This is an ongoing concern for us that I have let slip in the furor. As original shareholders are paid out in safecoin, they have to give up their shares. This then means the for profit MaidSafe becomes closer to a charity or not for profit. I think if the network is to grow then we need to consider all angles
1: The 1% fee is for commercial companies who are not using purely crypto as a means revenue (should this be restricted to only safecoin ?).
2: Even if MaidSafe becomes not for profit completely, I think it should be forced to ensure it pays its way (innovate or die). If the 1% became huge the foundation can and I am sure would redirect those funds. If a charity in the UK has too many funds it is forced to give them up (the RNLI, lifeboat was the richest in the UK and was forced to use up it’s funds).
3: In event the 1% brought in a load of cash, it makes perfect sense to distribute this to the communities (Builders in the early stages).
4: I also see the 1% as a mechanism to direct funds to getting people on the network from all over the world. So a none profit way of just spend the cash to get the other 5 billion connected. The advantage is not calculable. This is the biggest area of concern I have at the moment.
5: Personally I think this is a good way for the old companies to pay for the new companies and perhaps it should be more if we had enough time to think about it and have the foundation mange the funds and distribution. We will all need fiat for a wee while yet I am sure.
So fundamentally this is not yet set, but I have purposefully left it in place just now to give us some scope for making a charge on the for profit centralised Internet service fiat based companies. It will take the same shape as the rest of MaidSafe, thats for sure, well as long as I am involved in the company and that is the wider the distribution the larger the opportunity.
Please though folks, do not hesitate to chat about this and figure the best way, obviously we do need to fix it in place. The bottom line for me from day 1 though has been that we never stand in the way of innovation or progress, our project is not as important as evolution and we all need to police that part for sure. So please feel free to look at all ways this should work, I have put it of a bit for now, but after the network is live this will be a critical issue to get right. I think it will motivate and encourage open source if we do it right.
So this is ethical as well as having to make business sense for the whole community, in MaidSafe style it will be purely open and transparent. I totally believe MaidSafe has some great opportunities for profit, the 1% I do not see as that real opportunity though, it is through further innovation. The 1% is a tool we the community should be able to make use of, or perhaps not. I do not think any of us are completely convinced either way just now.