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Topic: MaidSafe - is it just me or is this the worst name ever? (Read 1813 times)

newbie
Activity: 34
Merit: 0
 Huh Huh Huh really bad investment ever.....poor group.......poor planning ............. Undecided
newbie
Activity: 31
Merit: 0
Your not the only one thinking about this but there are so many altcoins in the market or some times not in the market that have more worst name than maidsafe i guess this name was not bad at all how aboout titscoins. But name really doesnt matter all maters is the price of the doesnt and the vale of it.

Success to me means widespread adoption beyond crypto geek early adopters. The name is absolutely important for this.

I think it must be from Devs whose native language is not english. Should be Made, not Maid

Project originated in Scotland, I believe. MAID is an acronym related to their technology.

At least the coin is talked about.
This way the name gets more attention.
Names are important (who don´t know Coke ?).
So it is not too bad to give a coin a "really bad name".  Wink

This is true. But if it's going to be a bad name it may as well be edgier. Like MaidVault or Mammoth Erection (a naughty scaffolding company).
hero member
Activity: 826
Merit: 501
Your not the only one thinking about this but there are so many altcoins in the market or some times not in the market that have more worst name than maidsafe i guess this name was not bad at all how aboout titscoins. But name really doesnt matter all maters is the price of the doesnt and the vale of it.
full member
Activity: 270
Merit: 100
I actually like the name.. young Maid's are sexy  Grin
newbie
Activity: 31
Merit: 0

Rather than describing the coin in its name, it's better to evoke to the idea of security. "Safe" is okay, but can still be interpreted as boring. Something evocative like "Vault" would interest me more.
'

I would like to be the first to suggest "MAIDVAULT" lol XD

Haha, now that's evocative. To further enhance the imagery, the domain name could be maidvault.asia.
newbie
Activity: 31
Merit: 0
I've never even conciddered to invest in this project because of it's weird name and I won't.

Exactly. This is more common that many developers realize. The name drives away investors before they have a chance to look closer at the project (I think it's a fascinating project, BTW).
newbie
Activity: 21
Merit: 0
Its where the made hides all the stuff he stole.     She never takes none of that crap im saving, no always the shiny stuff!
newbie
Activity: 42
Merit: 0
At least the coin is talked about.
This way the name gets more attention.
Names are important (who don´t know Coke ?).
So it is not too bad to give a coin a "really bad name".  Wink
sr. member
Activity: 259
Merit: 250
I think it must be from Devs whose native language is not english. Should be Made, not Maid
legendary
Activity: 1960
Merit: 1010
I've never even conciddered to invest in this project because of it's weird name and I won't.
member
Activity: 70
Merit: 10
Hahaha.. Gotta love this post. For me the first thought of MaidSafe was something to help abused house maids, providing them safety! A noble thought but I don't know if we need a coin for that?
hero member
Activity: 518
Merit: 500
MaidSafe is just the name of the current temporary token, when the network is live they will just be Safe coins.
sr. member
Activity: 364
Merit: 250
I agree that the name itself is a bad idea but I don't believe it's the worst. There are really worst names of coins if you check out on exchanges. I'll give you an example , have you ever heard of "TITCOINS" or TITTIECOINS"?
sr. member
Activity: 279
Merit: 250

Rather than describing the coin in its name, it's better to evoke to the idea of security. "Safe" is okay, but can still be interpreted as boring. Something evocative like "Vault" would interest me more.
'

I would like to be the first to suggest "MAIDVAULT" lol XD
newbie
Activity: 2
Merit: 0
It's not just you. This truly bugs me -- enough to resurrect the topic.

I'm a fairly rational person, and an engineer, but because branding is absolutely critical to project success, the lame name alone made me limit my initial investment. There is zero cool factor to the name, which I expect makes many investors yawn and look elsewhere.

The "SAFE" part is fine. The "MAID" part only hurts the coin.

If we go by the Igore naming guide, Maidsafe is a functional name (functional names, like "Computek" and "Qualiserve", are the bottom of the barrel for branding). Maidsafe is also evocative, but in the wrong way (I don't think they intended for you to imagine a cautious housemaid).

The best brand names are easy to remember and evocative in a compelling way.

Examples of great names, from a marketing perspective:

Dash  <- "Digital cash" that's fast. Both functional and experiential. Perfect branding.
Ether <- Evocative and somewhat functional. Has cool factor, and sort of describes the project in an abstract way. Love it.
Tesla <- Evocative.
Virgin <- Evocative and provocative. Not functional at all, yet one of the most successful examples of branding I know of.

Rather than describing the coin in its name, it's better to evoke to the idea of security. "Safe" is okay, but can still be interpreted as boring. Something evocative like "Vault" would interest me more.
'

Nice analysis
hero member
Activity: 672
Merit: 500
This is nothing new with altcoins, now the main aim for developers is to just create a coin and have a successful ico , they really don't care about the names. Take this case there was a trump coin and now someone created freakin president trump coin. I mean wtf is happening to this community.
newbie
Activity: 31
Merit: 0
It's not just you. This truly bugs me -- enough to resurrect the topic.

I'm a fairly rational person, and an engineer, but because branding is absolutely critical to project success, the lame name alone made me limit my initial investment. There is zero cool factor to the name, which I expect makes many investors yawn and look elsewhere.

The "SAFE" part is fine. The "MAID" part only hurts the coin.

If we go by the Igore naming guide, Maidsafe is a functional name (functional names, like "Computek" and "Qualiserve", are the bottom of the barrel for branding). Maidsafe is also evocative, but in the wrong way (I don't think they intended for you to imagine a cautious housemaid).

The best brand names are easy to remember and evocative in a compelling way.

Examples of great names, from a marketing perspective:

Dash  <- "Digital cash" that's fast. Both functional and experiential. Perfect branding.
Ether <- Evocative and somewhat functional. Has cool factor, and sort of describes the project in an abstract way. Love it.
Tesla <- Evocative.
Virgin <- Evocative and provocative. Not functional at all, yet one of the most successful examples of branding I know of.

Rather than describing the coin in its name, it's better to evoke to the idea of security. "Safe" is okay, but can still be interpreted as boring. Something evocative like "Vault" would interest me more.



Maidsafe is an acronym. It's also the name of A Company, not the network. It's already known as Safecoin. Safecoin will be the currency on the Safenetwork. You can use Safemail, or Safechat, or go to the Safemarket. Maybe post a video on Safetube

Seriously, you're engineer and didn't look into maid further, because of it's name? BTC has the Pizza guy paying 10,000 BTC for a pizza. You will be known as the ENGINEER who has already lost out on 10x possible gains! Lol! Why? Because you weren't evoked?

What does Safe evoke? Security.



Didn't see this earlier, but you're wrong to assume I didn't do my due diligence and I didn't invest.

My portfolio is up 13x since this was posted. I looked into MAID in depth long ago, and invested a decent amount (less than in Siacoin, more than in Storj).

I would have invested more if it was better branded, but I still have a decent position. So far, MAID is my worst performer, but I'm holding in anticipation of big gains long term. I've also invested in some other projects built on the Safenetwork.

Zero regrets. I invested the most into Siacoin at 29 satoshis, which is paying off ridiculously well.

Safe is brandable, as I mentioned before, so I have more confidence in "Safenetwork" than "Maidsafe". MAID is useless and actually harmful for branding. It being an acronym is irrelevant to that. Massive upside (more than 10x speculative pumps) will only happen with widespread adoption, and mainstream users don't care about technical acronyms. Glad they seem to be moving away from MAID and toward SAFE as the key word in the brand.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
YEp it's bad. Buit 99,99% don't care about name. Just how to make profits of coins. Same they don't care how the coin will be used/whitepaper and etc.

not sure, many does care about the name, bitcoin as such a beautiful name it's reason for the success, the name is important, if bitcoin was called bitbip or other stupid name it would not have this success, guaranteed
monero is succefull despite the bad name because there was no other good option for anonimity, i think things will change with zcash and classic, or zcoin
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
Agreed i have never liked the name.

It's about as bad as Monero  Cheesy
Monero is much away better to my ears rather than on maidsafe name which have been mentioned above its just like i need a maid to clean my house. Grin Monero name is  too masculine which is good indeed and sounds very attractive.I dont know what are on the minds of Devs of creating this weird named coin.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
name is the last thing altcoin developers and also the traders who join the pump and dumps care about!
all everyone is seeing is "profit" on their bitcoins so that they can have more bitcoin after that altcoin died.

and besides i say MaidSafe is a lot better than some other names that i come across, specially on shitty exchages such as yobit. you can see weird names like almost all the words in a dictionary such as Yes, Ride, Today, space, gay, pump, crash, ponzi, pig, ... (and yeah all of these names exist or existed at some point)

the funniest of all was something like crash
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