Hello everyone, Sergey told me that there is some kind of confusion about how the refund of Bitcoins will happen. This only applies to BITCOIN REFUNDS.
Everyone who wanted to invest was asked to read my escrow rules before investing. Those rules contained the parts about refunds. Which means refunds have to be proven. We escrows can't possibly trust on data we receive from the devs of inchain. This would negate the whole purpose of an escrow and would put every real investor and the escrows in high risks of being scammed. Instead everyone was asked to invest with some kind of proof being possible. These are:
First way:
Only send Bitcoins from an address you can sign a private message from or at least where you are able to get the private key for that address! This is important since in case of REFUND you can't proof otherwise that you sent bitcoins when you, for example, sent the bitcoins directly from an Exchange. In that case better send them first to your wallet and then from there to the escrow address.
For information about what you need to sign a message you can check out this thread:
https://bitcointalksearch.org/topic/how-to-sign-a-message-990345Second way:
Another alternative to proof your ownership of a payment would be to send me the last 4 numbers of your user id as satoshies in your transaction.
Move your mouse over my username, see my profile id is 18640. You can see yours when you are in your profile and hover the mouse over the links on the left menu. Something like u=18640 in the links show your User-ID. The last 4 digits are 8640. When you add these 4 numbers as satoshies to your payment then it is pretty sure it's your payment too.
For example you want to send 2 bitcoins and your profile id would be 18640 then you send 2.00008640 Bitcoin.
Those investments can be seen as proven to be invested by the person who asks for a refund when one of these ways can be shown.
Everyone who can't do that has to contact me also:
Refunds possible?
Refunds can only be done in case the issuer agrees or there are reasons to stop the ICO by the escrow, because there came up doubts that make the ICO too insecure to proceed.
As long as you did not verify your investment transaction in some way I will see your investment as unverified. Otherwise it could mean a random person could claim an investment as his investment and steal it from a shareholder.
Refunds can only be done instantly when you can proof ownership of the investment. Either by signing a message from the sending bitcoin address or by your investment amount matching your forum user id. See description about verification above.
If you can't proof the ownership of an investment and a refund needs to be done then you need to wait some weeks so that the risk of being scammed is lower for me and the (potential real) owner of that investment. You would want I protect your investment too when someone claims it was his investment and only can show the transaction id, right?
As everyone would have noted already. Refunds take an immense amount of time for the escrows, which is why many escrows does not like ICO's. Escrows can't simply make it easy because the risk of being scammed is high then.
Like stated in escrow details there is a refund fee which is a minimum of 0.01
BTC or the following fee structure, whatever is higher:
>=$500,001 = 0,5%
$500,000 - $50,001 = 1%
$50,000 - $10,001 = 2%
$10,000 - $1,001 = 3%
$1,000 - $101 => 5%
<=$100 => 10%
In any case, please contact my via pm about this. I will take notes of everything and let you know if something more is required. I will check those pm and emails as soon as possible.
I deposited on 27.10.2016 0.02392296 BTC from 1PRrPuHvwAMGYG6A24HoPzG3QgcdYJpc56 to 3EAH5GnxYqYHNZg25wo2LGwxWoo3ibeeQ3 and i want a full refund to my Bitcoin deposit adress 1PRrPuHvwAMGYG6A24HoPzG3QgcdYJpc56. My inchain email is
[email protected] and I want my bitcoin back!
