Topic: [ANN] [R3D] NEW UPDATES COMING SOON - page 24. (Read 66789 times)

People need to get the word out about this project. Although I haven't bought R3D (yet) I've help the cause and tweeted it. I decided to aim my 2 tweets at @WIRED and #FinTech

More people should do the same! GL to R3D project

Could you answer my question regarding break down of 4000BTC?

Also do you mind providing a link to either coinssource.com or cryptocerify.com verification? I don't see any links in OP

Thanks

the max they are asking for is 4000btc

Yes sir. Photo ID required and all.

Would you mind braking down 2000BTC 4000BTC or even 800BTC as in how much is expected to go towards what and why? For ex. how much are you paying syntaks and other developers, how many developers are you planning to employ, for what and for how long? How much are you allocating towards marketing campaigns, where and over what period of time? Don't get me wrong I'm not trying to be fussy or something, I am considering investing and I assume that with such high value project you must have created business plan then calculated and re-checked. You didn't just come up with that amount out of nowhere thinking it should be enough right? Not with 2000BTC 4000BTC, or even minimum 800BTC. It's a lot of money even at current rates.

Is stuff like that that is one of the many many reasons we're making r3d: http://yro.slashdot.org/story/15/08/24/0526252/proposed-rules-would-require-govt-registration-for-malaysian-press-sites

It's not the "verifiability" of what's written by news and media outlets thats we're questioning, it's the fact that they're not able to do so freely. Use r3d's core to create a public news source for the people and it will always remain FOR THE PEOPLE. The point here is that it's written to the blockchain so there isn't a thing that can be done to fully remove/prevent/hide it.

is it free to list on bittrex? how do they make money off of this? through fees or something?

Yes sir. Photo ID required and all.

Sites like kickstarter and gofundme have very strict policies about crypto campaigns. Not many that I've seen support or are willing to support anything crypto-related, but that's not to say that we're not actively seeking more options, as we certainly are.

Does that mean you provided Bittrex with your real identity?

Thank you for answering. Kickstarter was just an example, there are other crowd-funding sites out there you could potentially use to attract bigger investors. It would probably sell out in 2 days (if everything was listed legitimately and as transparent as possible). Saying that, I think if this is executed properly and professionally, Bittrex may still help achieve your goal.  

If a minimum of 800,000,000 R3D are sold (800 BTC) I would be able to continue to pay syntaks and the rest of the team to work on this project full-time, rather than in between contract work and "when time allows." We want R3D to continue moving at a rapid pace, get people to start working with the core and developing new applications, and a successful CFC will allow us to do this. Should the CFC be successful we'll allocate some of those funds to continue marketing campaigns as well in order to reach a broader target audience. There are a lot of developers out there that could very much benefit from this, and the R3D community will benefit from other's development, creation, and application on the core source. Keep in mind that what isn't sold is burned. There isn't some percentage off the top that we keep unbeknownst to everyone (Bittrex would never release funds to us if we did that anyway because we didn't announce it), nor will there ever be any new R3D in circulation. What R3D is sold during the CFC is all that will ever be in circulation. We went with Bittrex for this CFC with full intention of being clear and upfront about out intentions and legitimacy. Bittrex no longer allows for anonymous CFCs, nor will they release raised BTC to us until AFTER they review the source and test the blockchain.

Bittrex no longer allows for anonymous CFCs

It wasn't a matter of launching another campaign, it was a matter of restarting the existing one.  It costs to run a CFC at Bittrex, so after paying to list it wouldn't make much sense to just cancel it.  As far as the scammer's playground, I couldn't agree more with you.  I read some horror stories about kickstarter-funded campaigns and that's ridiculous.  Some were even worse than what I've seen happen in crypto.  Regarding the financial breakdown, that's more an area for Jared to discuss.

     Best regards,

syntaks

I'm sure they will release it some how.  Plus it does not matter how much you put in now because if it does not reach it's target then you get all your btc back anyways.  win win.

HMMM 10 btc a day you need 80 days to reach target 800btc i be shocked if reached
 just not the same as 1 year back..to many been burnt but you never know
 my money on no chance to reach 800btc ..I HOPE IT DOES BE A SHAME NOT TO REACH 800BTC
Dam i thought it was getting released no matter what but there you go my mistake