Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
zeeman
on 10/09/2016, 11:36:12 UTC
Another thing , If only people who provide resources will get paid , what would anyone buy the coin as there is no demand ? (unless people who use the network will have to pay coins as well)

Spend Safecoins to store data on the network, paid Safecoin options for more features on apps, buy and sell Safenet domains or IDs, pay Safecoin for programs or services, etc.

Safecoin will be very expensive after the main net is live. Like you said, ppl will use this service for decentralized internet, they need to biy safecoin.

The network adapts to the price of Safecoin. So if the price is high, a lot of people will try to "farm" coins to sell them. The network detects that and the reward for every delivered chunk (Farming Reward) goes down. Same the other way around: if a lot of people try to farm coins, there are lot of resources available. If there isn't that much money to make people will stop farming.

You don't have to spend a dollar to use the network. Just start a Vault on your computer and let it run for some time. After you made some safecoin that way you could store data, tip someone, register a domain, and more. Do you have a nice blog? Add a tip-button and see the Safecoin come in.

Browsing the network will always be free, no need to have an account.