There has been an approach for funding to VC’s, as mentioned in the bnktothefuture update from the start of this month. No names were spoken, but there are quite a few out there whose values seem aligned with this project. Adam Draper, Marc Andreessen, Chris Dixon, Naval, Fred Wilson, Peter Thiel etc, to name a few.
If MaidSafe have decided VC funding is the best way to raise capital, then i hope at least that it is someone who has a good reputation for funding disruptive technologies, and not just the guy with the most cash.
pocket change if some of those whales that have been flashing 100s of BTC want to accumulate a little bit;) Even without whales making big moves it’s really not that much resistance. I think people are actually being a little shy wondering what those whales will do next though. I’d say just stop feeding them cheap MAID and they will prolly decide to move up the support and try being market maker at higher levels. Either that or get aggressive and try to sell back down til they break that confidence. Gotta make a stand somewhere though and these prices are already mighty low so this might be the place.
Me and my biz partner are doing work with Omidyar Network on their initiative and working group that may be relevant if @maidsafe decide VC is a funding pathway. I will be planting seeds.
I don’t do any token investing myself (only here for what we can build on a platform such as the safenetwork when it’s live), but if it’s of interest to @maidsafe, I can make intro to very reputable VC firm(s). Just send me a pm. It appears other people on this forum should be similarly placed, so don’t hesitate to leverage the community in that respect.
@m3data@Bogard last I heard they wanted to hold off on seeking VC as long as possible to give them the most leverage in the negotiation… I also think in the back of their mind they are also hoping MAID will moon from fleming release and it won’t be necessary at all.
man volume in general on polo has really been hurting lately. Almost tempted to say its worth that 100k to get on binance. We really have to bring in new people for ourselves now anyways. Far fewer people “window shopping” the street our storefront is on.
well that’s kinda what I am saying. People need to find us cause they found US specifically. We can’t count on so many people just being on polo trading ETH or whatever and seeing MAID there. Polo should really be paying us cause we will have to bring the people to their platform by selling people on the SAFE network. Gone are the days of just getting “free customers” cause our store is on main street.
Agreed. If the tech is as revolutionary as we all think it will be, it will be adopted regardless due to absolute superiority to existing crypo technologies. Bitcoin didn’t have to do anything to create its base, just had to exist and the ecosystem and companies built around it. SAFE should have the same kinda impact, and if it doesn’t then it does not deserve adoption. Laws of demand and the offering this thing brings to the table.
Yes but I fear that the path is beginning to be lost on the crowd to an extent. It’s all greed now. How much money can bitcoin make us? Rather than the initial view of how transformative decentralization and bleeding edge tech can cause paradigm shifts that ripple throughout society and disrupt the status quo. That is my worry. I don’t hear nearly as much of that. Mostly just prices and “the news” on why the prices did what they did.
One of the simplest ways to drive adoption is an increase in its underlying monetary value over time. Because the vast majority of people around the world always want more money. Greed is Bitcoins biggest ally towards people participating in its ecosystem. When does Bitcoin get the most attention and involvement from society? When the value increases relative to fiat.
You don’t have to agree with it morally(I am kinda indifferent to it all), but I promise if you want SAFE to succeed long term there needs to be a monetary appreciation of the underlying asset of the network early on or it likely won’t get the notice it deserves. If SafeCoin just gets cheaper and cheaper compared to fiat then I think most will ignore it until other technology offers what SAFE would, but modeled with an underlying asset that increases in value relative to fiat.
I agree but my point is bitcoin is now seen as the golden goose and everything else is being overshadowed because of the greed. I think adoption will happen but it will be slower than what we’d like but the positive side is it will be natural and out of necessity often. I hope I’m wrong and we blow people’s minds with what we all here see. To be honest I have a lot of faith that this is quite possible with even just the first step (perpetual web) in the focus of SAFE’s abilities. It’s becoming even more than what hooked us in years ago. 5 years for me just yesterday by the way
To be fair, there is a lot of junk out there and those ones killer apps haven’t been realized. Bitcoin has alternative store of value/digital currency. All the others try to spin it but fall flat. I’d like to hear others reasons on why they think that is in general.
I don’t think so. If anything, the greed has finally deflated to normal levels. You see, without all the price hype, people can focus on building again. This is one of the reasons why I love bear markets so much: all the hype, scammers and moonboys gets wiped out while the people who care about decentralization and what we’re trying to do here remains; steadily building the ecosystem.
The altcoin marked during the 2017 bubble I tell you, was a bubble riddled not just with greed, but with the filth of humanity. The toxicity was off the charts. Bitcoin on the other hand: Bitcoin was (and still is) consistently peppered with hate and punches from all corners of the crypto space. No other coin gets the kind of abuse bitcoin gets. You even have a separate coin basically dedicated to hating on bitcoin. Why? Generally because people have their bags of shitcoins to shill. They are envious of early adopters, but completely ignored them when it wasn’t about profit. People who don’t give a rats ass about decentralization and improving humanity through technology was driving this market. Finally people you told about bitcoin years ago creeping up. Yes, when there is money to be made, it’s so much more interesting isn’t it? The gold diggers of crypto, and it’s all about profit. Now don’t get me wrong, I am a capitalist and believe profiting is good, but the toxity that was let out is inexcusable.
Right now, bitcoin dominance is high, finally a lot of shitty coins are dying. Good. It’s a cleansing event to get rid of all the trash. We should be happy that this happens. It needed to happen. Now we can move on.
Sooner or later the altcoins will once again shine, and maid will get pumped whether there is fundamentals behind it or not. I hope people won’t lose grip on reality when that happens, and will remember why we are here.
I am not so sure how much we will benefit from a general alt bull market for the reasons I outlined above. Polo just does not have the huge market share that it used to. The coins window shoppers see these days are binance listings. Without nearly as many people on polo there won’t be much energy to sweep MAID up into the action of the general market. Sure it could still pump… I mean since it’s down so low it doesn’t require huge capital. I think the way we get the huge capital now is sell the SAFE network, not wait for alt season, since that might not include us as much this time.
Seriously, the SAFENetwork promises so much more than anything else out there and it is edging closer to delivering it each week. It is so much more than just SAFECoin and when people fully digest the vision, this project will be catapulted into the consciousness of millions.
I agree 100% . People just need to take it for a test drive, like when BMW drivers take out a Tesla for the first time: they’re immediately sold. Suddenly they realize they’re driving the future, and can not resist the instant torque! The Safe Network is like a Tesla, upon release it’ll be like riding into the future.
