Why would I upgrade when there were 0 extra features I needed? That was also one of the reasons it was so hard to migrate when they did eventually kill off MYKI - no other password manager, including Bitwarden, offered the breadth of features MYKI did in their free tier. I could store unlimited passwords & unlimited 2FA keys, and have them synced across unlimited devices. I was also one of their free users who refused to upgrade because I never felt any need to.
The problem with MYKI was simple: they didn't want to charge the majority of their users to encourage higher signups, more growth, etc. Most teams either don't want a password manager ("not a problem" scenario) or they are already using a different one (LastPass etc.). Their intended customers were teams and businesses but turn out there are not that many of them. If you haven't used or heard of MYKI, here's what it offered in its free tier:Ī very appealing offer for most users. Underneath all the corporate speech their plight was simple: it is very hard to turn a profit for our company so we are deciding to move to other venues. In March 2022 I received a very well-intentioned message from MYKI Security, the company behind the MYKI password manager.
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