This is all we can ask or expect.
Well said I thought the same. Those who bought into the ICO deserve to be able to trade those tokens as they see fit and unfortunately the exchanges wont deal with the community to get this done.
I personally bought after the ICO so said nothing as nobody owes me squat.
This is where there is a big disconnect and I think itâs wrong. To me projects and companies need to get products and services out. Coins owned by teh community should be listed, but the fact exchanges want a legal entity to list and in many cases (if not most) pay either directly or via some âwell this will help if you spend XXX coins for YYYâ.
DEX helps a lot if we can get on them, but the exchanges seem to think every company has a ton of tokens and a ton of cash. I really wish they would just list every coin and let the market do what it does.
However many exchanges have seen a cash cow and they need to milk it for all itâs worth and that means find somebody to pay. I feel it defeats the whole IPO/ICO as it was envisaged. However it is what it is and now we all get to suffer a bit and companies like MaidSafe end up drawn into investment activities. A real mess.
Lucky Satoshi got ahead of this requirement!
So true.
Itâs crazy that cryptocurrency started as a permissionless concept, and now we have been normalized into expectations that centralized exchanges must only list coins that have a centralized set of directors.
Iâm idealistic, but Iâd prefer to see us build something they literally cannot ignore, and then we wonât have to apply anywhere.
Does anyone know if Vitalik et al applied to exchanges for listing, or did ethereum get listed without intervention or application?
I feel the Zen! Watching the ups and downs of this project since 2015. There is a new calm Zen-like feel now.
Oh how good would that be? I believe that we do have such a chance actually. A true utility that folk trade if they wish maybe initially maybe only safecoin â fiat. It is possible I reckon and done right it could be unstoppable. (I often think about WOW and the marketplace etc., never played it but is has a form of president in this filed I reckon).
In any case right now crypto and exchanges appear disjoint from the dreams we all had.
My thoughts exactly. Just thinking out loud here but would it not be possible to just have a wallet that accepts btc and maid that basically acts as an exchange/escrow? Obviously whose in charge of the wallet would be the big question?
When Safe network gets launched I have feeling that a few people sponsored by the foundation or similar, needs to travel the world and talk about importance of freedom of expression/speech, also privacy/encryption and such.
Talks to governments, EU parliament, agencys, US congress, FN, corporates and such places. To release the Safe network might only be half a battle for freedom, security and privacy, second battle institutions and such. I just want to raise the question and if you maybe have been thinking in similar ways?
Yes, I spent years doing that at the start, itâs extremely tiring though. We will do what a business should do and it will include an awful lot of various activities. I probably could not list them all. Some governments and agencies are aware of us as well as some of the large companies, on launch it wonât be a problem.
Do governments really want this to exist?
I do not know about ETH, but I think that Nano never pay fee to get on any exchange, instead they won many pools. So it was quite community afford to get there. Any new tech will have huge problems to get somewhere, when exchanges must invest resources to make secure way to store coins and manage wallets.
We see and have seen some of the possible future problems already, the need to subjective ban a lot of people on social media, for reasons similar to, because Trump managed to win previous election, EU wanting to ban encryption, early days when Bitcoin should be banned because it was only used by criminals. Just like Bitcoin, Safe-network might threaten a lot of different organizations for many different reasons, economical, control or other reasons. Future lobbying for the fundamentals of Safe might be needed a few years after launch, my thoughts.
I donât remember which but on a tech conference a few years ago, people from Tor told that they often traveled and talked to agencies, governments and others, to tell them about the importance of their tech.
I think it might be a double edged sword, similar to nuclear technology. Governmnets might want to secure important infrastructure as water- and or electric, corporate technology and innovations but also they donât want private communication and similar because of the security problems that brings to a country.
24 posts were merged into an existing topic: Discussion of Covid-19 information (No holds barred)
No, itâs just an excuse to take money from you. We have a recent example that when they want they can act immediately without anyone filling out documents. All CEX is just blackmail for money:
Binance announced support for Uniswapâs new UNI token around 90 minutes after the DeFi platformâs governance token went live on Ethereum.
The leading cryptocurrency exchange came under sustained criticism recently for listing SUSHI just days after it was announced. SUSHI is the token of a cloned Uniswap project run by an anonymous founder who made off with $14M before returning it. Binance has previously made much of its comprehensive listing process, but that appears to have been overtaken by its desire to keep up with events in the fast moving DeFi space.
They are rightly afraid of DEXs ⌠All we need is access to DEX - far fewer people will lose their money in CEXs, we will protect many, many people if we focus only on DEXs:
We (and the entire crypto world) have a very bad history with the exchanges:
- MasterXchange - closed , how much MAID remained there? Unknown (do you remember that we paid them 150 MAID withdraw fee?)
- Cryptopia - hacked , how much MAID was stolen there? Unknown (I lost âonlyâ a few thousandâŚ)
- Bitker - stole MAID from the MaidSafe company, how much? around 250 000 MAID
- Poloniex - delist MAID, how much MAID remained there? Over 10 000 000 MAID! (and letâs not forget before that they changed the fees from 10 MAID to 80 MAID!)
- Chainrift - closed , how much MAID remained there? Unknown
- Open Ledger DEX - closed , how much MAID remained there? Unknown
- Altilly - exit scam , how much MAID was stolen there? Unknown
I am hoping once Shapeshift DEX introduce native btc. Omni tokens will be available to trade too.
In my opinion it will be the best option until launch.
Yes ERC20 has more users but this will be so much less hassle.
That would be a really big help and relief all round.
Yes, I understand. No one is suggesting it can be easily broken down. How can we as a community hold Maidsafe accountable to getting this done in a timely manner? I was asking for a break down so the community and the team have equal visibility of the issues. @Sotros25 Is putting time and effort in on this project after working a full time job. This includes running Twitter, getting apps and filling them out, creating surveys, and paying for advertising them. Sheâs always supporting action in the community. Itâs frankly refreshing.
I was asking if they had knowledge deficits that would limit them getting these apps submitted because you saidâŚ
I thought you were implying that the Directors were not crypto savvy and did not understand trading. Additionally getting a legal opinion for submitting apps should not be an issue for any competent technology lawyer. Iâve worked in a field where Iâd see such opinions come across my desk on a regular basis.
Because you donât have resources on the team to work on this aspect of the business it is clear someone needs to be hired to fill this role without distracting the team and further overloading Sharon. Hire @Sotros25 to do this job. She will handle marketing and be the outward facing person to get this vital work done. She business and marketing savvy, works in technology and show motivation at every turn. Give her a chance at blowing us away with her work. She already does in fact.
David, MAID is a means to reach the world. To bring people here. A visible piece of the project individuals can hold themselves. Having only one exchange is dangerous for everyone that has put their hard earned money and and time into this project. Having a crypto project listed on major exchange is the goal of every team as it is vital for visibility in the wider crypto community. Nobody is suggesting to do anything irresponsible. The more MAID is traded the more eye balls we have on the project. Please think about this. Iâm not suggesting risking development for listing on exchanges. They both can be worked on in parallel.
How can we as a community hold Maidsafe accountable to getting this done in a timely manner?
Here is the problem, this in the above statement means get listed on X major exchanges where X is a number folk are happy with.
It could also mean launch or release a testnet or Fleming or get an add in the WSJ or âŚ
I try very hard to act as a community member and the company runs in that fashion. As MaidSafe we are accountable to many folk and they hold us to account on every single aspect of every thing we do.
However nobody is the master of us.
I was asking for a break down so the community and the team have equal visibility of the issues
Can you see the danger and work involved in that?
@Sotros25 Is putting time and effort in on this project after working a full time job. This includes running Twitter, getting apps and filling them out, creating surveys, and paying for advertising them. Sheâs always supporting action in the community. Itâs frankly refreshing.
She is and doing great, but I stated when we did the loan system to rescue the project it was 100% launch, 100%, not 99% but 100%.
I thought you were implying that the Directors were not crypto savvy
They are not and I donât require them to be.
Additionally getting a legal opinion for submitting apps should not be an issue for any competent technology lawyer.
That is not the case, the opinion has to be from a competent lawyer in the jurisdiction in question.
Because you donât have resources on the team to work on this aspect of the business it is clear someone needs to be hired to fill this role without distracting the team and further overloading Sharon.
100% launch
David, MAID is a means to reach the world.
Yes a means, not the only means.
Having only one exchange is dangerous for everyone that has put their hard earned money and and time into this project.
With this, I agree and on behalf of all our staff and shareholders I concur. I donât want to discuss the time put in though, itâs a sore one for me.
Please think about this
I do
Iâm not suggesting risking development for listing on exchanges. They both can be worked on in parallel.
OK, let me re-iterate. Any activity requires management, many require board approval, some may require legal input. Itâs not in parallel. Every single âjust do thisâ costs across the board.
Donât think we are not working on some of this in the background, but I am never in a million years gonna ask anyone to detail confidential discussions in public. We would never list anywhere like that.
We are working on it and we will do what we can with what we have. I will say again though and I cannot emphasise this enough, we are launching and we are focussed on that 100%. If any of the team deviate from that we fail.
So I completely understand your anxiety, but believe me we are close and none of this helps the team.
If folk donât believe this is not being worked on I am sorry, but I am running this and if anyone else wants to and has the capability I am more that willing to let them. I can assure you itâs a job from hell though for me at times. I love the network, what it offers and knowing what it will do, but all this stuff is distracting.
I love the network, what it offers and knowing what it will do, but all this stuff is distracting.
We all love Safeâs ideas and thatâs why weâre here. I have expressed my gratitude many times and let me do it again - thank you for everything you do David!
I also want you to know that what we are discussing about tokens and exchanges is because, strange as it may sound, technology is the easiest thing to do. It depends on your work and the work of the team. What is not up to you or anyone else is whether this technology will be used.
To be used - money is an integral part of the technology. Without money there will be no Safe Network. Itâs sad, but our world has not yet evolved to the level of people doing things without money, and Safe will certainly not be the first of this kind.
Thatâs why some of us try to point out that money is a vital part of the networkâs existence, because even though the project is decentralized, you are the focus and it is important that you understand that money is an integral part of network success. Of course, everything in life is just probabilities and you may not have to do anything and the things sort out on theirs ownâŚ
Talk less focus on work⌠Give the new internet⌠We are with you donât worry⌠need working products