It will be open/public to buy this shares or private?
If it is closed about the buyer, it will be transparent about the deal, price and the total amount?
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Welcome to the forum 
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I think not, itās not like a A to B blockchain with miners and everybody agreeing on new block. Itās more parallel, where the hashes in the blocks are changed etc.
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We would anticipate selling most of the coins (not shares) slowly on an exchange at the market rate although we would consider sensible direct approaches as they wouldnāt directly impact the price.
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VC investors buy shares and not coins.
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This is really the best way to do thingsā¦ would have a positive impact on market, and the dev team could receive the funding they need.
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There would be PLENTY of takers.
@nicklambert Actually maybe Bitsquare is ideal for this kind of sale (a P2P exchange) - I would happily buy some more MAID direct with MS (thru Bitsquare) instead of using Poloniex. Although I know the current trade limit is very low on Bitsquareā¦
With the bitcoin from Silk Road the CIA et al sold the coins OTC- Over the Counter and not on a public exchange thus not impacting the price directlyā¦ (so nice of them!) ā¦ would be ideal if Maidsafe could sell these coins at market price but off the main exchangesā¦ hence the idea of bitsquare.io
Right on sprks; the market makers are here. It would be awesome to give them cheap MAID. Win/Win for the dev team and Maid investors.
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and thatās a lot saved in exchange fees and commissionsā¦ P2P in the spirit of the SAFE mission
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Nick, have you considered a closed bid auction and break them into groups? With a strong introduction and MVP you may have some interest from some big ether winners looking for the NEXT BIG WINNER. With a reserve price you can to revert to open market if the auction draws low bidders.
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If the MAID team were to go about it in this way, they would receive funding much faster than slow market bleedā¦ and not screw investors in the process. The market reacted pretty violently to selloff news.
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Im glad you NOT donating them. If you did what will the group do with them, Besides dump them on the market for cashā¦ To protect the markets you must sell them to someone that will hold them til you at least release a final product. Dumping on the market NOW wil only further degrade all your positions and RUIN the fund.
If the price of coins rises enough after taking the advance, you might never be able to pay them back. Prioritizing the repayment had better stay ahead of the market, if umpteen million Chinamen decide, at the commencement of Safecoin, that itās a great speculation.
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Any comments dev team? The market is taking a beating.
Iād say you are being a little dramatic.
Beside this being a marathon not a sprint if you are not in it for the duration best you disembark now.
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@Josh I donāt think there is anything wrong with pointing out that the market is reacting in a very negative way to this news. Investors have entered at many levels. I understand that was dramatic; it was supposed to be.
It would be nice if the dev team stepped up and said āok guys, an auction of sorts does make more senseā or at least say why it doesnāt. It would ease a lot of fear in the market.
That is where I disagree. This retraction is far from significant and will be short lived.
The company has no interest in affecting the price negatively, if anything there is now added incentive to stimulate the market.
Be patient.
Besides there is a pattern where the price starts to rise on a Sunday builds until Tuesday afternoon followed by a dump. This week is no different.
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Itās probably intended that the organization will pay back into the MaidSafe Fund in dollars, not MaidSafeCoins, or SafeCoins. Borrow $5 million, pay back $5 million worth of MSC later, as opposed to pay back the same number of MSC.
IMHO, itās human nature to say āIāll pay it backā, but then any number of events take place which prevent that from happening, despite all good intentions. Itās more realistic to say the $25 million is theirs to do with as they wish. This sounds like a miscalculation, but from a PR standpoint, this is better than saying they will pay it back but never paying the advance back later down the line.
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Iād unquestionably rather see the sale of (portions of) 25 million maidsafe coins than bowing to a Google investment, DARPA, or who knows what other venture capitalist firm because youād have to capitulate to their demands, which would compromise the entire network by design.
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