Brock Pierce is one of the most well known entrepreneurs and investors in the Bitcoin industry. He talks about buying 10% of the MaidsafeCoins during the ICO a bit past the 20 minute mark in this podcast. Good to see it is being held by strong hands.
Not for me, the more small holders the better IMO.
Off topic, but my reasoning is: Centralisation of power is fundamentally self destructive - without some balance mechanism nature eventually resorts to collapse. Limits on wealth are missing from our economic system and cause problems because some/many humans lack the ability to self limit, and regulation/laws are ineffective once individuals become too wealthy/powerful.
To quote from the podcast @22:13: ‘I think we owned like 10% of Maidsafe when it went live.’
Yes, I fully agree with this. I think one of the main reasons cryptocurrencies haven’t had mass adoption (yet), is that most people buy them to speculate. I’ve nothing against speculation/saving in crypto (in fact I’m very much in favour), but until people are earning it I think adoption will be limited. So I think that enabling people to do this by a process like farming, will be a major boost to the adoption and use of MaidSafeCoin.
Wow that’s a big chunk for one individual to own. Does anyone have any links for the spread of MAID ownership? Would he be the largest individual holder (outside of the founders?)
He might be a strong hand but as the others above have mentioned I’m not sure whether this is a good thing to have such centralisation of MAID.
I agree completely that more small holders would be better, but I think that for most Cryptocurrency’s and even Bitcoin, a large share of them are owned by a small number of individuals. It is just the way of markets and nature. Look up Pareto’s principle. The amount of money that wealthy individuals are pouring in the Cryptocurrency’s outweigh the amount of money totaled by small individuals. If we were to somehow unveil all the top individual owners of each Cryptocurrency, I think we would be surprised at how much centralization of the wealth there is. It would be better if the wealth was more decentralized for the reasons you stated but I think it is unrealistic to expect it to be so. And it is a free market in the end. So with that in mind I think in this case this is a positive for Maidsafe because at least Brock Pierce is a known individual within the space that has resources and power that can help Maidsafe grow and give other’s confidence in the project. Better him than a few unknown individuals who are just looking to make a profit from a price increase.
I don’t know if he’s the largest holder but the founders are not large holders because they did not receive preferential terms.
David has said that he bought a small amount on the same terms as everyone else - AFAIK no individual received MaidSafecoin without paying for it on an equal basis with everyone else.
David also donated his shares in MaidSafe to the MaidSafe Foundation so he and other MaidSafe employees earn shares on a similar basis as I understand it, while the Foundation both holds some Safecoin (issued in error due to problems with the crowdsale being part manual, part automated), and will receive a portion of Safecoin income from the network. The Foundation (a strictly regulated Scottish Charity) is therefore a major shareholder in MaidSafe, and in time perhaps also of Safecoin although it will doubt dispose of Safecoin in order to raise money to fund is charitable work (such as education and maker/fab lab type things).
10 percent is actually low compared to other alt.coins whalers.
I just started digging some info about this Brock pierce fellow. He was involved in a pedophile scandal several years back along with a failed venture capital dalled DEN (Digital Entertainment Network). From interviews he seems like a nice dude, however when you start digging deep into his past you will find some really fucked up shit. It’s weird why a person like that would be in charge of holding so much capital in MaidSafe
Brock was part of Mastercoin as well…the same group that screwed up the crowdsale for MaidSafe…
I’m sure he and all his buddies dumped their Mastercoin in exchange for maidsafe. They are essentially getting rich from giving maidsafe worthless coins.
It’s pretty crappy to take on a client for an ICO, and then immediately use them as an exit strategy.
The biggest issue with knowing who owns what is that it is expected that any large holding will be across multiple addresses and maybe some in exchanges. Take Poloniex they have about 1/4 of MAID in their exchange (2 major addresses)
Anyhow here is the top 100 from yesterday (EDIT: wish I was in that list )
95000000 1Co1dhYDeF76DQyEyj4B5JdXF9J7TtfWWE Poloniex cold storage 38130133 19h9LpXHVKEYzDJCKdhaXkmu3zavZdiyYk Received some 44 million in crowdsale 15485826 1Po1oWkD2LmodfkBYiAktwh76vkF93LKnh Poloniex Hot Storage 8353026 1AoDUDd2qK9YU3ps5jzd6hWCzF2kLwUoiN 7096283 1BgQmAZ9wSEF5MvrN6dRopUBr1XDw1PAt 6175224 1DUb2YYbQA1jjaNYzVXLZ7ZioEhLXtbUru Bittrex Storage 5000000 133pYGsG2dDVFSsNK5RSuK7fQFmzjCNquY 5000000 1Bona24fYY3Qx2uFcnt6eDsWqao5vo6Mez 5000000 1LLV91m8jJuaD8tavssMcNu8GdLRu8Nz2n 4849734 12SdZk7Gd19zbvQZDF447PpHSpGY5SGYE2 4760000 1C8iR5wf4gwS3tynbCcvDejfCJUGGnNoNN 4097871 1NofB6eXoQpf17YEyPW44AQruWGCJ4oEWB 3569998 1KzHa54Qt7V75VmEsSjP2MddPxb7Mwr1fc 3366000 16mC4B1XUpmmSd6i7uYrhtDxNSW9kTGDPf 3108906 1PtK2QWJUM4bLc3pcx1CKuAeV79EYffzYJ 3014223 1KVwFECgxVsseZEu6BGbt63JwA9ntX7LwE 2808400 1DjAmmS6iSg5Xe6wYz37CAMAdvGTQoijiK 2709555 1SAFECM93tBBXsgcG6kcX9AT4JbtNCgHM 2602997 141QSMGUpBZ4Zb6bpetXkXDGiVTDgyc1Ae 2594244 1KSo785oZXsQg18uFXaZozTEvbGooqfqRU 2463680 18rABFNFz9KEv4uwqbfsuvTYggWhP3hSPc 2276003 1KTwWvhCF4EKCvH3tAYT1iq69XKTqxVRtC 2023000 1QB7CaqxmMuPbvB6sNyhEEJfybnxxRziLE 2000002 12mbxZZtDyVQmW6hffbHxJbpew3KWt8JqW 1958295 1M1JRZQ5EBBB7SpuVAGZnTSEtJWnqZG7vd 1914631 1PvD9PnRtTXg8QSxHg1NWLcB3McajstujV 1556680 1tuCjPZh4JzKjmfq7oJpY6Nf1aqTTqtXb 1554063 19991VXYczKr2oAm5VJZTggL8Lqr5ovByg 1502631 1JpmZ4e1iaR8DY5mp9pNQsjnuRye9kgx6s 1500000 1MSCXpZHRR9DJpGcnQT1Nr1VDcL25fXfbP 1427397 14q5ygGfTkYXok1xM22GUSxcpaY7gLvA5X 1309000 1E7FpwS2MFHoo4ebbSCj4ush5aQt6UeExm 1300000 1Dswdqa48bDyxekpbJ4qW8Vr5cWnGvP7i4 1300000 1Q7QpstZnzdL6nhoMVThUg9L5xzjxcMpTR 1265085 133mp2AUodLzB6q19isS2hSYezD61y2SCf 1256034 1M1HuXNZ1Jwe3KSatetspEWpBHjTCNLnhJ 1209237 17dgcavVGXcfUDUY2yU25p1LknudCVAiUU 1200004 1DScqdv3tnUcoE8R8NemueUT2DJc3YMGVg 1190003 1AnH52yPzxKFNXWFPUgP8MG2bX9dk4nnx3 1190000 1Cowr9dfpni7sppJmxtXogR69VJBajSWoL 1190000 1KG1wt3swq8kKKMLpdt5BtPrMiXSBrWiwk 1153593 16rKXAHW2u7x1CNR69uhj2v3G3K351UYwx 1126759 17Rj7BskqjPGb7To7WJaLYkmZSCgE4nzKZ 1117367 1DDbsaepUmHVsNshWXYjdjwgbze1G39D5j 1075000 112wHENy8m3YTpxTPRRoz3Evt26LPPi3mE 1068492 19MbFykxpafmv9pP1zrCnPAwBr6FqNk89U 1047312 1PjN1QRSUVWSSSCATyP7pA82nuGHGWBmJW 1011111 1MsfeqwMNQKVfjaiaXqLStSRNTVqA6y93s 1000265 13EHWXaDgHk32KJFPTHY5XUbL4vVZgawgu 1000008 1gfBJ9sakqgR4gBHYJhpdih4KVzZA5aMr 1000000 19wt2r1DNn4ZmAAkzxgE4LWD6AYbqKoAEe 1000000 1H6jSB1EaueuVGN1jzRzh29aCrFJN2NpPE 1000000 1PdvS8ywFDnrag1ZKWyj9zYSuoXxuk7kHS 1000000 1PRTvBon2Uf2N43hFVFeDkWiDUkaAtuz6i 1000000 1XzpnDEwUWhxHd6Nom5k6FXiVXFLqZvC8 978465 1Ang38YzReauJxnbA741A3R78LfxSTdtUc 970410 1GoLDNSHMTMGPJzUL6PjnthNa3s2JVPepy 955527 1Brd9YsYnpaNTTKMFxzPkkJsXhCJBpWrn1 952000 1PoSHeNs4usDJ4HrZzTxMjfwcFvsaCx1cP 952000 1PyAFC5nhf7zetNzHLEqUXtNf7mYzchCbi 928200 1LUATh4WBCMSrTPk7NY7vMRGjpYm8VPoB3 892873 1G3Cyx194o3yLbKFmzR4NtNE6fxJSRowkp 888517 1EXzJoaBtSPS6v1wpy6SeEpG7VCpaZKyYU 845000 16naT4WwbAzmfykV7fhJnLBqejEDy9pUCt 818765 1QJnnqdn7p9Axc83fRixx1PKruHNmN6WXK 811486 1EjtWnN2ajif4MgxQppnYp4aBeKnJX3WHN 801239 1G99RsNcQCHmGsCGitRAan1Tt1vKPWDcRw 770117 197YVNtnwdBEABDW4FFXhFvV7FmXwYvoF1 756463 1J4yfpwfQvbY4bLH8JrEec2kbB7irRMwHh 741679 1D94E1Jp2TrnkH2qz1rVxhtMCDBgBapoKj 714000 1AjZ7JsXbDEMpNiuc5G9FNM6YcbhCkanmo 714000 1K6naxHXadhXAQJGQGxjYzrXdMUbBfGMYJ 706873 1Posw52WU7Ec7eUfh2TK1mkH5o6qqjUu1E 705470 1PtRdKZyBv7jqbAJuJfoeAeVvJjBAT99Mi 690368 1Mg8pdG8BfqiHq17JwaF3hinMab4BbXcBm 672027 16nMLExFdL7gpAi8NJiShZERzpb3FotrEk 658294 1C6Ws5w28MxTJ7g7VRbkoGivXDqt97Gkiz 644423 1A38TMC7o2mz1Xxf9VmaNByX47GrWgexeD 622847 1CJ7TTXcABofgVRF74mz5FW2vK4D59p5oT 621081 1LT689QftiPEvewznou5rGxNyo29pzKo8b 614080 1JgCeTU8NNRSm6AXuc2pAyzCy9yX6CWFTB 608232 1BbthWvgjMSUcuUPexD4GjJ1ui2YCY6WJU 600253 12TrtY3HspxRVPXt93FwKZcwVCpNtJoqJu 600198 1HfQcf3dS7t2zXxu4RWE24ZNuifzYQHrNB 595000 1EmmxKaHv325bGsVssUWfK7PPviy66LBbM 594994 1P1faTLebRYuXZ8SSERCFaiY5eB1jK65mQ 593794 1Am8qLdvRF7bZQ1eYreVY7n4vSTwHUEWrU 566112 13wUo7JdNnpELHwDeHHKaQVma1vMr2Hry8 557261 19PRP5LsgJfELBHrekmsDf3i6tJUdPz6q2 550000 1L5AUL3vEh2hvBbxJbtuwhbnWzid9W2gAW 547400 19aeHapvk2fz3LogbUb5uAKVRpccqS7gXH 537810 172Dj9mrxJZsBxZRCdeSJgpFDU33ui2R49 512176 1E7XDgPBzwxfjaniTPNDo2krnQfCHn32JW 509061 1C3ZEQjxKcdNzoXHs2NBPQyQfoHvn7ECks 508475 1DfH2hS9TiMax7GsMaUy3AZoyvo29SbV3s 508444 1JXMBZXRCEuqu2oYsFoj91c4tMrmQdAe2M 501562 16V2YtPEEU2wVfbTaKefWZJB6rFLmh98B7 500000 13yKyWA19NmWpZRJG9V9QN8c9LZ9B1jUHZ 500000 13YoV2NJ7rsG8JEnSynAMMVFg7KCAkoYNA 500000 164ipjiy1b8YqEL58wEmPoJ3BNaXKHHgTs
Care to share any evidence for this? It’s a pretty wild accusation you are making here. Being a new user makes it at least somewhat suspicious that your first post is one where you cast the project in a bad light by making some wild accusation about someone who may own a large amount of the MAID.
He’s not holding any capital in MaidSafe he supposedly owns a large amount of MAID, which is basically the same as holding BTC. And holding BTC doesn’t mean you are owning a part of any company or project. You’re (trying?) to make it look like someone who you accuse of having a troubled past is connected to this project.
Here is all the evidence you need. I would not make such grievous accusations without facts to back it up. Pedophilia is no joke
BTW im not accusing anyone on this project, I think this project is fantastic and the developers are doing a hell of a job. I’m just sharing my thoughts and what I found with the community so we can have a discussion. That’s all.
Well well well If that’s not passive aggressive…
Here’s his Wikipedia page:
It seems the claims were made 17 years ago when he was 18/19 years old. I’ve only read the wiki briefly and haven’t done much digging though.
Correct, no one knows if they still hold any MAID at all.
Okay, I guess the wording of your first post was just unfortunate then. Because it reads like you are directly connecting Brock Pierce to MaidSafe. And it seems there is barely a connection if any at all. In my opinion holding MAID coins doesn’t mean anything really. There’s no direct connection between the project / MaidSafe and Brock Pierce.
I read his Wikipedia page (thanks for the link @mailliam) and your accusation was indeed based on fact. I’m not going to watch the YT video since I’m not interested in learning more about Brock or what happened with DEN, but thanks for supplying the link.