'Decentralized Internet' Startup Maidsafe Raises $1.5 Ane One K Thousand On Bnktothefuture Investment Platform

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 risk to snap upwards 6.25% of equity inward the ambitious startup.

Scotland-based MaidSafe was looking to heighten betwixt £1.75-£2 1000000 to halt evolution of its decentralized file storage network, which rewards cloud storage providers on the SAFE network with Safecoins - digital tokens used past times uploaders to pay for storage space.

“With this investment circular nosotros are seeking to accelerate progress farther past times adding functionality as well as working towards the beta version as well as beyond.”

Our investment circular is complete. Many cheers to the 240 @BankToTheFuture investors who contributed £1.3m to assist us decentralise the web.

— MaidSafe (@maidsafe) October 12, 2016

The MaidSafe squad selected the BnkToTheFuture platform due to its popularity with blockchain, fintech & digital currency enthusiasts.

At press time, the SAFE Network is inward alpha stage. Users are able to launch their ain webpages as well as host existing sites on storage infrastructure provided past times 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 viii - where users volition begin providing storage infinite to the network with their ain hardware.

MaidSafe sweetened the bargain for participating investors past times offering a fixed total Safecoins for every pound invested, which volition move delivered to investors both digitally as well as on particular retentiveness sticks:

“The Safecoins that nosotros volition move offering to early on investors volition move with the begin to move farmed on the network past times MaidSafe.”