Ok, to summarise, from a team perspective, where we are at with this thus far.
In principle it’d be great to allow MAID to exist and be traded in any form that suits those that wish to hold them, provided it can honour the commitment of there being a fixed supply of 452,552,412 MAID, and that these can be exchanged 1-for-1 to Safecoin when the network is launched. This does—as you can see from all the threads within threads right here—quickly lead to questions of the redemption process, and the network genesis itself.
So that is where we find ourselves at the moment, we are discussing internally the various approaches to this, the practicalities, the sequence of events, and how these could be made intro proof of concepts, either by us and/or the community, so we can make it all robust prior to launch.
I guess I just wanted to acknowledge the frustration for some to see us standing in front of what looks like an open goal; but to let you know we are grappling with it, but yet still keeping focus on the tasks for Fleming.