BnktotheFuture Announcement

Did anyone else see BnktotheFuture’s announcement that they have no intention of giving us ANT anytime soon?

So Maidsafe promised us shares in the company for our investment, then dissolved the company and effectively took our shares (but promised us ANT), and then to make it worse now BTTF has told us we aren’t getting ANT. So our investment is now officially $0.

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I recently commented that I didn’t expect BTTF would honour their obligations and people felt I was overly skeptical - but we’ve been there before. :rofl:

Given the situation it seemed to me very unlikely they would, while Autonomi have continued to say don’t worry, it will be fine, we’re answering their questions etc. which has become more ridiculous every month in almost a year.

What exactly have BTTF said now?

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I’ve read on Reddit regarding another project that bttf took 24 month to convert.

Not saying they will or will not, just something I’ve read.

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Some people invested through BTTF, it is BTTF fault and sadly it is upon those invested to hold BTTF responsible.

Maidsafe is not to blame for this problem.

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I can’t find it from a quick search. Can you post a link?

I agree.

thinking/guessing out loud ..perhaps they (bank) have a minimum token value in mind before making good. If i remember correctly they are getting 5% fee? Anyway, if they rip me off that will just get my back up and help me reach my goals faster in the long run (shrugs). I’m easy, either way!

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So, are they going to return the tokens to maidsafe and let them distribute them instead?

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I’ve read it a little differently.

It says due to back end changes they need to make, and the fact they are currently busy on more pressing things, there is no timeline available as yet.

But TBH, how hard is it to split and send some ant!

“Hello MaidSafe SP Investors,

We wanted to provide a transparent update regarding our progress with MaidSafe support. We know many of you have been looking for clarity on when the integration will be finalized, and we believe in being direct about where we stand.

The Technical Reality After a deep dive into the technical requirements, it has become clear that supporting the token—specifically the transition and the necessary infrastructure—requires a completely new integration. This involves significant backend architecture changes to ensure everything runs securely and smoothly.

Roadmap & Priorities Because of the complexity involved, we have to be honest: this integration is not currently at the front of our roadmap. We are balancing several high-priority technical commitments and are not in a position to push this to the finish line immediately.

We would ok update you on gen we are in a position to support a new token type for distribution.

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Can you link the post you are talking to please?

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Above ( 20 chrs )

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That is nonsense from them. They knew it was Omni when they took money from people, so they should follow through with it, not blaming their lack of infrastructure to deliver what they agreed to deliver.

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Sorry everyone, should have posted their announcement in the original post. bones posted it but here it is again for those that missed it:

“Hello MaidSafe SP Investors,

We wanted to provide a transparent update regarding our progress with MaidSafe support. We know many of you have been looking for clarity on when the integration will be finalized, and we believe in being direct about where we stand.

The Technical Reality After a deep dive into the technical requirements, it has become clear that supporting the token—specifically the transition and the necessary infrastructure—requires a completely new integration. This involves significant backend architecture changes to ensure everything runs securely and smoothly.

Roadmap & Priorities Because of the complexity involved, we have to be honest: this integration is not currently at the front of our roadmap. We are balancing several high-priority technical commitments and are not in a position to push this to the finish line immediately.

We would ok update you on gen we are in a position to support a new token type for distribution.”

To me, this means we’re never getting them. If they had plans to give them to us within a couple years, they’d just say 6mo now.

It’s frustrating that we originally invested in shares and have now gotten screwed not once but twice.

@happybeing @DavidMc0 @rusty.spork

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Well Maidsafe promised us shares in the company, not coins, back when we invested. So the first stage of screwing us was Maidsafe’s fault. But this decision to not work on giving us coins, is BTTF’s fault

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Maidsafe said we would get shares in the spv, we did.

BTTF are dragging their heels though.

Coins / tokens were always a part of the deal.

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I don’t think you would have wanted shares in something that stooped existing, don’t think it would have been worth much, better of with tokens.

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they promised us shares, that’s why i invest. if we buy coin instead,i would get 2-3x more coins.

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The terms were clear that we were investing via an SPV with the risks that entails.

But, if the owner of the SPV shafts the buyers, I would be happy if MaidSafe could return the favour, bypass the SPV and get tokens to investors directly.

Unfortunately I expect there are legal & practical reasons why that’s not possible. The situation sucks.