MaidSafe and project SAFE moving forward

Continuing the discussion from Extra MAID generated from the crowdsale:

dirvineMaidSafeMar 17
nicklambert:
1NpScs5QhqmSeV6FZUdGUFvVVfQGbuBV3Y - 918,046167PEWFSQe4mkGbghzHbgi5MYLQic18PF4 - 3,055,6831vA1bWVQhXHhv6TQ6BX2av2UgvjsZ5976 - 5,000,0001CduoEx49uroCsc5ncHzi1Yss8AZF6MYoS - 5,000,00018TbX9MNM1Acj89CxtSGJ3y9sjeZf9JjjA - 5,000,00012i8B7P2BWT4zywCMyqmN7HpMj1RnDDhDk - 5,000,000
These coins have now been moved for security and now reside at these addresses. Just for anyone who is interested. The addresses are

1Am8qLdvRF7bZQ1eYreVY7n4vSTwHUEWrU 8,973,729
1Bona24fYY3Qx2uFcnt6eDsWqao5vo6Mez 5,000,000
133pYGsG2dDVFSsNK5RSuK7fQFmzjCNquY 5,000,000
1LLV91m8jJuaD8tavssMcNu8GdLRu8Nz2n 5,000,000

Just to keep everyone in the loop :wink:

Wow this has my brain going a thousand different ways. One of the first things that popped into my head was this above thread started at the end of last year. It appears you already sent 1M to Poloniex over a month ago (http://omnichest.info/lookupadd.aspx?address=1JXEMejykPeq41qkAKNEtPzSDCKaohHndA) What can you tell us about this?

I have not wavered my support and will continue to support this project to either a spectacular success or failure. I agree that to build what MaidSafe is building requires a lot of value invested, and I have never witnessed a better way to build a community supported project with completely open development, but IMO there has been very little input from the community on the financial management of the project and close to zero in financial transparency; which is fine if my assumed thought was your company is solid from the crowdsale and it wasn’t stated in original terms.

I would have paid out a lot more a year ago if it would have got me a product I can use sooner. I would have worked night and day to find a way to bring in more value to Maidsafe (In some ways I already have). This decision made by MaidSafe though is a massive gamble (MAID will hold value…which by the looks of http://omnichest.info/lookupsp.aspx?sp=3 already close to 100% of pre-announcement MAID on Poloniex has already been sent Poloniex…we are going to take a hit) and have forced all of our hands on to hold (for how long at undervalue) or sell. I think the moment you spent those coins on 4-28-2016 there needed to be complete transparency of your finances; because you are drawing on the community that makes that value. Instead you have tied all of our hands and risked everybody’s investment by this announcement and skimping on development to make the markedly less perceived funds last this long.

From this moment on I think we need much more specificity of where MaidSafe is at in development (Specifically SafeCoin functioning)/timeline, and where are MaidSafe’s finances. I think we as time/monetary investors and now non-consensual lender’s deserve to know realistically what we are looking at for locked-up liquidity. Having our future liquidity locked is asking a lot from a community that has painfully watched other crowdsale project coins go x75+ in value and producing exciting products. We are all here because we know in our hearts that a successful SAFEnetwork is beyond any monetary value and the projects that are built on top of it will change all of our lives, but the terms of the crowdsale have changed and I think the community needs more openness in those areas.

5 Likes