You know the project and community, and have a good idea of the value in this project. So the pitch is timing:
> $2m resources donated to complete at speed and pull together apps, audit, technical docs and everything needed for launch: Announcing the BambooGarden Fund
Really you’re a little late as you can see from the charts, volume looking like there is interest.
well at least I was early on the bag I already have lol. Maybe I should just roll with that and not buy any more now that it’s up?
Of course I am more resistant to buying more if the price goes up. That can however be countered by reasoning that suggests it’s not just a short term bubble and is new value being realized. These two points are definitely valid, and I know many here just invest on what’s under the hood.
I guess my question is what is being done to market these points to people outside our community. I really wish we had even like a 50k fund devoted to marketing. Was kinda hopping I missed something where there was a pivot towards customer acquisition, rather then just being “product focused” as the lack of marketing is referred to here 
Yeah, I feel like MAID is a bit like a nuclear chain reaction coming given the limited number of available coins and what’s been going on:
It seems to me that sometime in the next few months we could hit critical mass and the price takes off due to the narrative catching fire. That this is really happening and the good news is rolling in. It’s more an overall psychological thing than just the testnet or just a particular event. I think 2021 is going to be a breakout year. I could easily foresee $5 by Summer.
It moved it 50% in a week, I disagree it won’t move price.
We will gain customers with a feature rich network and having a 2 million dollar fund to achieve those new developments is a lot better then a straight 50k marketing budget in the long run.
I think it’s not all one or the other. There is synergy between technical development and marketing. IMO it would have been better to allocate 1 950 000 to development and 50k to marketing and the two could really feed off each other. Even at that it would be way more product focused then many other projects. I think for many of them it is split the other way with the lions share going to marketing efforts. In those cases I agree the hype can really exceed what is actually there. In this case I am concerned the hype will be less then what is there technically.
MaidSafe have money for marketing but at this point are finishing the functionality. I think once we’ve seen how the test net goes well have an idea when they’ll be able to turn that on.
You might be right but I prefer to take the optimistic approach of we were generously given 2 million, this is how it’s being appropriated. I was unaware that it was going to be given and I assume most or all of the people on this forum also did not know which leaves the possibility for contributions in the future especially if core holders gift a couple bucks if the price keeps going in the right direction.
This is not directed at you but in general the energy here on Thursday was buzzing and now a couple days later it seems to have turned back to almost a neutral undertone. We are far closer then ever, should be grateful for that, the fund and the people who contribute to this everyday.
It’s more than $2 million today and growing
ya I will probably wait until they apply some energy to marketing to get any more MAID. That is something I am like 99% sure will increase the price. Another “almost there” moment is not super enticing at this point.
On the other hand if it wants to blow up while I am not looking at least I have some from like the very bottom. I’d say I got enough that if I am wrong and marketing is not required for a moonshot I won’t feel like I spent all this effort being involved then missed the big payday.
Is a tough call, but from a trading perspective I could see that. Maybe you miss the rise from $1 to $5, but catch the rise from $5 to $50 and make money another way in the mean time. On the other hand, TA may suggest that the recent price activity shows MAID is a “buy”.
EDIT: Note I am in the USA, loaded up just before Poloniex closed at ~$0.10 and have no intention of selling anywhere near current prices. I never do well trading. I am holding for the long-term.
That’s really the thing…There are too many short/medium term opportunities competing for my investment right now. The whole crypto market is on fire so it’s a tough sell to be like why don’t you buy some MAID and HODL for an indefinite amount of time while all these other potential profits are being missed out on.
EDIT: ya I used to daytrade like a madman on polo but when they delisted MAID I was just like whatever I buy some of this really cheap and forget about it. So far so good it seems!
Come back in another 3 years. It will be worth staying away
I don’t think we will need that long
I am just not even going to speculate on how long this is gonna take anymore lol. Show me concrete actions that get more people to buy MAID now and I want in. Getting listed on a new exchange for example is a big move that does draw my interest. Spending 2 mill on devs is like ok you have fun with that.
I don’t know if the fund is as exciting as a single community member donating 1.8 million to start the fund. That shows commitment and belief. Yes you still need to get people to come on and use the network and move the price but i don’t care what kind of money you have, 1.8 mill is no joke.
I suspect this person was just like well I could pay taxes if I change my early adopter ETH to cash in my bank account… or I could put it into this thing I am invested in and buy growth there instead of giving my profits to the government. Yes I am happy to see it to. But I am not like astounded.
He/she could have also just bought 1.8 mill worth of maid with the ether. I don’t look for the underlying reason in why people do donations but even if they would have paid the taxes and cashed out thats, 1 mill less of personal money they have, so good on them.
I wish I held my presale ETH to this point lol. In that case I would just be like ya sure here take 1000, that doesn’t effect my quality of life too much. Go do marketing and make me amounts of money I care about.
I’d recommend you just leave MAID for now, as I’d expect the things you seem to be looking for to cause a short term price hike are close to irrelevant to the team.
Actions aren’t being taken to pump the token price, but to get the network up & running, and it doesn’t seem that financial resources are a big constraint (or even any constraint?) for now or the foreseeable future so I expect their interest in pumping the token is small to nonexistent.
A big focus on marketing & reaching new users / developers etc is likely to come when there’s a platform that can be developed on - not to create hype around and unreleased product that developers can’t do much with & end up being disappointed with.