yep that looks like the way it is. I can’t make them do marketing. Just saying personally I prefer to invest in things that have shorter profit horizons for better or worse. There have definitely been times I shoulda just bought and held for years rather then worry about short term, that is for sure!
Anyways I haven’t been by here for a few months and I was just hopping maybe we were at the point where I am really interested in buying again. Looks like not right now though.
Long term, you need a product and apps. No amount of new exchanges and hype will replace that. Me and others will build apps on safe network, not because we need to, but because we want to. They are what will seed lasting demand, not powder puff, short term demand.
Looking at ATH of various 2018 boom darlings shows that their success was mostly short term and they are miles off ATH. MAID was a slow burner and is already close to cracking ATH and moving on from there. The technology and the team is what keeps us coming back and no amount of hype or exchanges will change that.
Yes, new exchanges will help, but they won’t replace the longer term need to deliver something useful. The previous cycle already proved that.
If we are going to compare to the global population we can’t just focus on the ones that are evidence to one side of the debate. There have also been many really good ideas that flopped because they were never able to get enough people interested.
Nothing wrong with that, but yeah, MAID is probably not a good fit for your trading just now. Keep holding your stash and you’ll do great if the network succeeds!
One thing to note is that there are community members who put good effort into marketing, so while it’s not the team’s focus, the community is making some things happen that might appeal to you a little. Feel free to have a look / make suggestions / get stuck in if you do want to help create some hype 
so for marketing we depend of slave labor … I mean volunteers. Sure I would love to casually help. If you want me to make it my life goal though, there needs to at least be a token payment to show my efforts are appreciated.
Sure, it is a bit chicken and egg though. Pimping something that isn’t ready won’t be helpful in the long term. If you have a bottomless marketing budget, sure why not, but that isn’t us. We have to get something ready that is worth shouting about first.
I recommend going at least HALF in, if not all in, since this has the potential to be another NEM, another Ethereum, another Bitcoin. You can’t ever make that kind of money with day trading. Ever. Half-in would still appease a day trader’s sensibilities; all-in appeases the hardcore hodler sensibility. Maybe there’s another project like this out there, too, but I don’t know where it is, and I know where this is.
but the chicken and the egg work together. There is nothing wrong with promoting something before it is released. They don’t just start airing commercials for new movies on opening day. If we promote it now then more people with the knowledge to contribute get on board and start building things for when it is released. Otherwise we have this super amazing network but only a small handful of people have made anything interesting to do on it.
They’ve been there, done that, learned from mistakes… so aren’t likely to do it again. It just led to frustrated devs.
Seriously - once the network is properly working, it will be easy to get devs to build on it. But trying to get people on-board before then is not massively productive, and can be the opposite as people get disillusioned.
What time horizons are we talking about here? It sounds like the strategy is to do things sequentially. So the wait until this is a good buy is after it is released, then another “after” while we wait for a brand new marketing initiative to heat up? My question is just what is wrong with doing these things in parallel.
Learning though classical conditioning can lead to bad choices, if you get punished then learn from it, but the thing you were punished for actually is the right thing to do at a later date.
For example it was a bad choice to have an office at first when it was not really required. But down the road it might make sense to have a galactic HQ as that will look more credible then a bunch of work from home people to institutional investors.
Would this not be the reason to put the 2 mill to good use to build cool stuff? I think it may have been mentioned above but while we don’t exactly know the funds situation of maidsafe my guess with the rise of bitcoin, the loan, increase in MAId price ect. They have money for marketing when ready.
You can do both. I guess it was probably the person that donated that said they want it all used in this way. That is of course their prerogative. Just a hunch but I think this person is themselves more of a dev person then a marketing person, and that is why they were more biased away from marketing. Not really because they objectively weighed the cost/benefit of marketing.
Of course you can do both but that’s not how the money was given. It’s also possible that your view of doing 50/50 is wrong. I believe many people felt like this was the year to get the paddle wheel turning and it is so it’s better then the alternative.
I feel the same way. If beta is say 6 months away marketing should be well underway. What is interesting is we have open source code. So a team with money and willingness to market may well get there first. If the technology turns out to work then waiting to do marketing is asking for someone with more money and drive to whatever is necessary to do it first.
I’m not suggesting the team does not have drive. What they lack is letting the world know it exists. They have maid it clear the don’t want to do what is required to get to the top in crypto and want to be a software company. What I don’t understand is if we are not going to leverage the crypto market then we should have marketing happening now. It would be nice to see a concrete plan A, B, C.
I am not even campaigning for 50/50 I am just saying do something at all. A very small percent of 2 mill can have a big impact if used effectively IMO. It is possible I am wrong and there is not a curve where the first 50k has a bigger impact then further funding.
I did throw the 50/50 out there just randomly, my fault. You may very well be correct, but I’m feeling more comfortable that it will come soon.
I feel that is a real risk. There is nothing stopping me from just taking the code and making an exact clone where they only difference is my company invests in marketing. Sounds like they might be set up for a really crappy outcome where they develop something for decades then someone else swoops in and just makes their brand the one people think about when they think about this tech.
We have really only been talking about the offensive advantages of marketing until now, but there may well be defensive ones to!
I mean I would not do something so dickheaded but I could see Justin Sun making this move.
I would imagine working on something for 15 years and still not at completion would have any developer gun shy of marketing when you expected this to be done say 3-5 years ago.
Sure, but we ran that commercial before though. It has been nearly ready for years. I think we need show something before starting that game again.
When I see they are not investing in marketing I infer they don’t actually think we are close at all. Ok no prob take your time. There are other things to invest in right now. I’ll come back when they are giving indicators it’s for real nearly ready.