Topic: [ANN] IPO of MaidSafe: Entering the Future of the Decentralized Internet - page 158. (Read 579951 times)

Quote from: maidsafe on April 23, 2014, 08:22:54 AM

Hi Dirvine/Maidsafe,

"BitAngels have already said they will honour some of the MSC guys who did miss out"

In your post you mentioned the above, can you please exapand on that.

Yes BitAngels have proven themselves here for sure. Their honesty and integrity were shown to us in this process. I cannot go into too much info about earlier post as it would not be fair to presume. All I would say is that this is a new world and BitAngels and the Master Protocol team can provide a great service with the ability to balance out any teething problems quickly. If you do a crowd sale these are the guys to work with. I will blog about the experience we had and are having.

I would like to ensure we can ensure the network efforts that need to happen now, can and soon. This means more developers and not maidsafe developers, but new people in new teams all working in unison, but competitively (in terms of the core dev pool). I hope that helps. It is best to assume this sale stops at 6700 BTC, but we may be able to do better for these teams.

This structure though is discussed in the white paper and on my blog. I think it's of huge importance.

Are you saying it's possible I will still be able to buy in with my Mastercoins? When will we know?

IPO for MSC was closed. you can still invest BTC before the amount up to 6700BTC.
thanks for your supports.

I'm asking what this statement means?
"BitAngels have already said they will honour some of the MSC guys who did miss out"

I am not sure how this would be handled. If they suddenly announced that they were once again accepting MSC for Safecoin a lot of people are going to get double burned as the prices rise and drop back again

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: JakeThePanda on April 23, 2014, 08:19:42 AM

Quote from: JakeThePanda on April 23, 2014, 08:19:42 AM

Hi Dirvine/Maidsafe,

"BitAngels have already said they will honour some of the MSC guys who did miss out"

In your post you mentioned the above, can you please exapand on that.

Yes BitAngels have proven themselves here for sure. Their honesty and integrity were shown to us in this process. I cannot go into too much info about earlier post as it would not be fair to presume. All I would say is that this is a new world and BitAngels and the Master Protocol team can provide a great service with the ability to balance out any teething problems quickly. If you do a crowd sale these are the guys to work with. I will blog about the experience we had and are having.

I would like to ensure we can ensure the network efforts that need to happen now, can and soon. This means more developers and not maidsafe developers, but new people in new teams all working in unison, but competitively (in terms of the core dev pool). I hope that helps. It is best to assume this sale stops at 6700 BTC, but we may be able to do better for these teams.

This structure though is discussed in the white paper and on my blog. I think it's of huge importance.

Are you saying it's possible I will still be able to buy in with my Mastercoins? When will we know?

IPO for MSC was closed. you can still invest BTC before the amount up to 6700BTC.
thanks for your supports.

I'm asking what this statement means?
"BitAngels have already said they will honour some of the MSC guys who did miss out"

maidsafe

jr. member

Activity: 49

Merit: 1

Hi Dirvine/Maidsafe,

"BitAngels have already said they will honour some of the MSC guys who did miss out"

In your post you mentioned the above, can you please exapand on that.

Yes BitAngels have proven themselves here for sure. Their honesty and integrity were shown to us in this process. I cannot go into too much info about earlier post as it would not be fair to presume. All I would say is that this is a new world and BitAngels and the Master Protocol team can provide a great service with the ability to balance out any teething problems quickly. If you do a crowd sale these are the guys to work with. I will blog about the experience we had and are having.

I would like to ensure we can ensure the network efforts that need to happen now, can and soon. This means more developers and not maidsafe developers, but new people in new teams all working in unison, but competitively (in terms of the core dev pool). I hope that helps. It is best to assume this sale stops at 6700 BTC, but we may be able to do better for these teams.

This structure though is discussed in the white paper and on my blog. I think it's of huge importance.

Are you saying it's possible I will still be able to buy in with my Mastercoins? When will we know?

IPO for MSC was closed. you can still invest BTC before the amount up to 6700BTC.
thanks for your supports.

jztxeno

hero member

Activity: 700

Merit: 501

6.000 BTC reached!

JakeThePanda

hero member

Activity: 644

Merit: 500

Hi Dirvine/Maidsafe,

"BitAngels have already said they will honour some of the MSC guys who did miss out"

In your post you mentioned the above, can you please exapand on that.

Yes BitAngels have proven themselves here for sure. Their honesty and integrity were shown to us in this process. I cannot go into too much info about earlier post as it would not be fair to presume. All I would say is that this is a new world and BitAngels and the Master Protocol team can provide a great service with the ability to balance out any teething problems quickly. If you do a crowd sale these are the guys to work with. I will blog about the experience we had and are having.

I would like to ensure we can ensure the network efforts that need to happen now, can and soon. This means more developers and not maidsafe developers, but new people in new teams all working in unison, but competitively (in terms of the core dev pool). I hope that helps. It is best to assume this sale stops at 6700 BTC, but we may be able to do better for these teams.

This structure though is discussed in the white paper and on my blog. I think it's of huge importance.

Are you saying it's possible I will still be able to buy in with my Mastercoins? When will we know?

dirvine

member

Activity: 63

Merit: 10

Quote from: mattwm on April 23, 2014, 07:55:15 AM

Hi Dirvine/Maidsafe,

"BitAngels have already said they will honour some of the MSC guys who did miss out"

In your post you mentioned the above, can you please exapand on that.

Yes BitAngels have proven themselves here for sure. Their honesty and integrity were shown to us in this process. I cannot go into too much info about earlier post as it would not be fair to presume. All I would say is that this is a new world and BitAngels and the Master Protocol team can provide a great service with the ability to balance out any teething problems quickly. If you do a crowd sale these are the guys to work with. I will blog about the experience we had and are having.

I would like to ensure we can ensure the network efforts that need to happen now, can and soon. This means more developers and not maidsafe developers, but new people in new teams all working in unison, but competitively (in terms of the core dev pool). I hope that helps. It is best to assume this sale stops at 6700 BTC, but we may be able to do better for these teams.

This structure though is discussed in the white paper and on my blog. I think it's of huge importance.

dirvine

member

Activity: 63

Merit: 10

Is the 40% bonus still active?

Yes it was important to us that everyone got this due to the speed of the sale, so we decided to forget any declining discount rate and forced it to 40% across the board. We felt it was only fair. Yea less funds raised, but being fair is the primary concern.

dirvine

member

Activity: 63

Merit: 10

Quote from: ?? on ??

Just sent BTC. Did I make it in time?

You did!

Do not panic, it was not closing at 6000 dead (hence the ~), we had some figures to audit due to some unresolved issues in the master blockchain. The site is updated and we are in talks with the larger MSC investors to try and allow a better balance here. I would hope we can offer more than 6700 BTC but we need to check it's 1: possible and 2: right.

I feel it is right and I really want to have BTC to set up the international developer pods to compete at the code dev side of the network (no not want maidsafe to be the only core dev team, that's centralised). Using MSC for these pods is difficult for sure and BTC is just easier at the moment liquidity wise. I do think MSC will increase ion value though, I hope it does as we now hold an awful lot, but that was a risk we took. I hope it helps the community. We already have interest in such a thing in San Francisco so this would be important to fund with BTC.

Thanks folks you are all very welcome to be part of this and any help in setting up developer teams worldwide would be appreciated. Jump on our mailing list and propose places and groups that can help. We see it as pretty much informal, but perhaps getting organised over time, depending on commitment.

mattwm

newbie

Activity: 47

Merit: 0

Is the 40% bonus still active?

zlezsls

newbie

Activity: 12

Merit: 0

Quote from: freedomno1 on April 23, 2014, 06:48:04 AM

The end draws nigh less than 200 BTC left to go
https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E

Quote from: maidsafe on April 23, 2014, 03:12:02 AM

Important update for bitcoin participants
As you all know, the crowd-sale has been unbelievably successful. We were all surprised at the rate of uptake. As MSC purchases were automatically handled it became apparent very quickly that bitcoin participants were severely disadvantaged.

To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC. https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E

It was amazing.

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

The end draws nigh less than 200 BTC left to go
https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E

Quote from: maidsafe on April 23, 2014, 03:12:02 AM

Important update for bitcoin participants
As you all know, the crowd-sale has been unbelievably successful. We were all surprised at the rate of uptake. As MSC purchases were automatically handled it became apparent very quickly that bitcoin participants were severely disadvantaged.

To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC. https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E

cp1234

newbie

Activity: 1

Merit: 0

You can have a look at this post : https://groups.google.com/forum/#!topic/maidsafe-development/9QTj0d2pGPo%5B101-125-false%5D

BitzMD

sr. member

Activity: 421

Merit: 250

Hi Dirvine/Maidsafe,

"BitAngels have already said they will honour some of the MSC guys who did miss out"

In your post you mentioned the above, can you please exapand on that.

CryptoPanda

sr. member

Activity: 910

Merit: 302

Quote from: CryptoPanda on April 22, 2014, 01:42:55 PM

Few important questions I didn't find answer for

I didn't see anywhere development timeline. When we can expect working version. For what features the money will be used?
Will the average user (not farmer) be able to visit maidsafe hosted sites without installing any client on his PC?

here is a bump for couple of questions hoping to get answered

jztxeno

hero member

Activity: 700

Merit: 501

Quote from: ?? on ??

unbelievable! it seems that 10m$ fundraising will be completed in 12 hours! now is 5,445 BTC!

Way earlier than 12 hours bro

maidsafe

jr. member

Activity: 49

Merit: 1

Important update for bitcoin participants
As you all know, the crowd-sale has been unbelievably successful. We were all surprised at the rate of uptake. As MSC purchases were automatically handled it became apparent very quickly that bitcoin participants were severely disadvantaged.

To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC. https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E

This allowed everyone to receive the 40% bonus which is also fair even though the sale raises significantly less cash than anticipated. The orders can be tracked on http://blockchain.info as well our Google document spreadsheet.

The backend process which is currently manual is being automated to ensure greater accuracy. The master protocol team, are working with us to ensure this process is clean and efficient. However we estimate it will take 24 to 48 hours for this script to be used in production, after which you should see your MSAFE coins in your bitcoin address.
http://www.safecoin.io/

jztxeno

hero member

Activity: 700

Merit: 501

Quote from: dirvine on April 23, 2014, 02:52:06 AM

Quote from: Swordsoffreedom on April 23, 2014, 02:51:26 AM

OP could you please explain how we do get the MaidSafeCoins?

I sent some BTC from Blockchain.info to the IPO wallet how will I receive the MaidSafeCoins?

These are being processed now, it may take 48 hours to show though. The leading edge parts of the master protocol we used meant some manual work, but it looks like this last part may be automated. There is a post on the site now to explain safecoin.io

Can I still see the amount of MaidSafeCoins on masterchest.info if the transaction is processed?

jztxeno

hero member

Activity: 700

Merit: 501

OP could you please explain how we do get the MaidSafeCoins?

I sent some BTC from Blockchain.info to the IPO wallet how will I receive the MaidSafeCoins?

~~Shoot pretty sure you just lost those coins since you need to be in control of the account you send it from~~

Hmm NVM follow appendix B still recommend not using online wallets
Please note: if you are using a coinbase account, or an account where you don’t have control over the private keys please go to Appendix B https://docs.google.com/a/maidsafe.net/presentation/d/1zhrtkCY1R5HnoB719Xp16bNTaqXuJKGjNYOPktKAbCw/edit#slide=id.g2726e6bdb_410:

Lol on their website it says "Attention please use a bitcoin wallet such as Blockchain.info with which you control the private key to your public address."

dirvine

member

Activity: 63

Merit: 10

OP could you please explain how we do get the MaidSafeCoins?

I sent some BTC from Blockchain.info to the IPO wallet how will I receive the MaidSafeCoins?

These are being processed now, it may take 48 hours to show though. The leading edge parts of the master protocol we used meant some manual work, but it looks like this last part may be automated. There is a post on the site now to explain safecoin.io

Swordsoffreedom

legendary

Activity: 2996

Merit: 1136

Leading Crypto Sports Betting & Casino Platform