MaidSafeCoin (MAID) Cryptocurrency Economic Model and General Information

What does it do?

SAFE Network allows decentralized data storage and selling/buying computing resources

Users have complete control of their data

MAID is a token launched on Omni protocol and traded on exchanges, while SAFE is used as a reward on SAFE Network and can be exchanged to MAID 1:1.

Key Features

Data is ‘self-encrypted’.

Instead of blockchain it uses Data Chains.

General information

Company Name MaidSafe.net Limited Incorporation date 2006 Incorporation Address 72 Templehill

Troon, KA10 6BE

United Kingdom Website https://maidsafe.net/ Blog n/a Phone +44 1292 317311

Economic details

Initial Funding & Distribution Ticker MAID Token Type Cryptocurrency Total Supply Sold No information Total Amount Raised 93 249.22 USD Price During the Crowdsale n/a Hard Cap n/a Whitepaper https://docs.maidsafe.net/Whitepapers/pdf/Safecoin.pdf Token Distribution No information Distribution of Funds raised 16.6% Sales & Marketing

15% Developer Team

13.6% General and Administrative

8.7% Benefits

7.9% Misc & Reserves

7.1% Legal Crowdsale Date April 22, 2014 Sources:

https://www.coinstaker.com/initial-coin-offering/maidsafe/

Social Media

Team

Title Name Linkedin CEO David Irvine COO Nick Lambert CTO Vivekanand Rajkumar Director/Business Manager Lorraine McNally-Jones

Development

Total number of Commits 24 703 Commits (49 Repositories)

Partners

Identillect – a company that provides solutions for companies to protect their data.

Glasgow University

Competitors

Sia – a decentralized cloud storage platform.

Storj – a decentralized cloud storage.

Shift – a globally shared network that can solve problems when it comes to verifying data integrity, availability and custom implementation details.

Filecoin – a decentralized storage network that turns cloud storage into an algorithmic market.

Substratum – an open-source network that allows anyone to allocate spare computing resources.

Dell EMC – a company that provides data storage and data protection solutions.

Oracle – offers business databases and related software products.

Potential market and clients

The potential of MAID depends on how many individuals or businesses will start to protect their data instead of trusting it to third parties like Google or AWS.

Utility and economic dynamics