Is there an amount of coins that are currently locked up for maidsafe developers or additional liquidity that will be added when the network is fully ready beyond the current 455 MM and the coins that will come from farming?
Who is āweā though? When lambo folks or maidsafe?
If the tech works, the price will come. I get that folks want it sooner. We all want more money, the network yesterday, etc, but we should be happy with a new ATH (most havenāt) and good progress.
Yes, I have some targets in mind. However, the exchanges that are bigger than P2PB2B have significant document requirements MaidSafe must fulfill and non-trivial listing fees. I figure the MaidSafe team more than deserves a little rest, so Iāll follow up on what can be done next week.
I conducted such a poll about a year ago. Maybe peopleās feelings may have changed since thenā¦
Itās a two-part problem. People are still not-yet comfortable buying given present liquidity. The only way to fix this is with additional exchange listings. The average is ~40. Weāre now at 3. I think 5-10 should be the target.
These are good tactics.
Itās not to pump the price. Itās to build better awareness, gain market traction, and get to a point where old time holders see a price that reflects the value they see in the product. We hear that people donāt want to sell (and let others into this ecosystem) at current prices. The only way to get to prices where old timers will sell is by increasing liquidity, thus allowing the price to reach its market potential.
This perfectly makes my above point. A 10x increase in price will require more liquidity, which will require more exchange listings.
The rate at which new coins will be released upon launch is yet to be decided. You can find the initial distribution of coins at launch in anyone of the press kits.
I believe āweā should reflect the community, which is MaidSafe, all of us here, and those who will join us on the Safe Journey.
This is spot on imo.
Is the community going to create a listing fund then, to raise the substantial listing fees, market making liquidity, etc?
Iād like to see the price shoot up as much as the next person, but there seem to be many strings attached and no guarantees either.
I think we should and I hope we do. Thatās why I polled the community about this last year, and suggested a Safe Network Community Fund. I do think thereās more that we can be doing as a community. Currently Iām working on Safe ~20 hrs a week. Iām going to create another poll on this to see how others can contribute.
Just out of curiosity, what price margins would be those where veterans would wonder to start selling a maid?
I hadnāt looked at the press kits yet. They look awesome!! And thank you.
Well, this seems to indicate nothing less than ~$12.
Weāve also heard as little as $5 and as high as $100+. Honestly, I think itās reasonable that with respectable access to liquidity, MAID should be able to achieve a market cap of at least ~$20 to $30 B leading up to beta. Other projects have achieved this with far less tangible tech to show. That would be a price ~ of $44 to $66.
To everyone: whatās your ideal price to start parting with your MAID?
- $1 to $4.99
- $5 to $9.99
- $10 to $19.99
- $20 to $49.99
- $50 to $99.99
- $100+
I think that is a neat poll but I believe most would only sell a portion of their holdings at those prices.
For sure. Thereās no price listed in that poll at which Iād liquidate everything.
Iām assuming most people here right now will almost never sell all of their coins. Additionally some people see a million or two as life changing while it may be less or more for others. I hope after people investing for this long they get what they want out of it as well as the new tech to live our lives with.
I mostly want SAFE for the world. There are issues with info-anarchy, but they are now clearly less than the issues with the alternatives. My liquidate 1/3 and retire number is between $10 and $15, and it all of a sudden doesnāt sound preposterous. In that event, some will be held indefinitely, some laddered for an absolutely stupid number, and the remaining will go to fund projects like putting scihub or wikipedia on SAFE.
Would be interesting to have a poll to see how much maid people would be willing to contribute to a fund for this.
Will be posted momentarily!
Price/Valueā¦ was just thinking about the massive machines in place to censor and control what news stories take front page space and now social media, and the cost to keep them runningā¦ over nightā¦ BOOM ā¦ SAFENetwork will make those machines worthless. Am really looking forward to reading real information.
It wonāt be so simple. If the powers that be want to mess with your signal-to-noise ratio they can just as well up the noise as suppress the signal. It will take a serious community effort to curate, and to develop systems for rating and aggregating curations, to offset threats, even on a network such as this.
I donāt think we will see as big of a change regarding this as one might expect. The biggest āmachineā that censors popular news and social media platforms is culture. Those popular platforms will continue to be pressured to remove whatever content is deemed to be inappropriate by the masses. And they will comply at the risk of losing popularity if they donāt.
You should read/listen to 1st two books first, but the book Assassin, by Doug Casey has a crypto based investigative network called The Paladin Network to incentivize the uncovering and publication of truth that is interesting to think about.
Always a thumbs up for a book recommendation. In the next shipment.