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

[twelvesigns]

Hmm I am a bit skeptic ... this project has been ongoing since 2006. 

[Swordsoffreedom]

Hmm I am a bit skeptic ... this project has been ongoing since 2006. 

True that is pre Bitcoin but that does mean that it least acquired a reputation in one forum or another
And has code and development building up over the last decade

[twelvesigns]

But you would think how long does it take for them to develop the product.

[drawingthesun]

Hey Guys Omni wallet does not work for me.

Can someone help me?

[maxmint]

Hey Guys Omni wallet does not work for me.

Can someone help me?

Do you have enough BTC on your sending address? You'll need a small amount of BTC for the actual transaction.

[drawingthesun]

Hey Guys Omni wallet does not work for me.

Can someone help me?

Do you have enough BTC on your sending address? You'll need a small amount of BTC for the actual transaction.

Yes I have above the minimum required.

[TheMightyX]

Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:




I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.

so the only way now for MS to fix this is give away enough MS to make this equal, else its probably not going to float well. They need to desam and fast.

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

This would likely raise the MS value by quite a lot and thus help the whole project

I'm a big supporter of what maidsafe hopes to achieve, but this fiasco has unfairly punished a large majority of people that have put their trust and faith in this team and this project.

Something needs to be done to compensate the BTC investors and level the playing field.
You can't have an IPO and unfairly reward one half of investors arbitrarily.
This is not the way you do business.

I suggest we start a petition,
If everyone who invested via BTC signs it I think they will have no choice but to take it seriously.

[ejinte]

Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:




I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.

so the only way now for MS to fix this is give away enough MS to make this equal, else its probably not going to float well. They need to desam and fast.

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

This would likely raise the MS value by quite a lot and thus help the whole project

I'm a big supporter of what maidsafe hopes to achieve, but this fiasco has unfairly punished a large majority of people that have put their trust and faith in this team and this project.

Something needs to be done to compensate the BTC investors and level the playing field.
You can't have an IPO and unfairly reward one half of investors arbitrarily.
This is not the way you do business.

I suggest we start a petition,
If everyone who invested via BTC signs it I think they will have no choice but to take it seriously.

That's funny. They do there fundraising however they want and after it's done nothing can be changed.

[BldSwtTrs]

Hey Guys Omni wallet does not work for me.

Can someone help me?

Do you have enough BTC on your sending address? You'll need a small amount of BTC for the actual transaction.

Yes I have above the minimum required.

How many? You should have at least 0.35 mBTC in your address to be able to send.

[mr_random]

Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:




I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.

so the only way now for MS to fix this is give away enough MS to make this equal, else its probably not going to float well. They need to desam and fast.

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

This would likely raise the MS value by quite a lot and thus help the whole project

I'm a big supporter of what maidsafe hopes to achieve, but this fiasco has unfairly punished a large majority of people that have put their trust and faith in this team and this project.

Something needs to be done to compensate the BTC investors and level the playing field.
You can't have an IPO and unfairly reward one half of investors arbitrarily.
This is not the way you do business.

I suggest we start a petition,
If everyone who invested via BTC signs it I think they will have no choice but to take it seriously.

I'm going to give them a couple more days to clear this up. At the bare minimum they need to acknowledge clearly that one party of people were able to acquire safecoins significantly cheaper than the other party of people at the same time. Thus causing BTC investors to realise an instant loss.

How they will resolve this or if they are willing to resolve it is also another question that needs answering.

[Bimmerhead]

I'm going to give them a couple more days to clear this up. At the bare minimum they need to acknowledge clearly that one party of people were able to acquire safecoins significantly cheaper than the other party of people at the same time. Thus causing BTC investors to realise an instant loss.

Instant loss?  I invested via BTC and I still have all my maidsafecoin.  I've experienced zero loss.

[mr_random]

I'm going to give them a couple more days to clear this up. At the bare minimum they need to acknowledge clearly that one party of people were able to acquire safecoins significantly cheaper than the other party of people at the same time. Thus causing BTC investors to realise an instant loss.

Instant loss?  I invested via BTC and I still have all my maidsafecoin.  I've experienced zero loss.

For some reason you argue with everyone who is angry about the unfair situation that has occurred.

The maidsafe I bought with my BTC is now worth significantly less in terms of BTC. That is a loss. And it occurred because of the incorrect way Maidsafe distributed the coins.

I expect you now to keep trying to twist things as you have already demonstrated in this thread your biased point of view. The rest of us wait to see what the Maidsafe team will or will not do about this.

[jubalix]

Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:




I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.

so the only way now for MS to fix this is give away enough MS to make this equal, else its probably not going to float well. They need to desam and fast.

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

This would likely raise the MS value by quite a lot and thus help the whole project

I'm a big supporter of what maidsafe hopes to achieve, but this fiasco has unfairly punished a large majority of people that have put their trust and faith in this team and this project.

Something needs to be done to compensate the BTC investors and level the playing field.
You can't have an IPO and unfairly reward one half of investors arbitrarily.
This is not the way you do business.

I suggest we start a petition,
If everyone who invested via BTC signs it I think they will have no choice but to take it seriously.

so lets do this

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

We will call this Proof of Legitimacy. POL.

Crypto are unique in that we have a mechanism that is open, and relatively easy to do so that all IPO people in BTC can be put back to actual MSC / BTC rate. MS even have the list of all BTC addresses.

This would probably set MS apart from all other IPO's, in the world, ever, and set a precedent of all IPO in crypto in the future. It would set the bar. It would also make MS be legit, and avoid endless scam at ts genesis.

What will MS's IPO POL be, 0 or 100%, its not like they cant do this thing. They admit they were is error.

[Chang Hum]

I'm going to give them a couple more days to clear this up. At the bare minimum they need to acknowledge clearly that one party of people were able to acquire safecoins significantly cheaper than the other party of people at the same time. Thus causing BTC investors to realise an instant loss.

Instant loss?  I invested via BTC and I still have all my maidsafecoin.  I've experienced zero loss.

For some reason you argue with everyone who is angry about the unfair situation that has occurred.

The maidsafe I bought with my BTC is now worth significantly less in terms of BTC. That is a loss. And it occurred because of the incorrect way Maidsafe distributed the coins.

I expect you now to keep trying to twist things as you have already demonstrated in this thread your biased point of view. The rest of us wait to see what the Maidsafe team will or will not do about this.

But it's worth significantly more in Mastercoin so what's your problem? Baaahhhahahhahahahahahaha 

[sepehr]

Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:




I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.

so the only way now for MS to fix this is give away enough MS to make this equal, else its probably not going to float well. They need to desam and fast.

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

This would likely raise the MS value by quite a lot and thus help the whole project

I'm a big supporter of what maidsafe hopes to achieve, but this fiasco has unfairly punished a large majority of people that have put their trust and faith in this team and this project.

Something needs to be done to compensate the BTC investors and level the playing field.
You can't have an IPO and unfairly reward one half of investors arbitrarily.
This is not the way you do business.

I suggest we start a petition,
If everyone who invested via BTC signs it I think they will have no choice but to take it seriously.

so lets do this

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

We will call this Proof of Legitimacy. POL.

Crypto are unique in that we have a mechanism that is open, and relatively easy to do so that all IPO people in BTC can be put back to actual MSC / BTC rate. MS even have the list of all BTC addresses.

This would probably set MS apart from all other IPO's, in the world, ever, and set a precedent of all IPO in crypto in the future. It would set the bar. It would also make MS be legit, and avoid endless scam at ts genesis.

What will MS's IPO POL be, 0 or 100%, its not like they cant do this thing. They admit they were is error.

Very good Terminology.
I think that currently Maidsafe's Proof of Legitimacy is below %50 but if they Bonus the BTC Holders some MS's to cover their Losses this will increase Their Proof of Legitimacy even above %100. You say %120!

Because everyone may make mistakes, But the one who cover his mistake and pay for it to avoid others to lose, is more trustable and generate more confident and trust to his audiences than the person that make no mistakes yet!

I hope they take this thread serious otherwise they always should carry the POL of %50 with their coins!

[jubalix]

Compairing the price paid by BTC and MSC Backers of Maidsafe IPO I find Out this:




I think MaidSafe team should take action and Pay to BTC Backers more Bonus to cover this unfair IPO, Period.

so the only way now for MS to fix this is give away enough MS to make this equal, else its probably not going to float well. They need to desam and fast.

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

This would likely raise the MS value by quite a lot and thus help the whole project

I'm a big supporter of what maidsafe hopes to achieve, but this fiasco has unfairly punished a large majority of people that have put their trust and faith in this team and this project.

Something needs to be done to compensate the BTC investors and level the playing field.
You can't have an IPO and unfairly reward one half of investors arbitrarily.
This is not the way you do business.

I suggest we start a petition,
If everyone who invested via BTC signs it I think they will have no choice but to take it seriously.

so lets do this

One way would be to send a % of BTC back to the BTC addresses to make equal to MSC.  Lets see how legit they are.

We will call this Proof of Legitimacy. POL.

Crypto are unique in that we have a mechanism that is open, and relatively easy to do so that all IPO people in BTC can be put back to actual MSC / BTC rate. MS even have the list of all BTC addresses.

This would probably set MS apart from all other IPO's, in the world, ever, and set a precedent of all IPO in crypto in the future. It would set the bar. It would also make MS be legit, and avoid endless scam at ts genesis.

What will MS's IPO POL be, 0 or 100%, its not like they cant do this thing. They admit they were is error.

Very good Terminology.
I think that currently Maidsafe's Proof of Legitimacy is below %50 but if they Bonus the BTC Holders some MS's to cover their Losses this will increase Their Proof of Legitimacy even above %100. You say %120!

Because everyone may make mistakes, But the one who cover his mistake and pay for it to avoid others to lose, is more trustable and generate more confident and trust to his audiences than the person that make no mistakes yet!

I hope they take this thread serious otherwise they always should carry the POL of %50 with their coins!

if the figure is correct, being 2.5 x , then 1.5 parts of 2.5 parts would be returned thus if you paid up  1BTC then 1.5/2.5 x 1 should be returned.

A script to do this or even manually would be trivial.

[RawDog]

What do you think he intended?  It's shows a racist idiot (rawdog) claiming he's an official representative of this coin, which is indeed totally embarrassing for those involved and a warning for those who are thinking about investing.

I didn't actually claim to be a representative.  Someone said I was the representative for MaidSafe - which made me laugh.  Nobody with even a tiny brain could come to such a conclusion.  But with a heavy load of sarcasm and irony - I wrote 'I am an official MaidSafe rep'.  That is humor.  Bad humor; but humor all the same.  Nobody who can parse even the simplest thread could understand that as an indication that I actually have anything to do with MaidSafe.  ChangHum aka WayHungLo that yellow belly panic fucker knows I lost my ass on MaidSafe.  700 MSC worth at about .12 - .16.  I hate those fucking idiots at MaidSafe who think it is OK to change the rules in the middle of the game.  Fuck MaidSafe.  

But after my careful review, I found out they did it because 1) things are complex; 2) they didn't think it through clearly; 3) things went too fast; 4) some systems are hard to predict; 5) about 5 other things.  But I didn't not find any clear indication of scamming by knowing parties.  I think Irvine fucked up.  I think MSC devs fucked up.  But not critically.  They should have put just a few more controls in place.  But this stuff is new.  So I fucking lost money just like HangWayLo - but I am not a yellow belly crying bitch like him.  I take my licks and move on.  ChangHum will bitch all day long - despite not having any real proof there was bad intent rather than genuine error.  Fuck him.  He is a world class pussy and he shouldn't be in system which are new but not perfect.  He should go buy some German bonds for investment.  

As for racism - all you stupid jackoffs who think you are not racist are just fucking dumb.  All humans are racist.  Jews are the most racist of them all - way to go Stirling!  Blacks are racist too.  It is human nature.  You don't like humans?  Don't complain to me - take it up with your maker.  

[RawDog]

JESUS CHRIST ARE YOU ALL REALLY THIS INCREDIBLY STUPID???!!!!

Fucking Chinese idiot.  time for you to shut the fuck up.  Your game is run.  Your story is bullshit and no one is buying it any longer.  MasterProtocol made a small fuck up.  It is over.  Next IPO these guys do will be 100% perfect.  They are a good team.  Although they owe me 700MSC.  Fuckers. 

[RawDog]

At the bare minimum they need to acknowledge clearly that one party of people were able to acquire safecoins significantly cheaper than the other party of people at the same time.

This happens all the time when professional investment banks - such as Morgan Stanley do IPOs.  Don't believe me? What about Facebook?  The difference is, at MasterProtocol it wasn't intentional - they just had a situation which was hard to predict.  Without proof of bad intent, I'd say MasterProtocol team merely made an error rather than intentionally screwing anyone.  Those guys would give anything to be able to do it all over again.  I am pretty sure of that.

[Chang Hum]

The entire market for maidsafe is $22700 (52.4(bitcoins on buy orders)*434(bitcoin price)

The money raised is being used to buy real estate: http://metaquestions.me/2014/05/01/surviving-a-crowd-sale/

You have no claim on the real estate.

Only 0.75% of the original investment pool is retrievable at this moment (22700/3000000)*100

Mastercoiners have a 62% chance of being the first to "cash grab" the 0.75%, as they have a 62% stake in Maidsafecoins for contributing nothing more than an extra layer of fraud to an already heavily fraudulent fundraising event.