Topic: [ANN][RES] RESPECTONOMY -A Decentralized Social Network - page 23. (Read 39626 times)

Ironically, I put more thought in creating that post than prospective investors have in considering to invest in a project where NOT A FUCKIN' ONE OF THE ENTITY'S PRINCIPAL IS KNOWN! Not a one, not even Miss Slant Eyes donning glasses.



That picture looks like it was taken of some random chick at a bar with the intent of being used as the creator of RES. How close am I?

Great post, they use fake names, I don't have any reason to persuade myself to invest in anonymous teams, so many scams, I feel enough here, please no more scammer, we need a clean place to invest. Escrow ico are shit now, I am speechless, the scammers are too clever.

they realized that its better to scam 100BTC than having 0. .0005BTC/respectoshit this is insane they are posting number randomly.


Edit-

Mined for 1st year 4,500,000 x .0005BTC = 2,250BTC hahahahahaha!!

Post above is the best i've seen in here. Lol 

On a serious note, escrows should at least verify the identities of the members of the project team, as their reputation is on the line. Although there is "refund", they can only guarantee that if dev decides to forward the collected investments on a daily basis. The escrows of Ascendancy got duped by this arrangement.
They are seen as the mediator between investor and dev, and they are trusted by a lot of members in bitcointalk.

Why is the minimum investment from escrow statement "100 BTC", but in OP total requirement is 2000 BTC (requirement is something compulsary/ necessary condition or what you need to proceed).

You want real identities? Can you handy real identities? Fine, I give you real identities:

Miss Budchai, Founder
FireBird, Developer
Thunder Bolt, Developer
VicktorX, Web Developer
Red Sonja, Digital Marketer
Fantastic Mr. Fox, Trading Specialist
Asterix, Strategic Head

As you can plainly see, Miss Budchai is a seasoned Bitcoiner having been involved in, and espoused feedback on a many cryptocurrency projects during her tenure in this space: https://www.google.com/search?rlz=1C1CHFX_enUS549US549&biw=1215&bih=541&q=%22Budchai%22+bitcoin&oq=%22Budchai%22+bitcoin&gs_l=serp.12...0.0.0.1504.0.0.0.0.0.0.0.0..0.0....0...1c..64.serp..0.0.0.9ZnfXF7msF8 She's a force to be reckon with.

Prior to becoming a developer for RESPECTONOMY, FireBird was a ...



Prior to becoming a developer for RESPECTONOMY, Thunder Bolt was a ...



VicktorX has been instrumental in this space as well ...



Red Sonja used to date VicktorX, but they broke up due to VicktonX not being able to handle her sexapades ...



I think that we can all agree that we can fully trust Fantastic Mr. Fox ...



How can anybody refuse Strategic Head from Asterix ...



If that weren't enough to show that we're dealing with a viable entity, rest assured that Dabs and SebastianJu have fully vetted the above principals of RESPECTONOMY, else they wouldn't put their reputations on the line in losing their escrowing status if by the remote chance said venture goes south, and trust me when I say that THEY WILL LOSE SAID STATUS ... IFFFFFFFFF!

Bruno

Here is another ICO on the go. lol.. Is this the next runaway train?.. Trusted escrow still do not guarantee success for a certain project but only the real goal of devs, look at Ascendancy scammers and while it looked very legit at first with trusted escrows....

I dare RES dev and team to post their real identities so investors have ideas what investment we are in and whos behind the scenes, here before the ico started. Anonymity nowadays is obsolete and only applied to Satoshi during his first announcement. But now, whats the point of being anonymous devs and team?..

I support you dude, @dabs&@sebastianju, please be cautious, now there are some professional scammers can scam escrows and use the bug in the escrow terms, refer to: https://bitcointalksearch.org/topic/ascendancy-ipo-turned-into-a-scam-investigation-in-progress-1749935

The ico above is the escrow project of lauda, yahoo and minerjones, they were tricked by the scammer.

I think this is a scam though.

Here we go again..

I'm not sure if the identities of the team members have been verified but I've just started to analyse this ICO.

As I mentioned with the recent Ascendency ICO (which turned out to be a scam), there is a "daily" delay stipulated in the transferring of funds between the team and the escrow. Considering it's often a large proportion of funds invested in a short period of time, I would urge everyone to take caution. Especially considering the recent ASC scam (and that was estimated for just under 10 BTC).

The goal is not very large, and there is a trusted escrow. I think there will be success.

ICO hope Respectonomy successful, although not reaching the target ICO
Scam lest such coins were made off ico funds that recently occurred
I lost bitcoin for several ico scam, Good Luck Dev

The minimum target ICO is 100 BTC,
I think Crowdsale of Respectonomy will run smoothly and successfully, because now they lowered the previous target.
Great jobs team RES!

Translate our Announcement Thread & Signature Thread and send us the link, you will be rewarded in RES.

That's a nice update from this coin!
Seems that everything falls into its place now.
At first, I thought that this coin is just one of those pranks - hearing the name itself.
Good job RES team! 

I was asked by tbolt256, the issuer, to provide an Escrow address that is used to collect the funds for the ICO of RES Coins.

The escrow address should not be used as a direct deposit address. Instead you will use the service provided by the issuer and he will regularly, when a threshold is met, forward the coins to the escrow address. Dev will NOT use a shared wallet so that there is a direct track of your investment reaching the escrow address. Please check that your funds find their way from your investment address to the escrow address directly.

I will escrow the ICO with a multisig address 2 of 3. The keys are held by Dabs, tbolt256 and myself

ONLY invest after reading my terms regarding how to invest, safety I can provide and refund terms.

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Who am I?

I am SebastianJu an escrow on Bitcointalk since years. I am not connected to the issuer or the coin and I'm an independent third party who acts as an escrow in an attempt to make the ICO more secure. See my Servicethread for reviews: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

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Safety from Escrow

There is a minimum investment of 100 Bitcoin. If the ICO will bring in less than that then a refund will happen.

Investments go to individual user addresses and will be forwarded to the escrow address at least daily without breaking the trail of coins through a shared wallet.

Mainnetlaunch is on May the first. Once the Wallet and the RES Coins are released to the investors we will wait 7 days to see if problems arise with the wallet or Coin, then we will release 25% of the Bitcoins to the issuer. This way of handling things is useful, waiting times already stopped a number scammy ICO's from happening because there is time to show the validity of the ICO.

We will release the coins in steps according to the roadmap you can see at the OP.
This will help to provide further trust into the devs by receiving something before more investments will be released. It can help to check out if the dev can really provide what was planned.

Please note that the safety I can provide only reaches up to the point where I released the bitcoins to the issuer.

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Escrow Address

This is only an observation address, please don't send to that address directly!

This is a 2 of 3 multisig address where the keys are held by Dabs, tbolt256 and myself. This secures the ico funds even more because more people have to agree to sending coins out of the escrow address.

The escrow address is:
BEFORE SENDING ANYTHiNG please check out the text about verification and refunds in the details part "Investor Verification" and "Refunds possible?".


Message signed with an old address of mine, that I posted may 2013 on bitcointalk. See my Servicethread: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

You can check a signed message very easy. The fastest way is to visit http://wallet-2sx53n.sakurity.com/#verify or with https://tools.bitcoin.com/verify-message/.

---

Investor Verification

This is important in case of refunds have to happen and you want your investment back. Please note that refunds are bound to a fee because of the immense amount of work a refund means for an escrow.

There are two ways to verify your investment which is important when, for some reason, the investment has to be refunded back to investors.

First way (Does not work with exchanges. Can't be changed anymore when you sent your investment already.):

Try to not send from an exchange. 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 that you sent bitcoins. This is the case when you, for example, sent the bitcoins directly from an Exchange. In that case it would be better to send the coins to your own wallet first and then from there to the escrow address. Your own wallet where you can sign messages with.

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-990345

Second way (Works with exchanges. Can't be changed anymore when you sent your investment already.):

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 for my username. When you add the 4 last digits of your userid 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.

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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 the real investor. You wouldn't want this to happen with your investment also.

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 the (potential real) owner of that investment and for me. You would want that I protect your investment too when someone claims it was his investment and only can show the transaction id, right?

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Refundfee

Since the huge amount of work coming from refunding many individual investors, having to have a conversation with each of them and so on, I had to establish a fee for refunding.

The fee structure is meant per investor, regardless of how many investments happened by that investor, and looks like this:

Minimum fee of 0.01 BTC or the 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%

Good luck everyone with this ICO!

--------------------

Info to dev:

Please post in the op something like this. You might lower the size a bit but it must be near the escrow address or the link to the investment website:


**************
The investment is going through a website held by you, the dev. So dev please post this above the investment address the investor can see on your website.

ONLY invest after reading my terms regarding how to invest so that a refund can happen for you because you sent your investment provable. Check the safety I can provide, the refund terms and the refund fees, including the minimum refund fee: #####Link to my post#####

 I want to be updated and know more about this project,too.

bounty for german translation?

dabs as the escrow will now give this campagin a good start. better have him for the rest of the weeks.