Review: MaidSafe

Before the Initial Public Offering on the 22. April, MaidSafe was hyped as the Bitcoin 2.0.

MaidSafe (MAID)
ICO Status: FINISHED
22. April 2014


https://maidsafe.net/ MaidSafe Ico
Initial Coin Offering: MaidSafe
5 (100%) 1 vote


Concept:
The idea behind MaidSafe is to create a SAFE (Secure Access For Everyone) Network based on the unused hard drive, processing power and data connection of the users. People will be able to use MaidSafe coins to unlock those services for their own purpouses. For example, a user can backup his files or host a website over the MaidSafe Network.

The data is dynamically placed on the network, so nobody knows where or what the data is. Random data parts are placed by the network to a given device and checked all the time if it is live. If the data is not live, then the data is transfered to another device.

Whitepaper:
Get more information MaidSafe Whitepaper
Venture

Venture MaidSafe
Raised Capital:
6.4M USD Raised Capital MaidSafe ICO

Venture Round:
Round 1 Venture Round

Total Coins created at sale:
452 Million FirstBlood ICO Tokens
ICO Funds Distribution:
15.0%: Developer Team
16.6%: Sales & Marketing
13.6%: General and Administrative
8.7%: Benefits
7.9%: Misc & Reserves
7.1%: Legal
Remains: Outsourcing, IT & Cybersecurity, Software.
Mining

Ethereum
Supply:
A maximum of 4.3 billion coins will ever be in circulation at one time. Safecoins get recycled when users exchange them for network services. This way, there will always be supply for miners (in the MaidSafe network they are called farmers) to get rewarded.

Reward:
MaidSafe coins are rewarded to users for providing their resource to the network. The resource can be following: storage space, CPU, bandwidth and online time.
Initial Coin Offering

Initial Coin Offering MaidSafe
ICO Launch:
22. April 2014

ICO Finish:
22. April 2014

ICO Tradable on Exchanges since:
28. April 2014

Highest volume of MAID can be found on: Poloniex.com
Offices/Locations

Offices and Locations of FirstBLood
MaidSafe Troon
Troon, Scotland

Team behind MaidSafe

David Irvine

David Irvine

CEO of MaidSafe

David Irvine started to work on the MaidSafe idea in 2006. Since then, the team has grown to 17 people consisting of thinkers, inventors, tinkerers, PHDs, engineers and designers.




Social stats from MaidSafe

Categories:

ICO Reviews
Share This

Be the first to know!

Knowledge is power!

Signup today for free to our Newsletter and be the first one to get notified on new Breaking Cryptocurrency Guides and ICOs!

You have Successfully Subscribed!

Inline
Inline