MaidSafe Dev Update :safe: 26th January 2016

If it is a VC then they would be looking for equity in most cases. MaidSafe generate revenue from 3 sources all related to safecoin. These are: 5% for maintaining and developing the network, farming and building apps for the the network. The safecoins recieved for these activities will be sold, converted to cash and receipted as income. When this income exceeds our costs we will have profit and the investors will share in this with us. Early stage tech investors would be looking to increase their investment from between 3 and 7 times in 3-5 years.

No.

The fund raising is still in a relatively early stage and we don’t really have the luxury at the moment to step back and optimise parts of the system. We see Rust 5 as a minimum viable product and these proof points are a very important part of the funding process, it convinces investors beyond a shadow of doubt that we know what we are doing. I wouldn’t anticipate the development process slowing down during 2016.

I hope this info helps!

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