MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising

I was just notified of your investment coming in so I think you are all set Will. Welcome on board and thanks for the vote of confidence.

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Thanks for the amazing interview.

The insights in that alone persuaded me to push the button today so great job there sir! Hope I presented your points correctly in my post just now

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They take 5 working days from memory and you are verified.

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Still waiting on mine after I realised I had upload size errors the first time! Meh! :slight_smile:

Mine still says this, so I have been waiting. Can you fire on without confirmation, assuming you know the ID is legit?

I sent my Btc from Polo. Whoops. They confirmed receipt and my investment so all good there, but I’m a little concerned if we don’t make it. Am I right in thinking they refund to your BTTF account and from there it’s your choice where to send it?

Hopefully a moot point, I still have some confidence. A lot can happen in 16 days especially once we break 500-600k.

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You don’t need to worry about ID until you want to withdraw really @Traktion. I did mine months after my first investment.

Refunds go to your BttF wallet @danski, not to the wallet you deposited with.

Good interview Nick/Fergish!

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Excellente. Let’s hope I don’t get one!

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@whiteoutmashups I used your 8 reasons @Audity I’ve used your SAFEcoin pitch. thanks bro’s

Now it’s a little better structured data :stuck_out_tongue:
I hope that my little brothers Maidsafe share of today arrives soon, Shapeshift’s system has been spitting out a lot of failed TX’s lately. So that has to be sorted out first

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If the 1.5 mil doesn’t happen then everyone gets refunded?

Just seen its 1 mil. if that isn’t reached then the investments are transacted

Yeah. Your BTC gets returned to your bank to the future wallet and you can withdraw it back to whatever address you want to

Think you can also invest directly with fiat and will get that back. I was also just looking at this:
Sep 27th - 30th Sep - 1 safecoin for every £5 invested

Does that mean if I invested £5000 today. I would get 1000 safecoins which is approximately 80$ worth of safecoin? (Its just a one off thing)

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That’s correct Chris!

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Thanks for confirming my understanding.

one of the revenue streams is network maintenance for 5% of all safecoins. Is there a simple explanation for the mechanics of this? And is that only going to Maidsafe?

Nick, just to make sure: the Safecoin will be delivered after the Network goes live, correct?

That’s the way I got it at least. Which also means that the approximately 80$ that a 1000 Safecoin (MAID) are worth today may either be less or more by then. Personally I’d expect the latter, but it all depends on the circumstances of course.

I’d just thought that would be a good thing to point out. My personal expectation (not based on any science or hard facts) would be that by then a 1000 Safecoin will be worth (substantially) more than $80.

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I’ve got some questions on the cost vs revenue over the next few years assuming you get the investment and how long that would last. Best to ask on this forum or on Bnktothefuture?

I think a better place may be the Bank to the Future forum since your questions may also be of interest to other potential investors there. I see Nick posted some financial projections there today as well.

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OK cheers, will put my question above re the 5% there and the one regarding the loans.

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