Maidsafe team said that funding last for 2 more years until release
I reckon we could take up a whip around from forum members if they run short
This is true, but quite a few people made the stretch to understand it enough to do something exciting (buy drugs) with it. It didnāt have much value just because of the importance of the tech as such.
But the thing Iām really interested about is if there is going to be any kind of low access participatory āhandleā to the node software Iām going to run on my computer? Something similar to Crust test? Ok, maybe this was nosey question and you want to keep the details hidden until releaseā¦
Prior to the ongoing turbulence. If a chunk of the funds has been kept in BTC and MAID, this current off-the-cliff scenario is gonna hurt, in case it lasts. Letās hope itās not fatal.
These people are pretty clever and tough. Maidsafeās attitude, like towards all their previous speed bumps, will be something along the lines ofā¦
4 Likes
Sub $0.10 by end of year.
Look at that market chart line, itās looks like fatigue, mini price recovery, pump attempt? Then relaxation to a price about $0.01 below the last low. Itās like bending a metal coat hanger back and forth.
Please donāt release alpha-3 untill weāve had a good period of buying opertunity at or below sub $0.10.
1 Like
Last year the $1.0 party, this year the $0.1 āpartyā? 
9 Likes
Absolutely. I donāt get people wanting the price to crash so they can āfill up their bagsā. A high price represents a quality technology in my eyes. Cheap means cheap.
2 Likes
I think the Maidsafe has the top minds working on the top project. Therefore, I think itās safe to say theyāve pulled out enough crypto profit from the surge last year in order to pay salary and other company expenses for the next two years. From the point Nick made that statement. I mean the team is growing. I donāt think the current prices are affecting the company right now. Really hope Iām not completely wrong here.
We all know that maid will not gain in price till minimum beta or safecoin released, we thought it will be after alpha 2 (we said too that alpha 2 is most important, now we say alpha 3 is most important thing, after that we will say alpha 4 is most important and etc.)
I would like know how they would maintained ongoing development with out last year pump. It give them extra cash compare to prediction they probably did after ICO.
If they hold Cash:Bitcoin:Maid = 1:1:1 than quite a save to wait for end of bear market and price increase.
I have to agree with you. All signs show acceleration (e.g. ramped up hiring, increasing investment in marketing, etc.). Those are not the actions of a company in financial distress.
12 Likes
Exactly: ā7 new team members are joining us this weekā this does not sound like a company in trouble beacuse of a bear market. MAIDSAFE is too smart to put all their eggs into one basket.
9 Likes
Smarter than many self proclaimed crypto experts, I suspect!
2 Likes
MaidSafeCoinās launch date was June 12th, 2014. MaidSafeCoinās total supply is 452,552,412 tokens. MaidSafeCoinās official Twitter account is @maidsafe and its Facebook page is accessible here. The Reddit community for MaidSafeCoin is /r/maidsafe and the currencyās Github account can be viewed here. The official website for MaidSafeCoin is maidsafe.net. The official message board for MaidSafeCoin is safenetforum.org.
According to CryptoCompare, āClient applications can access, store, mutate and communicate on the network. The clients allow people to anonymously join the network and cannot prevent people joining. Data is presented to clients as virtual drives mounted on their machines, application data, internal to applications, communication data as well as dynamic data that is manipulated via client applications depending on the programming methods employed. Examples of client apps are; cloud storage, encrypted messaging, web sites, crypto wallets, document processing of any data provided by any program, distributed databases, research sharing of documents, research and ideas with IPR protection if required, document signing, contract signing, decentralized co-operative groups or companies, trading mechanisms and many others. The clients can access every Internet service known today and introduce many services currently not possible with a centralised architecture. These clients, when accessing the network, will ensure that users never type another password to access any further services. The client contains many cryptographically secured key pairs and can use these automatically sign requests for session management or membership of any network service. Therefore, a website with membership can present a join button and merely clicking that would sign an authority and allow access in the future. Digital voting, aggregated news, knowledge transfer of even very secret information is now all possible, and this is just the beginning! ā
5 Likes
Not entirely sure what all that means, but it seems positive so has my vote.
3 Likes
Possibly. But it could also mean the team expects the bear market to continue and potentially hurt even more, thus they employed the strategy of speeding up the development ā to make the most of the funds at their current rate instead of watching them shrink for another 15 or 20 months.
This would signal the obvious; the bear market has complicated things. If this is the case, it could be for the better. Unless too draconian, time pressure can help. All I know is, I totally trust these guys and girls.
2 Likes
Perhaps the extent of the bull market was more of a surprise than the inevitable bear market?
4 Likes
I agree. I just wanted to moon. We overshot into the asteroid belt. At least now there will be a pretty meteor shower of falling stars.
5 Likes
I thought you predicted new highs year end. 