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Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet - page 66. (Read 579765 times)

hero member
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when  expected the update?
hero member
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legendary
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Crypto is the separation of Power and State.


MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising


Quote
MaidSafe's funding begins on 12th September and runs for 30 days. The target is £1.75m-£2m which will be received in sterling and bitcoin. Nick Lambert, chief operating officer, MaidSafe told IBTimes UK: "This is a raise for equity as opposed to a coin sale. It's most certainly not crowdfunding.

Ok, so how does this work ?
Do the investors get MAID for their investment ?? Or just shares ?

I'm a little confused here...

I thought we MAID hodlers are already the investors

Sorry, the original investors' equity is being massively diluted, just like BCTD bagholders are being screwed by Komodo.

Why would MAID and jlICOscam777 ever finish anything, when doing so would dry up their source of Lambo funding?
hero member
Activity: 1204
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Yes, they had investors before 2014. They're selling around 6% of the company in this round. Uber is at round 17 or something. And even when companies are listed on the stock exchange they still sell some fresh printed shares now and then. Tesla has done it several times, but investors don't like it when a company is listed on the stock market. They rather have buybacks  Grin



Okay, not so bad then. I didn't realize this sale was only 6% or so.
hero member
Activity: 598
Merit: 501


Quote
MaidSafe's funding begins on 12th September and runs for 30 days. The target is £1.75m-£2m which will be received in sterling and bitcoin. Nick Lambert, chief operating officer, MaidSafe told IBTimes UK: "This is a raise for equity as opposed to a coin sale. It's most certainly not crowdfunding.

I may be confused, but didn't they also have early funding for all of those years of development, before they even did the Maid ICO (coin)? Just wondering how much of the company they even have left to sell anymore. After a certain number of funding rounds, one would think there wouldn't be much left to offer, or it turns into a Producers scenario.

Yes, they had investors before 2014. They're selling around 6% of the company in this round. Uber is at round 17 or something. And even when companies are listed on the stock exchange they still sell some fresh printed shares now and then. Tesla has done it several times, but investors don't like it when a company is listed on the stock market. They rather have buybacks  Grin



LINK

hero member
Activity: 1204
Merit: 509


Quote
MaidSafe's funding begins on 12th September and runs for 30 days. The target is £1.75m-£2m which will be received in sterling and bitcoin. Nick Lambert, chief operating officer, MaidSafe told IBTimes UK: "This is a raise for equity as opposed to a coin sale. It's most certainly not crowdfunding.

I may be confused, but didn't they also have early funding for all of those years of development, before they even did the Maid ICO (coin)? Just wondering how much of the company they even have left to sell anymore. After a certain number of funding rounds, one would think there wouldn't be much left to offer, or it turns into a Producers scenario.
hero member
Activity: 598
Merit: 501

MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising


Quote
MaidSafe's funding begins on 12th September and runs for 30 days. The target is £1.75m-£2m which will be received in sterling and bitcoin. Nick Lambert, chief operating officer, MaidSafe told IBTimes UK: "This is a raise for equity as opposed to a coin sale. It's most certainly not crowdfunding.

Ok, so how does this work ?
Do the investors get MAID for their investment ?? Or just shares ?

I'm a little confused here...

I thought we MAID hodlers are already the investors

Projects like Ethereum, Maidsafe and others crowdfunded in 2014 by selling coins which have use on their networks. These coins could be seen as a presale of a product. They don't hold any shareholder rights in
a company. This way of funding with Banktothefuture do give people shareholder rights. Via a SVP people become shareholder of the company. So a number of projects like Factom, BitPesa, Shapeshift and soon Maidsafe sell a part of their company to investors that become shareholders. No new coins are created or sold.

Here's a list of projects on BTTF for those interested.
 
sr. member
Activity: 413
Merit: 250


MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising


Quote
MaidSafe's funding begins on 12th September and runs for 30 days. The target is £1.75m-£2m which will be received in sterling and bitcoin. Nick Lambert, chief operating officer, MaidSafe told IBTimes UK: "This is a raise for equity as opposed to a coin sale. It's most certainly not crowdfunding.

Ok, so how does this work ?
Do the investors get MAID for their investment ?? Or just shares ?

I'm a little confused here...

I thought we MAID hodlers are already the investors
hero member
Activity: 598
Merit: 501


MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising


Quote
MaidSafe's funding begins on 12th September and runs for 30 days. The target is £1.75m-£2m which will be received in sterling and bitcoin. Nick Lambert, chief operating officer, MaidSafe told IBTimes UK: "This is a raise for equity as opposed to a coin sale. It's most certainly not crowdfunding.
sr. member
Activity: 413
Merit: 250
Why price is dumped? BTC pump? Or bad news? My Ferrari 458 Italia is broken now.   Cry Cry

I think that people are cashing out of altcoins to get more bitcoins. It seems that BTC is ready to skyrocket.
There are a few great videos about Bitcoin Draft Effect: https://www.youtube.com/watch?v=wSwOEzwlFX8 and Bitcoin Seesaw Effect: https://www.youtube.com/watch?v=XSG7f3Md5ZM.  
but why dumped from 20k to 13k?
any news from maid?

Combination of users not patient enough to wait for next update and BTC rise.
newbie
Activity: 20
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Why price is dumped? BTC pump? Or bad news? My Ferrari 458 Italia is broken now.   Cry Cry

I think that people are cashing out of altcoins to get more bitcoins. It seems that BTC is ready to skyrocket.
There are a few great videos about Bitcoin Draft Effect: https://www.youtube.com/watch?v=wSwOEzwlFX8 and Bitcoin Seesaw Effect: https://www.youtube.com/watch?v=XSG7f3Md5ZM.  
but why dumped from 20k to 13k?
any news from maid?
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
Why price is dumped? BTC pump? Or bad news? My Ferrari 458 Italia is broken now.   Cry Cry

I think that people are cashing out of altcoins to get more bitcoins. It seems that BTC is ready to skyrocket.
There are a few great videos about Bitcoin Draft Effect: https://www.youtube.com/watch?v=wSwOEzwlFX8 and Bitcoin Seesaw Effect: https://www.youtube.com/watch?v=XSG7f3Md5ZM.  
member
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Why price is dumped? BTC pump? Or bad news? My Ferrari 458 Italia is broken now.   Cry Cry
hero member
Activity: 598
Merit: 501

Yeah...ok dude

Not fudding anything, just making observations

And MAID will be very big when they go live with the SAFE network
No fudders can change that

I just have no confidence that MAID will ever actually be used for anything. It reminds me of the HBO show Silicon Valley (data is shared in tiny pieces amongst all other users) ... nice tech, but either too complicated for the regular user, or nobody has a real need for it.


Safecoin will be quite different from Bitcoin as it doesn't use a blockchain. No need for all nodes to share a transaction. So Safecoin transactions are expected to take place in under a second. That's at least 600 times faster than Bitcoin.

These coins do have a use, think of it like BitTorrent where you get paid to be a "seeder". In this case you don't have to open a torrent file to seed it, but encrypted chunks end up in your Vault where they're requested now and then. The chunks are created by the software and won't bother the user in any way as they don't notice. They just upload a file and share it with others, and other just rightclick and choose "safe as". To me it's the next logical step after BitTorrent. Even better people can build a "youtube" or "facebook" on top of it.
hero member
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When to start ICO?

ICO was in 2014 dude, lol, ico price 2-3k sat, now is 18k, huge gain on this ico. Lucky ICOers
sr. member
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legendary
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Bulletproof VPS/VPN/Email @ BadAss.Sx

Yeah...ok dude

Not fudding anything, just making observations

And MAID will be very big when they go live with the SAFE network
No fudders can change that

I agree that MAID will be big if/when they finally release their network. Big in the sense that the price
of the token (or coin) will rise initially, anyway.

I just have no confidence that MAID will ever actually be used for anything. It reminds me of the HBO show Silicon Valley (data is shared in tiny pieces amongst all other users) ... nice tech, but either too complicated for the regular user, or nobody has a real need for it.


Oh dont worry, there is need for it
hero member
Activity: 1204
Merit: 509

Yeah...ok dude

Not fudding anything, just making observations

And MAID will be very big when they go live with the SAFE network
No fudders can change that

I agree that MAID will be big if/when they finally release their network. Big in the sense that the price
of the token (or coin) will rise initially, anyway.

I just have no confidence that MAID will ever actually be used for anything. It reminds me of the HBO show Silicon Valley (data is shared in tiny pieces amongst all other users) ... nice tech, but either too complicated for the regular user, or nobody has a real need for it.
sr. member
Activity: 413
Merit: 250
I'm waiting for funding campaign via the bnktothefuture to start. It would take the project to the next level. Factom came through this and they are doing very well. My guess that MAID has even greater potential.  

Fund campaign or FUD campaign ?

I think both will start at the same time...  Wink

You fud? FUD maid and polo, oh poor boy, if you are poor, don't defame polo, they are very clean, but your mouth is not clean, you are very shady.

Yeah...ok dude

Not fudding anything, just making observations

And MAID will be very big when they go live with the SAFE network
No fudders can change that
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