Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
TaunSew
on 18/04/2014, 02:49:35 UTC
Utopian or anybody else.. Can you tell me something about Madesafe? the IPO is with a few days, is it interesting to buy this? thanks

What is the Madesafe ipo about?

Here is the link http://www.safecoin.io. Very expensive coin. Anyone know how it works? Can't figure it out.

Maidsafe is essentially a second generation TOR (anonymous browser / platform) based out of Scotland.  They created a coin after reading a thread on this forum from Bitcointalk users who wanted to invest in them.

As far as I understand the Safecoin is a fork of Mastercoin.  It's honestly, I think, meant to be an alternative to crowd funding than an actual serious coin.

Second, as the previous poster said, it's likely a scam.  Why am I buying worthless Safecoin when this company could / *should* be offering real equity?  I would rather have equity of a real world company than some junk fork of Mastercoin but that's me.