Bitcoin Wallet Maker WoodWallets to Sell Business

The owners of WoodWallets.io have announced that the business has suspended operations and is now for sale.

By Pete Rizzo

Feb 20, 2015 at 10:40 p.m. UTC

Updated Sep 11, 2021 at 11:33 a.m. UTC

Pete Rizzo

The owners of WoodWallets.io, the makers of handcrafted, wood-carved bitcoin wallets, have announced that the business has suspended operations and is up for sale.

The full post

stressed that the owners were stepping away from the business due to unspecified personal reasons, and that they were unable to approach WoodWallets with the “same level of passion and dedication”.

The post recalls the origins of the project, which began one year ago after owner Nico issued a post on Reddit, before detailing how the owners want to move forward with the sale.

Nico writes:

”We would be more than happy to leave everything we built so far in the hands of a company or an individual who is capable of running it with the same level of passion – possibly even more – that we kept during this year.”

Nico went on to speculate that the alternative would be to allow the project to become another “boring online shop”, one that would lack the community spirit that he contends led to the sale of hundreds of Woodwallets.

CoinDesk received a specialty version of the Woodwallet this summer, at the time noting its careful and artful packaging, and elegant design.

The post concluded: “Whatever happens now, we will keep a good memory.”

Images via Woodwallets.io

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