Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6YB4xss.jpg&t=665&c=dyekP6ie_BLomg)
I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.
That image is actually out by a bit or a lot depending on how you look at it, you're damn right about one thing it wasn't a fair distribution it was a scandal!
Mastercoin traded at .06 before they started fiddling the price. Also the market depth (entire buyside of masterxchange) before their involvement on masterxchange was very small like $25k-$30k it's only $46k now I just checked! Daily volume was around $500-$2k.
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The Mastercoin side of the crowdsource raised 281348201 in maidsafe coins
The Bitcoin side of the crowdsource raised 174668200 in maidsafe coins
38% of All maidsafes went to people who paid by Bitcoin directly in exchange for contributing Bitcoins that can be sold immediately for around $2.9 million usd 7339(raised bitcoin)*$400 (achievable bitcoin price for this kind of volume)
62% of all maidsafes went to people who paid by Mastercoin in exchange for contributing Mastercoins that can be sold immediately for around $46 Thousand Dollars (the entire current order book for mastercoins)
The contribution of technology is a null point as this is freely available using a system that would only accept Bitcoin.
Based on the above I think a much fairer valuation of Mastercoin taking into account market depth would be: 107 (That's the $46k in bitcoin)/281348201 (mastercoins raised -bitcoin bitcoin contribution). Unfortunately this figure is so minute, my google calculator can't put that many 0's after the decimal so I'll leave it for someone else to calculate! I can't be bothered as I can easily argue why Mastercoin is worthless.
If David needed to raise around $10 million originally and he's only ended up with $2.9million Investors should ask to see what he needed the money for, if he's got enough to proceed and if he's really got the intelligence to carry on with such an ambitious plan. To me it looks like the only thing they've got right is the marketing bullshit which is very impressive.