[ANN] IPO of MaidSafe: Entering the Future of the Decentralized Internet

[bitity]

This is unbelievable! I'm losing so much money.

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[Johnny00]

This is unbelievable! I'm losing so much money.

Bitcoin price is up that's why all altcoin selling off. Don't try and day trade you might miss the next pump

[Mr.Charlie]

will this project be ready before the second coming of Jesus?

[Hyena]

will this project be ready before the second coming of Jesus?

this project IS the second coming of Jesus 

[yonton]

Just got liquidated wow didn't see this crash coming at all. I'm permanently out of this project.

[bighobbit]

Price can drop more. 100M cap is very big for this time.

[yonton]

The devs manipulate the price, I watched the buy walls pump and sell walls pushing the the price whatever direction they want.

[JUSTDLISK]

Just got liquidated wow didn't see this crash coming at all. I'm permanently out of this project.

What crash are you noobs talking about

[zeeman]

Great topic about how to setup a Vault. Very handy if you think about Farming Safecoin in the near future...

https://safenetforum.org/t/how-to-set-up-a-vault-from-home/13186

Enjoy!@!

[Rogerdale]

Can anybody describe what will be the purpose of MAID token in the SAFE network? Will I be able to earn MAID coins just by providing my computing power? If yes, what will be the rate?

[Hyena]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first 

[zrjawkn]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first 

hope that will be soon🙄

[Rogerdale]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first 

Why do you think so? They are almost ready to launch their product.

And I don't see any price manipulation. The price goes up and down in a relatively narrow range (comparing to the other pump-dump coins).

[bighobbit]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first  

Why do you think so? They are almost ready to launch their product.

And I don't see any price manipulation. The price goes up and down in a relatively narrow range (comparing to the other pump-dump coins).

1000 btc buy walls are manipulation for sell high. Now price correction.

[hypersire]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first 

If I was spewing as much BS as you I'd also be wearing a gasmask.

[zeeman]

Can anybody describe what will be the purpose of MAID token in the SAFE network? Will I be able to earn MAID coins just by providing my computing power? If yes, what will be the rate?

Yes, its quite easy to understand actually:

You can browse SAFE for free. Including downloading files. But to get an account you need some Safecoin. Same to buy a domain or to PUT (upload) data to the network. Prices will be very low as no one needs to build a datacenter to store the data. The rate is variable, it all depends on how many people are providing resources to the network. The idea is to always have 30% free space.

If you want to "Farm" Safecoin you need to run a Vault (you can test this now on TEST 16). You get paid (not currently in testnet) for delivering datachunks to the network from your Vault. if a lot of people do this, the price per mb. will go down. If not enough people do this the price will go up. That way the network will always be in balance. 

[jubalix]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first 

Why do you think so? They are almost ready to launch their product.

And I don't see any price manipulation. The price goes up and down in a relatively narrow range (comparing to the other pump-dump coins).

They have been almost ready almost all the time ...

[Hyena]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first 

If I was spewing as much BS as you I'd also be wearing a gasmask.

Oh my god did I just piss off a fannboy?!

There is definitely manipulation going on in MAID market for quite a long time already. Whether it is by the devs remains a speculation. Everything else I just said is truth. They launched another investment round (hungry for more money). They have been around for almost a decade (longer than Bitcoin). And since they are a profit driven company much like the Ethereum foundation they are most likely doing the same kind of sick anti-freedom shit like reversing transactions to save their investors.

[zeeman]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first  

If I was spewing as much BS as you I'd also be wearing a gasmask.

Oh my god did I just piss off a fannboy?!

There is definitely manipulation going on in MAID market for quite a long time already. Whether it is by the devs remains a speculation. Everything else I just said is truth. They launched another investment round (hungry for more money). They have been around for almost a decade (longer than Bitcoin). And since they are a profit driven company much like the Ethereum foundation they are most likely doing the same kind of sick anti-freedom shit like reversing transactions to save their investors.

Well, this is not your project then I guess  

MaidSafe had some small investors before they did a crowdfund in 2014 (I joined that one). They ran out of money in 2016 again, not so strange actually as they had around 10 devs working for them and things took longer. There were some extra coins left from the crowdsale in 2014 (owned by the MaidSafe Foundation) which they used for extra funding. They have to give these coins back 1 day as explained here:

https://blog.maidsafe.net/2016/05/31/maidsafecoin-announcement/

Is this wrong?? I don't think so. The Foundation was started by David Irvine and he gave away his own Maidsafe Stocks to the Foundation. David is an idealistic person and the foundation already helped kids to do some technical stuff etc.

https://safenetforum.org/t/maidsafe-foundation-introduction/6740

In 2016 they needed extra money because they didn't want to have funding trouble all the time. The MAID owners (like me) didn't had any dilution as there were no new coin created. Actually, there haven't been any new MAID created since 2014. The 19 million coins (from the foundation) did (partly) come to the market but this is only 4% of all coins out there.

So how did MaidSafe got extra money in 2016? well they sold a piece of their company using BankToTheFuture (I joind that crowdfund as well).

Here's the link: https://bnktothefuture.com/pitches/maidsafe-net

So that was 1,5 million dollar. Some of it was in BTC as well which got up in price quite a lot. MAID got up in price as well in 2016 so the team is doing well for the coming periods. They have quite some people work for them now as programmers:

https://github.com/orgs/maidsafe/people


Here's Uber's investments rounds:

https://www.crunchbase.com/organization/uber/funding-rounds

I count 16 of them in around 6 years    MaidSafe only did like 3 of them in 12 years.

Your claim about MaidSafe devs () manipulating the price doesn't really make sense. How would they do that? And why? They've had 19 million extra coins, which they sold (slowly) to keep the company running. If they dumped them they would've hurt themselves. Nowadays, how could they manipulate?? To double today's volume in MAID you need at least 1 million dollar. And we see days with even around 4 million dollar of volume. So if you see little pumps and dumps it's probably some other groups trying whatever. Quite risky if you ask me, you could dump a load of coins to the market to "buy lower" but who says the market gets back to where it was before you dumped your coins? Same the other way around, you could try to "buy up the price" but for how long would it hold??

Overall I'm happy MaidSafe has enough money to keep this thing going. Great thing about this project being run by a company is that it's 1 CEO with a vision who hires people. Far different from a lot of other crypto projects that see a fast rotation of people and ego's.    

[ninjabiz]

Judging by the way MAID devs manipulate the price and always seem to be hungy for more IPO funds and investments while unable to launch their invention for a decade already I can bet that they will implement Proof-of-Vitalik conesnus algorithm for their imaginary SAFE Coin, after which the community is forced to spawn their own MAID Classic. You heard it here first  

If I was spewing as much BS as you I'd also be wearing a gasmask.

Oh my god did I just piss off a fannboy?!

There is definitely manipulation going on in MAID market for quite a long time already. Whether it is by the devs remains a speculation. Everything else I just said is truth. They launched another investment round (hungry for more money). They have been around for almost a decade (longer than Bitcoin). And since they are a profit driven company much like the Ethereum foundation they are most likely doing the same kind of sick anti-freedom shit like reversing transactions to save their investors.

Well, this is not your project then I guess  

MaidSafe had some small investors before they did a crowdfund in 2014 (I joined that one). They ran out of money in 2016 again, not so strange actually as they had around 10 devs working for them and things took longer. There were some extra coins left from the crowdsale in 2014 (owned by the MaidSafe Foundation) which they used for extra funding. They have to give these coins back 1 day as explained here:

https://blog.maidsafe.net/2016/05/31/maidsafecoin-announcement/

Is this wrong?? I don't think so. The Foundation was started by David Irvine and he gave away his own Maidsafe Stocks to the Foundation. David is an idealistic person and the foundation already helped kids to do some technical stuff etc.

https://safenetforum.org/t/maidsafe-foundation-introduction/6740

In 2016 they needed extra money because they didn't want to have funding trouble all the time. The MAID owners (like me) didn't had any dilution as there were no new coin created. Actually, there haven't been any new MAID created since 2014. The 19 million coins (from the foundation) did (partly) come to the market but this is only 4% of all coins out there.

So how did MaidSafe got extra money in 2016? well they sold a piece of their company using BankToTheFuture (I joind that crowdfund as well).

Here's the link: https://bnktothefuture.com/pitches/maidsafe-net

So that was 1,5 million dollar. Some of it was in BTC as well which got up in price quite a lot. MAID got up in price as well in 2016 so the team is doing well for the coming periods. They have quite some people work for them now as programmers:

https://github.com/orgs/maidsafe/people


Here's Uber's investments rounds:

https://www.crunchbase.com/organization/uber/funding-rounds

I count 16 of them in around 6 years    MaidSafe only did like 3 of them in 12 years.

Your claim about MaidSafe devs () manipulating the price doesn't really make sense. How would they do that? And why? They've had 19 million extra coins, which they sold (slowly) to keep the company running. If they dumped them they would've hurt themselves. Nowadays, how could they manipulate?? To double today's volume in MAID you need at least 1 million dollar. And we see days with even around 4 million dollar of volume. So if you see little pumps and dumps it's probably some other groups trying whatever. Quite risky if you ask me, you could dump a load of coins to the market to "buy lower" but who says the market gets back to where it was before you dumped your coins? Same the other way around, you could try to "buy up the price" but for how long would it hold??

Overall I'm happy MaidSafe has enough money to keep this thing going. Great thing about this project being run by a company is that it's 1 CEO with a vision who hires people. Far different from a lot of other crypto projects that see a fast rotation of people and ego's.    

You mean last crowdfunding in Banktofuture because fund run out again? I doubt maidsafe will be completed if last round fund runs out again. Maybe a vaporware??