The MaidSafe developer squad completed its equity fund-raising circular today on
BnkToTheFuture.com, raising an impressive $1,581,191 from 240 backers & qualifying investors. The 30-day funding circular began on the twelfth of September as well as gave investors the gamble to snap upward 6.25% of equity inwards the ambitious startup.
Scotland-based MaidSafe was looking to heighten betwixt £1.75-£2 meg to terminate evolution of its decentralized file storage network, which rewards cloud storage providers on the SAFE network with Safecoins - digital tokens used yesteryear uploaders to pay for storage space.
“With this investment circular nosotros are seeking to accelerate progress farther yesteryear adding functionality as well as working towards the beta version as well as beyond.”
The MaidSafe squad selected the BnkToTheFuture platform due to its popularity with blockchain, fintech & digital currency enthusiasts.
At press time, the SAFE Network is inwards
alpha stage. Users are able to launch their ain webpages as well as host existing sites on storage infrastructure provided yesteryear MaidSafe. File uploads are currently express to 25 MB per file on the alpha network.
With the successful completion of this funding round, MaidSafe volition deed towards releasing the beta version - called TEST eight - where users volition begin providing storage infinite to the network with their ain hardware.
MaidSafe sweetened the bargain for participating investors yesteryear offering a fixed total Safecoins for every pound invested, which volition last delivered to investors both digitally as well as on especial retentiveness sticks:
“The Safecoins that nosotros volition last offering to early on investors volition last alongside the commencement to last farmed on the network yesteryear MaidSafe.”