Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
zeeman
on 27/09/2016, 16:15:55 UTC
Does Maidsafe have any contingency plans in the event that they fail to raise the minimum investment amount? Assuming they have enough funds to continue development until the end of the year, what happens after that? It is obvious they still have quite a way to go in terms of development, as they wouldn't be pushing so hard to secure additional funding if they had an official release in the pipeline for the near future.

They still have quite some MAID from the 2014 crowdsale. They are in Alpha stage now, this is where everyone can use and try out the software with nice GUI's and installers. In the coming months they will go from Alpha to BETA. This means: Vaults complete so everybody can run from home. Safecoin built in and active, several Apps and more. I expect the MAID price to jump when they deliver what's on the roadmap. So if the MAID price doubles they might last 2 years on the amount they have. If it triples they might be able to survive even 3 years with current holdings. That doesn't mean they don't want more investors. They are talking for several weeks now about deals with other companies and what more. No idea what it is, could be hardware or something else. They also look for investors besides from BTTF. So they will deliver a BETA network without a doubt. Let's hope it becomes big and see MAID go wild. But I hope they find investors as well. That way they can hire more people.