The overall idea of MaidSafe is incredible. I feel like buying some just to take part in yet another great experiment.
But would you really call this an investment, relative to BTC? I mean BTC is poised to go much much much much higher.
Now, imagine MaidSafe becomes very accepted and is used, isn't a high price of the tokens counter productive to it's use?
I'm being honest here. Again, I love the idea, but I question its use as an investment. e.g. In two years if BTC hits 10,000, does MaidSafe go up to .48 app?
Are the 90% that weren't sold to be used for those wanting to take part in the network?
Thx in advance,
Its about sharing
The 90% will be farmed and given to developers. also developers of applications will be earning 10% of the farmers income if the farmers are using their apps
The more popular an application is, the more people use it, the more 10%'s of peoples earning potential.
Stores would need to cover costs, but they would be earning coins from people visiting their store, they would also have the ability to trade openly for maidsafe allowing them to sell directly for the currency which can then be used to maintain their applications running costs if there was any.
The price couldn't obviously be too extreme but it would depend totally like most businesses on profits. the price of a single coin wouldn't matter in regards to anything if they were making profit, if their application was making more than it cost then the price of the coin is not really that important, they have a application that earns them money , to an audience they wouldn't have otherwise. every week they are in the green they make more maidsafe than it cost to run the application.
but then you would have to go even greater in depth, people who made money are one thing, but new business and people who don't make money would likely drive the price down, unwilling to purchase for over a certain amount and following strict guidelines to ensure profitability and increased chance of success of their own applications. Which will drive price down a little but it would equalize around the middle of the 2 gaps....which are undetermined because anything currently would be purely speculator.
But it has the ability to be, not stupidly highly priced but to increase in value by much more than it is currently.