I want to ask what exactly is the time consuming part? In the forum, we have 2 projects that have transitions to ERC-20 and have teams of 1-2 people, so I find it difficult to figure out what would take time?
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Thanks for the feedback Nick. If listing on other exchanges is a possibility and just a question of fees (and market makers) then yes indeed I’d agree that is the better option. I had assumed that since new listings had been few and far between since the Bittrex delisting that it wasn’t really an option anymore.
In the worst case, if Poloniex decided to delist with no notice, and then the MAID price fell significantly, would you be confident, and have the resources, to list MAID on other exchanges without interrupting/jeopardising development?
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Hmhmm - you know that both of those erc20 are not listed on any exchanges - so one cannot exactly say that has solved all problems immediately
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There is DEX where you can trade them, but there are not many willing to trade…
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Maybe they can comment on this. For example, how many holders, how many transitioned and how much time and effort it took a) to set up, and b) per transition (given several required manual intervention). I’m also curious to know how many have made use of the facility after having moved their coins. @Seneca @Whiteoutmashups?
All of that would be helpful in establishing the usefulness and effort required.
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You can see information about them here:
Project Decorum Coin
Holders: 51 addresses
the last charge is Transaction Fee: 0.001832495 Ether ($0.43)
SAFE-FS Coins
Holders: 17 addresses
the last charge is Transaction Fee: 0.004003615 Ether ($0.95)
Edit: And the Order Book on EtherDelta for SAFE-FS:
https://etherdelta.com/#0x6204f04dc9a0a7c1a5e9eb8736fc8ea28484fa9c-ETH
Edit 2: ok, so the Order Book is not displayed by clicking directly on the link. Click on PPT / Other / Address: add 0x6204F04dc9a0A7c1A5E9eb8736fC8EA28484fA9c / Name: add SFSC / Go
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It’s really not that hard. I’m very sure that the reasons MaidSafeCoin isn’t being transitioned are not technical at all.
You just set up burn addresses for the Omni versions and have some sort of simple interface where people can then enter their ETH address.
You can see my simple solution on the bottom of safe-fs.io
I think MaidSafe is trying to honor their oldest holders, who have been around since before BTC, and don’t want to bother them with anything that could be interpreted as confusing or dangerous for their holdings, even if it isn’t actually mandatory. Might be hard to communicate that to everyone.
But can only guess. I wish they did though. It’s great to be automatically added into new DEXes, and easily integrated into any others, since erc20 is still basically the gold standard for tokens.
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I didn’t think it was hard. I was hoping to get some stats so we can estimate how much work is involved.
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Depends how much you can automate. I didn’t automate, it was basically a HTML / Python (Django) form that took in that info. Hours work or so perhaps if you’re pretty comfortable. Then I would verify manually and send.
But this was only possible for me because I had so few holders.
MAID would need scripts, due to the massive amount of holders. Still not much work though.
I think PDC did a hybrid approach with a tiny bit more automation than mine, but it still seemed like @Seneca sent the erc20 versions in batches at the end somewhat manually.
Hope that helps
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Ok, so if Poloniex closes in 1-2 days it is quite possible to switch to ERC20 and use DEX… This is very good 
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I wish this showed farther back than only the last 24 hours. Would be nice to see other trade histories for erc20 SFSC.
Does anyone know another way to track that? Maybe other DEX or explorers? Or does it truly get wiped every 24h?
Sure. Do you have any figures for how many FS holders to start, how many moved to ERC-20, how many have traded using ERC-20 for example?
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In addition to DEXs, hardware wallet support would be another big plus.
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Will this be only a one way interface, or would it support burning erc20 tokens in exchange for omni tokens?
I think the real issue isn’t the dev work, but the necessity of support if/when something goes wrong. What happens if someone sends to the wrong eth address?
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The time consumption will vary from project to project based on how much dispersal of coins has taken place and how many exchanges are running with the coins (and are now required to swap over). Shooting a little from the hip but major aspects of a transition could involve:
- Detailed migration plan
- Notification - creation of notifications and press releases
- Discussions and managing transitions with exchanges (including possible payment for the addition of a new coin).
- Create/audit smart contract on selected platform
- Possibly create a burn address conversion tool to aid the process.
- intensive support demand (this is where I think a huge amount of time would go judging by the experiences of other transitioning projects) as coin holders look to move their tokens from Omni - here’s all the MAID wallets that currently exist:https://api.omniexplorer.info/ask.aspx?api=getpropertybalances&prop=3.
- Ongoing support - continued but less intensive demand for conversion by coin holders.
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It is an option to list on others Oscar, but as our resources are more limited than other projects (and greater than others) we have to be more selective.
Yes, but the quality of the exchange we list on may not be a tier 1 exchange.
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It’s technically possible, but I’ve never really seen anyone request that 
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MaidSafe doesn’t actually own many Omni tokens itself at this point, does it? I had the impression that they had almost been completely sold to investors to fund development.
I think given the support burden you’ve mentioned, it probably isn’t worth making an erc20 version, but I could imagine an awareness boost following from the announcement of a new token.
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I would also be very happy to see a migration of MAID Omni coin to an ERC20 token! 
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We have some, but I think the main point @opacey was getting at was to avoid a low liquidity situation rather than driving awareness - which I agree could happen.
As an additional thought, Poloniex delisting certain tokens could prolong or enable the affected tokens to stay on the platform permanently, but just not available to US investors. This is of course preferable to a complete delist.
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