MaidSafe (MAID) is a cryptocurrency or a form of digital asset. MaidSafe (MAID) price for today is $0.18 or 0.000018 BTC with a 24-hour trading volume of $ 429,559. MAID price changes -3.84 % in the last 24 hours. It has a circulating supply of 452.55 Million coins and a max supply of 0 coins.
MaidSafe is a fully decentralized platform on which application developers can build decentralized applications. The network is made up by individual users who contribute storage, computing power and bandwidth to form a world-wide autonomous system.
Safecoin can only reside within the SAFE network and will be stored in a users wallet and used in exchange for network services; such as increased storage space and access to network applications. There is no set distribution time for safecoins. Unlike many currencies, the distribution of safecoin is backed by information and the amount of coins generated by the SAFE network is directly related to the amount of resource provided to it.
|MAID/BTC Price||฿ 0.000018|
|24h Vol||$ 429,559|
|Market Cap||$ 82,608,286|
|Full Name||MaidSafe (MAID)|
|Available/Total Supply||452.55 M - 0|
MAIDSAFE stands for Massive Array of Internet Disks + Secure Access for Everyone. The Safe coin is the token of the Maidsafe network which is a project that aims to create a decentralised and distributed internet using computing resources rented out from its user base. Data storage is contributed by users and this will grow the power of the network allowing it to handle greater traffic. The ICO raised $6.4 million in only five hours, accepting Bitcoin and Mastercoin, 452 Million coins were sold which is 10% of the total supply, the remaining 90% will be available to users who 'farm' coins by supporting the network with resources. However as they fixed the price of both payments prior to the sale many buyers rushed to sell BTC and buy MSC to take advantage of the discounted buy rate with MSC. However some buyers who did not swap in time were left with a loss holding MSC. This rush led to a temporary 2x increase in the price of MSC. This unfortunate start somewhat marred Maidsafe's reputation, a report of the events can be found here .
However Maidsafe has been in development prior to the Bitcoin and has filed a successful patent application which has given this project a strong and credible history.
The Distribution of the funds followed the following structure:
For more information, please read MaidSafe's Blog.