What I mean is they no doubt have a plan B and a plan C but revealing those at this point is not necessarily in the companies best interest and it’s quite likely that they are not able to share future efforts at this point for many reasons.
Having all focus on completing this successfully is what matters right now.
But who knows perhaps the business plan will shed light on future funding options.
Has there been a social media advertising push?
Should we crowdfund one?
We need more interviews and on platforms that have pushed ethereum etc. platforms that interview some of the best in the bitcoin space. Like I recently suggested I think epicenter bitcoin would be a great option. I think singularity 1on1 would seriously be a hugely beneficial interview as there are so many futurist/Silicon Valley/VC/intellectual/bitcoin centric audience that would totally jump on board
Probably already known, but these are some social media channels that post about Maidsafe:
https://twitter.com/maidsafe
https://twitter.com/safepress
https://twitter.com/safenetbackup
https://twitter.com/safenetforum
How about something like an ad on reddit?
I’d think an ad on coinmarketcap will open some eyes. If ads were the way to go. I still think one big investment can and will change the tide.
New videos on Bank to the Future forum section… I’m on my phone and can’t get links to post, if anyone is interested
It seens that few people on this forum is investing on the fundraising,
Can’t blame them, as it is very personal investment decision, but it tells something about the sentiment here
Yeah thats not too hard to figure out. But lets consider that many here are here because they “invested” already, in some cases substantial amounts, some years ago and are determined to see it successful.
The sentiment here is very positive about the Safenetwork.
@BIGbtc, that is actually very correct. If you already invested in the original fund raising, most people may not have spare cash around and haven’t even sold anything yet.
so its unlikely they may put more into a similar bet, wouldn’t stop all tho.
well, almost all VCs who run funds are also accredited investors (who also invest privately, not with the fund(s) they manage), and so it makes senses to approach them if one is going to be doing something like bnktothefuture.
For the members that didn’t see these videos on the bnktotthefuture pitch page, there are 2 new videos with an overview of MaidSafe’s initial market focus & the route to market strategy.
Both explained in 30 seconds!
I invested today. For those interested, here are the reasons why I did it.
I follow Maidsafe for over 2 years now. I like the ideas, the goals and the sharp focus of David and the team. I know a lot of crypto-projects that have their focus all over the place. You start their client and for minutes it’s looking for other nodes to connect to (if it already does). The Maidsafe Vaults connected me to over 40 nodes in under several seconds. This is because the team was “ordered” to fix all trouble with NAT’s, Firewalls and more. That’s what I mean with sharp focus. You see a problem, it needs to be fixed for a good user experience and after several weeks the devs fixed it. Providing fast, end-to-end encrypted connections to all. By working this way Maidsafe takes the best of both worlds.
- A company-structure with clear focus and 100% dedicated employees.
- The power of open source, open development where every mind with an idea can help out.
This is what made Linux and/or Android such good and secure systems. The next question is: how can this company make money out of OS software? Have a look at Mozilla. We all know Firefox and we all know it’s free. Even though Mozilla makes over $300 million a year in revenues. They made so much money that they even turned down Google’s offer to pay them on a yearly base to add their search engine to the browser. Could this be the same for Maidsafe? Well, Maidsafe isn’t about selling your privacy or showing you as much targeted ads as possible. But for sure there are other ways of creating revenue.
- Maidsafe earns a 5% maintenance fee from all Farmed coins. This is a very fair and smart way as there’s no pre-mine. If this project get’s as populair as we all hope the company “earns” coins to pay their internal and external devs for working on the project. They might even hire more people as there’s a steady stream of coins coming in.
- If companies don’t want to use the GPLv3 license they could create their own version of the software (and maybe create local SAFE networks for big companies?) while paying a 1% revenue fee to Maidsafe.
- Maidsafe will probably own several apps used by all on the network. Just as most people use Firefox by Mozilla even while there are other alternatives as well. With Pay-the-producer or watermarked icons etc. Maidsafe can earn quite some coins.
- Not mentioned in the business model on the BTTF-page but definitely an option is to be owner of the Maidsafe channels on Google Play and the Apple Appstore. People rather pay $1,50 a year for a client that’s produced and sold by Maidsafe than a free App from an external dev-group. People could use a “mobile account” for payments and storage on their phones while having their “real account” at their home computer.
Overall I think there are enough options to earn income. I know it’s not the first focus for David as CEO but it wasn’t for Steve Jobs either ;-). Google said several times they focus on users and scaling first. Good to know SAFE scales to hundreds of millions of users without costing Maidsafe a dime. They can watch the network grow as they build their software.
Umm, @nicklambert, In the “route to market” video it says 5 million maid (375P)… but its 375k P
Yes that should be 375k. Thank you.
Congrats on the investment!
For me, assuming the technology works as planned (and that’s perhaps a big assumption) it all comes down to this. So why hasn’t bitcoin scaled as much as many had hoped/expected? The idea has been stated recently by entrepreneurs like Ryan X Charles that it’s because very few services allow people to actually earn bitcoin and allowing them to do so is the key. So, we’re seeing a big push for content monetization via social media (in what looks to me like a similar initiative to Project Decorum). Having safecoin integrated from the get go, for both farming and ‘pay-the-producer’ type services is going to be the thin that really drives mass adoption IMO.
I think we are witnessing the dawn of machine money and many/most people in the future will be able to supplement their income by having their PC, autonomous car, robots and many other IOT devices “work” for them.
That ain’t workin’ that’s the way you do it
Money for nothin’ and chicks for free
Brothers in Arms! (Dire Straits) - well done @MerkleTree great line luv the parallel (well chic’s arent free but… I digress)
Tell me, would you consider a maidsafecoin investment -at current prices - as good as this equity investment, better or worse. I know its a different animal but if a person had $1K, where would you recommend they park it and why?
Congrats BTW. Its a great story.
Congrats on your investment. I also invested, but after reading your reasons I think I should have done more:)
There is a very fascinating thing happening on BNK with the new launch of Synereo campaign. Their intro video is hilarious, but after ignoring the fluff of meditation, neuro-network-focus and view of his book collection…I was left asking the question, “why are they describing the SAFEnetwork?” There is no way a blockchain tech. is going to function like a neuro-network or do 1% of what their vision goals of decentralization; all you have to do is replace the centralized company names (Like Facebook example used) and just say “blockchain” instead…see still centralized. SAFE on the other hand will and already dose have many of the the features Synereo hopes to develop.
I think there is room for everyone to try developing whatever they want, but it is obvious what direction the folks with deep pockets on that website want to go. The whole synereo pitch is a copy of MaidSafe except for one, IMO, crucial point…Privacy (anonymity). I did not hear that word being used once. That one word is why I think there is such an obvious imbalance of support between the two pitches. A lot of companies today who have money have received that wealth from destroying our privacy. Why would they support a company that destroys that revenue model? What argument can be made to this target audience of investors that would convince them the profitable approach in the future will be the opposite of today?
I know the answers to those questions and is why I invested in the crowdsale and BNKtoTheFuture. It is frustrating to see the hair take off so fast, but remember slow and steady wins the race.