Thoughts on the value of marketing

We all want the same thing: a liquid market for efficient price discovery of the true value of Safe Network token (MaidSafeCoin in the intrim) which most of us agree is well north of here.

I would only add that risk plays a big part in this space. Not your keys, not your coin has come a long way since 2017, but it appears many have not got the memo or yet been burnt enough times to learn their lesson.

P2PB2B has so many red light warning signs even those willing to take high risks would be leery of leaning into it. There are a lot of examples such as this, but this one is lightly better documented and timestamped than most:

P2PB2B
Notorious for listing and delisting coins. Suddenly you are notified by an email that a coin you hold has or is going to be delisted, with little notice and no prior warning. You log into withdrawal, however there is an extremely high minimum required, followed by an outrageous withdrawal fee. So if, you don’t currently hold that minimum, then too bad, as they have already disabled trading and deposits, making it virtually ‘impossible’ to withdrawal and ultimately losing your entire balance.

Credible projects with merit do not, have not, payed for listings on shady exchanges.

The core problem as I outline in second part of post here is that the Omni protocol is greatly limiting the options for accessing liquidity and allowing true price discovery. It can be solved simply in a short time frame: Follow Algorand project playbook out of the Omni quagmire to ERC20. Note @JimCollinson: This is not the same as Wrapped Omni-Maid which is more complicated with more moving parts, requires trust in a third party, and carries much higher risk for everyone.

With a Maid-ERC20 holders of even a small amount can earn fees by providing liquidity on $50 billion monster DEX exchanges like Uniswap and earn a return while holding their Maid - waiting for the Safe Network to come into its own and build trust over time that it can secure value (A process that took years for some projects!).

@BambooGarden obviously moves and knows the Ethereum space well and could perhaps provide a more credible opinion to MaidSafe on the benefits of 1 to 1 Omni Maid to ERC20 swaps done by MaidSafe, not some complicated third party wrapping hack work around. This might be the single most helpful short term project for the Bamboo Fund: help connect this project with the wider community of decentralised network participants and the liquidity required for true price discovery.

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