You are suggesting the price of safecoin will take a nice bounce when the minimum is hit. Will that be regardless of when it hits or only if the deflated coin holders are dragged into the 11th hour?
This is confidence building and great to hear. Can you share any details of these anticipated ālarger investmentsā? I assume this is not pure speculation and can only mean there have been/are backroom discussions. I will also assume you are feeling confident the minimums will be met. Thanks
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The main thing I was wondering about: will somebody, if the opportunity arises, try to profit with safecoin with the foreknowledge that he will make the minimum at BnkToTheFuture happen?
Random example: from 60 to 100% of the minimum at 1 day remaining.
In scenarios like these one can be forgiven to hope on a bounce of the price of the safecoins.
That scenario is probably unrealistic, because of a lot of factors I donāt know or didnāt think about. For example the volume of traded safecoins has to increase a lot. Otherwise you canāt buy a lot of them at a low price.
People selling safecoins to help to get to the minimum could of course lower the price, hence make for a greater bounce.
But enough of this wondering for me: Iāll invest modestly to help prevent such a scenario (not only for that reason of course 
).
The 1000 is a little steep for me right now. Otherwise Iād be investing. 
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Is this open to investors in the US?
Yes. <20 characters>
No, Iām afraid not. Read the disclaimer down the page.
https://bnktothefuture.com/pitches/maidsafe-net/
Disclaimer
THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE IDENTIFIED ABOVE (THE āCOMPANYā) IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO OUR TERMS AND CONDITIONS.
This investment opportunity is not an offer to the public and is only available to registered members of BnkToTheFuture.com who have qualified and categorised themselves as able to invest. The investment opportunity is not directed at persons located in the United States. Any person who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
MyLegacyKit,
Do you know if this applies to an investor who invests in bitcoins? Or rather would it be possible using bitcoins and a VPN?
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Yes it is. Sign up and try for yourself. I think that is just legalese to cover their behinds.
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I discussed this exact same thing two days ago. Great minds think alike alas so do fools.
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I live in the USA and verified all my required proofs for the USA. I was able to invest (with bitcoin at least) without a problem. Went smooth and will use BNK to the future again in the future;)
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Good to hear that. No idea why they put that US specific line in the disclaimer then?
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The 2014 crowdfunding campaign raised 6 million dollars in 5 hours. The equity fundraising however is constrasting at 250k in a week, with 3 weeks to go.
Of course there are big differences between crowdfunding and equity fundraising, but the contrast concerns me a bit.
With the software being open source and free, and the data in the network being owned by no one, and income for people that publish apps not being being skimmed by an app store, Iām concerned that potential investors are on the fence about wether or not MaidSafe itself will in fact be a financially sound investment. There is not really any statement on that in the pitch, except for this statement in the blog:
We will also be looking to develop our own applications, because we do see commercial potential for us as well
Trust in the future of shares is not improved by learning that:
David Irvine [ā¦] decided to give all his shares in the company away to [the MaidSafe Foundation]. Thus, the Foundation is the largest shareholder in the company
Either Mr. Irvine made the same assumption about the company, or he is the Ronald Wayne of Apple.
Please tell me Iām wrong. Either way, I think Mr. Irvine should elaborate a bit about how MaidSafe has the potential to be a wealthy company once the network is āset freeā in order to attract more investors, before the equity fundraising ends.
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Iāve heard mentioned that the killer app of Bitcoin (cryptocurrencies) is speculation. This equity sale is long term investing not short term speculation. Wrong crowd.
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Have you had a look at the forum section on bank to the futureā¦ you may find some of the answers you seek there.
As per Nick L on thereā¦
āIf we assume that MaidSafe achieves its business plan, it will have Ā£80m revenue and Ā£50m EBITDA in 4 years time. If a profit to earnings ratio of 10 is applied to these earnings, the company would be valued at Ā£500m in 4 years. If an investor were to expect a 15 X return, they would value the company at Ā£33m today. We have rounded this down to Ā£30m.ā
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You might wanna look at PtP. Or pay the producer. We have several topics on this forum about that topic. Really long ones 
. It means, you make an app and have the opportunity to active PtP if you want. So now your App is causing data to be farmed. An extra 10% will be farmed to pay you as a app-developer. So if Maidsafe comes up with apps which are used by a lot of people (as they do know) they might earn money as the producer of the App.
Another way for making money could be the use of their name and the trust theyāve gained. Imagine going to the Google Play store being able to choose 4 different Apps to acces the SAFE Network. And 1 is by Maidsafe and costs 1,35 dollar a year. The 3 other Apps are free but you donāt know whoās behind them and you never know if they update to being āevilā. Which one would you choose?? I would go with Maidsafe. Even if it costs me little money.
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Iād be very surprised if MaidSafe didnāt make their client free and open source.
If Safe catches on, Iām sure MaidSafe will have plenty of revenue opportunities, though. The very least of these could be acting in a consulting role for larger companies wanting to develop on Safe.
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Where are my shares? 
It should say A or B shares.
I do work for and designed MaidSafe to provide privacy security and freedom to everyone in the world. In doing so create a network that rivals the current Internet Services. I have always seen MaidSafe as being in a phenomenal position to profit in terms of
- Creating value via market pull and not technology pull
- Licensing
- Partnerships
- We designed this, what else can we do now, look at AI, autonomous cars, Iot etc. Itās a long long journey, but we are in pole position
Plus an awful lot more.
Personally I see this is a vital thing for humanity and rather than make a ton of cash then start a charity, I see benefit of doing that in reverse. So I am here, I work hard and continue to as the vision is paramount. As the CEO of MaidSafe then of course itās maximising profit and opportunity for growth and expansion, worldwide. I believe this happens through fair and honest deals and never on crushing competition. Success wins, criticising and targeting others just wastes time.
Making money from disrupting a multi trillion dollar market then is a much simpler task. A bit like asking Feynman if he can do long division 
(not trying to be cheeky, but I always get amazed when folk wonder how you can make money with such a massively disruptive product and skillset in a growth market).
So to do this you need, grit, determination and money, lots of money and to get money you have to provide returns, large returns. I do prefer jonas salk to any venture capitalist comparison actually He was no dummy and did not leave himself homeless, even though his generosity saved many people suffering. The Apple guy just was not as rich as he could have been, but maybe others benefited from his lack of vision, who knows.
So I believe in the vision, the company and the community. We will release some further info on the market, opportunity and route (itās all detailed in the business plan) to market this week. I hope that will help.
Sorry for brevity, on the dev update hangout
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@dirvine thanks very much for elaborating.
Salk campaigned for mandatory vaccination. Will you campaign for mandatory SafeNet?
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