Yes we are well oversubscribed. We were already after a couple of hours, but we let it run a bit, to give folk a chance in other timezones. Thanks everyone, it will take us a wee while to work through all the applications and see what we can do for everyone.
So awesome! Talk about an army!
Wow what a great response by the community! Awesome!
Damn @dirvine. You should have gone for 20 million. Hahahaha
To put a more recent spin on these figures, since 2019-01-01, daily volume stats are
Average daily volume MAID: 445,484
Max daily volume MAID: 7,079,086
Median daily volume MAID: 268,248
Average daily volume BTC: 10
Max daily volume BTC: 117
Median daily volume BTC: 6.5
Script for tinkerers to paste into their devtools for the above link:
key = "quoteVolume"; // MAID volumes, change to "volume" for BTC volume
sumDailyVolume = 0;
maxDailyVolume = 0;
minDailyVolume = 99999999;
data = JSON.parse(document.body.innerText);
for (i=0;i<data.length;i++) {
day = data[i];
volume = day[key];
sumDailyVolume += volume;
if (volume > maxDailyVolume) {
maxDailyVolume = volume;
}
if (volume < minDailyVolume && volume > 0) {
minDailyVolume = volume;
}
}
avgDailyVolume = sumDailyVolume / data.length;
console.log("Average daily " + key + ": " + avgDailyVolume);
console.log("Max daily " + key + ": " + maxDailyVolume);
console.log("Min daily " + key + ": " + minDailyVolume);
data.sort(function(a,b) {
if (a[key] > b[key]) { return 1 }
else if (a[key] < b[key]) { return -1 }
else { return 0 }
})
medianDailyVolume = data[Math.floor(data.length/2)][key];
console.log("Median " + key + ": " + medianDailyVolume);
It is clear that there is a very strong army of people, positive on this project, that will keep it alive. Thatâs the silent positive majority Iâve always mentioned. And itâs not just monitary support. Maidsafe has a lot of guardian angels out there.
Petty forum squabbles wonât derail this project or the community spirit. We can sit back and laugh at any attempt to do so,
A quality project is a quality project.
The public have spoken, and have put up 10,000,000. This shows great confidence, and will breed further confidence
if the funds are safe and sound, whould it not be ideal to grow the routing team for instance? they have the funds then why not speed up the development by hiring new programmers?
Long time watcher of the forum here. Itâs amazing to see it being oversubscribed in a matter of hours. Unfortunately not giving me the chance to sign up, but if this doesnât give you faith in the future of the project I donât know what will.
One of the strongest communities around in crypto space, kudos to you guys!
They are not, we have a process that has not begun to bring in funds yet. We will build carefully and solidly, We have just come through a large and vital change to the business. We donât have cleared funds in any bank and I am not building too fast to let folk go when the market rattles. Thatâs not how I operate. I will ensure the solidity first. That may be days/weeks/months, but it will be what it will.
It doesnt always work like that, first you will slow down a few months helping the new guy to speed up. I donât think you will like that
Yes we could have closed last night (our time) but it would not have been fair to our antipodean pals I need to see how we handle this oversubscription, increase the take (we can as I only need to put up more of my shares and thatâs cool), reduce everyone by x% or whichever other mechanism we can use. It will take a couple of days to figure out.
Blimey! I was just giving this a read again, with the plan of contributing, but it looks like I am too late!
Still, I will take it as a positive - good to see so much support and so quickly. Fantastic community!
Donât know whatâs left from marketing, but this could be a nice press release!
TBH, I think we would have put up the MAID even if the return was 1.1x and not 1.5x. The most amazing community this is!
Great news on the rapid subscription to this.
It shows real belief in the project that people will lock their MAID away to support it.
It also means that, if the run-rate can get down to ~ÂŁ60k per month, there will be plenty of funds to ensure continued development & mean the team can focus on working and bringing in resource where essential, rather than worrying about funding.
I do hope that the majority of this MAID is kept for as long as possible. As more visible progress is made (flemming and iterations of it), I expect interest in the project will grow, and the MAID price along with it, which could provide serious funding to the project as it gains momentum.
Exciting times, and what an amazing response from the community!
Very smart move and I âam very happy that the funding round already is a success. As when I have seen you Irvine in action with for example other clever minds, you are always a few steps ahead and so even this time.
Personally I think that it would be good to bring in at least 20 million MAID, my thoughts have been that new funding was probably needed by around this time of the year and that the range would be 20-45 million MAID. With the over filled subscription that might be one solution to consider. Otherwise I think first in first served should be the way to go.
Very happy funds where raised so quickly and it shows strength, commitment and belief from the community and investors. I wish I had that amount of MAID to support but I âam a little way off. The risk/return seems fair as investors canât grab a life boat, if for some reason the ship sinks, and that the captain will be the last to leave shows strength, not usually seen in todays world.
I hope that not having an office wonât affect the productivity rate, a little concern but I hope to see the same excellent progress as we have getting used to for the last year/years.
Dammit. Missed my chance. Please let me know if this is truly over @maidsafe. Coins are just sitting there anyways and Iâd like the opportunity.
Where was Satoshiâs office?
All kudos to Satoshi but this project is a different kind of beast with way more impact, complexity and potential.
Uggghhhhh I was too busy trick r treating so wasnât able to write the email in time. I definitely wouldâve lent my stash for a 50% increase! Maybe bump it up to 30 million?? More resources at hand to get us quicker to launch?