MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising

investors get refunded if a pitch doesn’t hit its minimum goal afaik.

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Yes that will be the case if the pitch doesn’t meet the minimum target. Let’s hope it won’t come to that.

It does not look very promising…

haha no it doesn’t… if it continues at this rate they’ll only raise (200.000 * 29 days) 5.8 million USD instead of their goal of 2.6 million USD.

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ha ha is that a joke or don’t you realize most people who are aware and know this would be getting in on day 1 ?

Remember the 5 day delay in getting ID approved. Some will not invest till their ID is approved.

From what support says you cannot even get a refund unless the ID is approved.

So if most only find out about it in the first week then upto 2 weeks for the early investors. Unless they were already signed up and knew about the investment.

Maybe you need to think broader than cryptocurrency crowdfunding where you can raise 150 million in a month, which you can throw away a few months later without any problems.

There are professional investors on the platform who will do research before investing in something. The earliest official possibility to read the information and do research started yesterday so no I’m not joking.

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In the Simon Dixon interview on the cryto show (though he isn’t talking about Maidsafe) he actually states the opposite: most investors wait until the end of the funding period before investing. It’s purely anecdotal, but that’s kinda the case with me - I’m a gig worker and get paid irregularly and in biggish chunks. Currently waiting for a payment to come through so I haven’t invested yet.

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There are quite a few triggers that happen during the investment period. BnkToTheFuture have still to send an eflier to go to all their investors (they are starting to draft this now) and they advise that some investors won’t invest until the campaign reaches X% of it’s funding goal. We’re not complacent about this and @dirvine and I were discussing this issue this morning, but we are right at the start of the campaign.

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I’m pretty sure that most of the “regular” investors on Bank to the Future won’t just jump in like some of us here on the forum did. We’ve been acquainted with the project for quite some time and know what MaidSafe stands for and what they can do. Other investors will want to do some more research before they decide to invest, especially if they have large sums of money to invest.

Perhaps the latter is wishful thinking in my part. Let’s see. It’s obvious that the first 100 tot 150k came from long time supporters, and now it’s up to the other investors to be convinced. I think MaidSafe made a good pitch, and it’s now up to the investors to decide whether they think MaidSafe can achieve what they aim to achieve.

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I sincerely hope i am wrong and the target is reached, i was just speaking from my experience with these things, and it is no small one. And no, i am not taking into account the MSC crowdsale, it was erroneus from the beginning based on the stats alone.

I would be good to get the landing page updated with the errors noted and the new logo inserted on the youtube video…the old logo demonstrates old video… and this is a new start. Imo the new logo should also be more prominent throughout the pitch.

Very excited about the success of this campaign and want very much to see it succeed.

Good luck

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The errors have now been corrected, although maybe there are others that we are not aware of? We amended the spelling of ‘Marc’ and changed ‘an’ to ‘and’ on the solution pitch image.

This is primarily a MaidSafe (the company) raise and therefore we have kept the MaidSafe logo in the video. [quote=“BIGbtc, post:134, topic:11039”]
Very excited about the success of this campaign and want very much to see it succeed.

Good luck
[/quote]

Thanks, a long way to go, but it is early days.

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Looking at the rate of the money raised Im actually getting a little worried. Looks like its slowing down and speaking with no statististics backing me up, I would imagine that most of the capital is raised the first few days. If we slow down, as it looks like its already happening the minimum will not be raised, which is a real shame. With thousands of active followers and fans of MAID we should be able to easily make the minimum, but I see only 67 backers. We should all do our fair share in helping out - twitter is a good way to get the word out and talking to friends about it.

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You would think people like this owner of the 38 000 000 MaidSafeCoins (http://omnichest.info/lookupadd.aspx?address=19h9LpXHVKEYzDJCKdhaXkmu3zavZdiyYk) would have some vested interest in keeping the company up and running, even if it was just purely for their own financial gain.

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If this is a private investor then you are absolutely right. That’s 3.4 million dollars worth in MAID. :astonished:

Do we know if there’s a plan B in case this second funding round does not meet the minimum? Is selling $MAID the only available option left? @nicklambert

We are just 3.5 days into this, and already we have seen 18% of the min funding amount achieved. I think we should not get worried just yet, still long way to go.

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We are working on it, anticipating some larger investments coming into BnkToTheFuture over the next week or so.

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Good news, Nick. I wonder if I can prise some more info out of you :slight_smile: David mentioned ‘going global’ soon, in a recent podcast. Are you able to elaborate at all, or was it more a turn of phrase?

Hello all, by the way. This is my first post but I’ve lurked for months since my old mate @Jabba brought me into the Maid tribe. This project really ‘thinks big’. Inspiring.

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