Is there actually any code behind this project?
Is any of
https://github.com/maidsafe/MaidSafe/tree/master/src actually not from the freenet project?
"What stage is MaidSafe at right now? At
https://github.com/maidsafe/MaidSafe/wiki/Roadmap I see that, over a "local static network," that "Login/Logout via MAID keys" and "Store/Get data chunks" currently work. Okay, but surely that's not all, because I also see..."
from:
https://groups.google.com/forum/#!topic/maidsafe-development/vnJFdUdll7E
I have to say, if there is literally nothing to invest in... this is the best business plan ever! Raising $6M already - can't imagine that on Dragons Den.
When I heard about this I was happy to see that the thought even exists. And indeed I might even buy a few to support the idea of the project. If they have this much cash then if I were them I would at least spend a small amount trying to start the project.
Here is what Maidsafe claim :
A new p2p Internet. Free and decentralised.
Here is what it is (so far) :
A copy of a 14 years old open source project named freenet.
A centralized closed source software that need you to trust the staff not to look at your data and sell it to NSA.
An incentive to centralize all the network because of the competition for money. As a consequence, your data could be deleted and lost.
An unfair IPO at a fixed max amount that force people to send in a hurry without checking the project.
A huge pump&dump manipulation for MasterCoin.
It seems to me someone planned this out to make personal profits.
It's a very small business of six people. Maybe only two to three developers. Everyone just gave these people millions of millions of dollars. In contrast, their revenue is only around $400K and (after paying employees and expenses) was previously, likely, making no profit (it may had even been going into the red but only the company's accountant would know).
Maidsafe has been in development for 8 years and, as you claim, we could tack on another 6 years if it's a copy of freenet. That's fourteen years of vaporware. IT Corporations have all those operating expenses and high six figure salaries they have to dole out, so this may had been a brilliant move to secure funding for the next decade(s).
Only thing people have received are these Maidsafecoins (proxy token coin) and people won't get their SAFE coins (real coin) until the SAFE networth is launched (if ever).
That quickly results in a scenario where, if this stuff is vaporware, everyone is stuck with worthless Maidsafecoins which will plummet in value when people give up waiting for a vaporware project.
