I’m taking a Zen view now. Patiently observe and accept. When I look at the big picture everything looks very bright. We are still in an accumulation phase and have not broken out in relation to the BTC price.
Never before has so much money come into crypto technology and it has become clear for all that Crypto tech will be an important part of the new economy in the future. It will be integrated into our digital world, robots, Ai, and It. I believe that SNT can become a player in our digital economic future as a counter-reaction to increasing surveillance in our lives from companies and the government. On the flip side, it can also give Government and private companies a way to store their data in a secure manner. This feature alone can be worth trillions of dollars in value/savings.
There is a lot of innovation and many brilliant teams working for solutions. No matter who the winners are at the end, SNT will get its time in the sun before our when Beta is presented to the world. In my opinion, SN has a shot in becoming one of the winners, and if so we can easily see a 1000 x from here within 4 years and that is just the start.
My biggest concern is network effect, adoption, and marketing (honestly). @maidsafe has never impressed me in this arena. But is it ok for now, since the most important thing now is to deliver a working network. I hope that external expertise will be brought in when we come to Fleming. I understand that this has now started with funding from BGF?
The test nets aren’t impacting price.
I agree, don’t panic, but realistically this project is drowning right now in the torrent of shit coins, the vast time since the work began and the lack of exchanges.
I cannot put perfume on a pig.
So I will buy some more when we reach the 0.30 area and hope that holding will ultimately, some how, pay off.
You can’t put lipstick and perfume on a pig, you are right, but if you let it roll around in the mud for long enough you get to bring home some nice bacon
Very well said. At some point accountability needs to be taken for marketing. I believe the early misses on delivery have made true marketing efforts gun shy but when beta is imminent, if we don’t ramp up marketing it would be an enormous fail. I reserve judgment until that point.
It can be positive that BTC is now entering a temporary bear market. Too high. too fast. This gives me faith that this bull run can last well into 2022. Something that can suit the timeline for Maid and the release of Fleming perfectly. Its much easier to get the world attention in a bull marked.
It’s a good question with many answers. I want to see time and effort spent spreading the “word” to define target groups. How this is best done is not my domain. There are many competent people that can put up an effective marketing strategy and execute it.
I believe youtube interviews and shows can be good. Active presence and networking in event and happenings that is relevant for reaching target groups. Contribute to the ever-changing news cycle with a Safe narrative and solution in social media, hire a professional social media marketer, etc.
I’d like to see partnerships with reputable projects. To see Safe Network’s name in the press. Interviews with team members from the many shows that would love to have them on.
Do you understand AT2, DBC and Xor and routing etc ? And can you explain these to general people and make them understanding?
I think there is no effective marketing method for Maidsafe now. It is old fashioned project and there is no fancy star programmer. And we didnt list on major exchanges now. For me if we cant lauch network, we have no choice but to wait.
I recommend if you want to or can do, try to marketing this project. But I am not sure that is effective.
I have seen nothing to suggest marketing won’t ramp up when the time is right. The team have asserted this on other threads.
The team have said they have solid financial footing for several years of development, without additional funding. They don’t need to boost the token price and it is against their company’s articles of association. In short, they don’t want or need to push MAID up.
What they do want, is a working network. What they will do is market a working network. It was never about coin price. If the latter goes up, because the technology is a marvel, we all win. The technology being a marvel is a absolute priority though, despite what many MAID holders would prioritise.
This isn’t a dig at anyone specific. We are all guilty of wanting our investments to work out. Piling that pressure onto Maidsafe isn’t really helpful though. They need support in delivering class leading distributed technologies instead.
I will disagree with you on the “…accountability needs to be taken for marketing.” The Big Kahuna (aka David) stated it in CRYSTAL-CLEAR text that 100% of his and the development team’s energy were laser-focused on a working network before they go all in on marketing. David is practicing extreme ownership and accountability here and understands the buck stops squarely on him. He has stated once they deliver, it will be ALL HANDS ON DECK for marketing. Yes, if that doesn’t happen, it will be a fail.
I’m not really sure the angle you are coming from here. I didn’t say that marketing was even necessarily for just token price. I think marketing needs to be done (right before beta) to make the network successful even if we never see huge returns on token price, the technology will be rendered useless if people don’t use it. If people don’t use it then the system isn’t being used to its full capabilities ect.
There is some reality though.
This is now in the past but if they were on solid financial footing a while back, they wouldn’t have taken a loan from the community, financial position is never a guarantee and as far as I know, we don’t know how they operate funds. I certainly don’t think there is any issues at all, but financial positions can change fast.
I agree, which is why I said, I think in the past they tried to market something they didn’t have which turned out poorly and being a waste of money.
I feel like people are reading this incorrectly. I’m not asking for marketing today. I’m suggesting full blown marketing weeks before launch and continued after launch. Not today. If they don’t market post launch, that to me would be a failure.
Oof, lovely crash today. Happy to be buying again That sale at $1.25 is looking pretty good right now, those coins being sold to me today are all moving into much stronger hands.
That sale at $1.25 is looking pretty good right now, those coins being sold to me today are all moving into much stronger hands.