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Bounties can be claimed as and when mainnet launches. An update of how to claim the bounty (twitter and signature) will be updated on this thread and other social media.
Development of RESPECTONOMY is slower than expected. We are working to release a stable product.
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what a sad joke haha, but i understand, these scammers invest time and $$ into these fantasies, they just can't accept : THEY HAVE BEEN "MADE", this whole scam ass idea is burnt, throw it out, get a new one, maybe a LEGIT ONE
LEGIT PROJECTS always seem to be profitable, funny how that goes...
Funny as it may be, we are true to our word. We will roll out Respectonomy as a decentralized, open-source, social network. We will release a stable version of the code on our GitHub account and you are free to look into it. We appreciate all your inputs. We shall try to incorporate them into the network. |
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Out with the old, In with the new!
We are proud to announce our newly redesigned website..!!!
Start exploring - http://respectonomy.com Can i PM glebgamow to return to your beloved thread? It seems you are not giving up on your scam attempt.. Need that money badly? Gleb is always welcome here  We have just redesigned our website. I don't see the harm in that. |
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When is the refund process going to start? Since I see the ICO is over and you still only have around 3.3 BTC  We shall intimate everyone through this thread. It should be done soon |
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WOW... now you guys are saying you are not in control of the money...
The whole point of the escrow was to safeguard the money of anyone who invested. As the minimum target was not raised, the refund will be made minus the transaction fees. None of the amount will go to the devs or the team. This thread is crazy 😜 is respectonomy going forward with the project? What's going on? I read the last thread and that is crazy if it's true hope not because I actually supported respectonomy
Thanks you for your support. Respectonomy will continue with the development of its social network |
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Like I said on page 27, I was the second to invest 0.377 btc. I really hope to get my money back.
Please, if you are not a scam project, prove it by sending my money back. Thanks...
Don't worry if you sent them to the escrow address your money is safe, escrows will give it back to you. Are you sure the Escrow agreement, there so many ways to get around Escrow now, Ascendancy team did it. I'm still undecided about this project being a scam or not but them not showing their identity gives me a lot to ponder Going around the escrow will not help us in anyway. We want this network to become a reality. Cheating and scamming is not the way to being successful. |
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This thread should be locked since this is already obvious for Scamming people.
We have explained this multiple times. We are not here to scam anyone. ICO funds are not under our control. It will be released in parts as and when milestones are achieved. We will continue with the development of Respectonomy regardless of the amount raised in the ICO. However, the development schedule will slow down (not stop) due to lack of funds. |
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Like I said on page 27, I was the second to invest 0.377 btc. I really hope to get my money back.
Please, if you are not a scam project, prove it by sending my money back. Thanks...
Your investment is safe and is under the control of Dabs and SebastianJu. If a refund is initiated, you will get your money back |
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Crowdsale of Respectonomy still running and this isn't over.
So...how about bounty hunters, the participants will be received reward from campaign?
Yes. All participants of the campaign will receive their due rewards Great! We will support and promoted via social media and other forum. As we all know, a lot of people here who are less interested with Respectonomy project We appreciate your support |
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How decentralised is Respectonomy, It seems the team has disappeared from this forum.
Has been a week of starting Respectonomy Crowdsale nothing news update from the team,  The Respectonomy project is Fix scam? Being a small team we took some time off for the development. We are still alive and so is the project. I hope nobody here invested into the project, this may be goodbye to your Bitcoin
We have no access to the ICO funds. They are under the control of Dabs and SebastianJu. Respectonomy or its team have will not receive any of the funds until both of them release it. So it’s pretty safe to say that the bitcoins of those who have invested are safe. |
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at the moment that is almost $11 USD worth of bitcoin! why in the world would anyone spend that amount of cold hard cash for this project?
Our website and our whitepaper has detailed explanation of our project. |
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Hi @tbolt256,
I want to join the Respectonomy twitter campaign, is still available now?
Thanks!
Yes it is still available. The signup link is available in the OP |
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**** SIGNATURES UPDATED **** |
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Let's get things clear once and for all.
1. The developers are new to the cryptocurrency world and not coding in general. You can quote all the previous posts on this forum but it won't change the truth.
2. Our advisors are experienced in blockchain development and are guiding us in this project. The whitepaper has been written with their help but due to their wish to stay anonymous, their names have been excluded.
3. Respectonomy is in no way like Ascendancy. To avoid any notions of scamming investors through the ICO, all funds are under the control of Dabs and SebastianJu who are the escrow for Respectonomy ICO.
Respectonomy team has no way of accessing these funds until Dabs and/or Sebastian release them.
4. If the minimum target of 100 BTC is not achieved, Dabs and Sebastian will refund all the funds collected. The funds collected from the ICO will NOT BE released unless the pre decided milestones are achieved. As and when the milestones are achieved, the funds will be released in parts. The full amount can only be obtained once the entire project is completed.
5. A total of 5 million tokens will be pre-mined. 4 million in the ICO and 1 million, previously reserved as developer's fund, for bounties, campaigns and bonuses.
Technology behind Respectonomy:
- Respectonomy will be a decentralized social network that runs in the browser.
- Content creators will earn RES from their followers who download and read their content. Others can rehost the content and get paid for it.
- To avoid spam, trolling and advertisements each activity on the network will require some RES.
- Respectonomy will be a pool that users can connect to mine. Everytime a user connects to the network, they will mine for RES and can earn RES just by running the platform.
RES is based on Bitcoin and will have a traditional proof of work blockchain to determine fair distribution of the tokens. Mining of tokens can be done via the browser by running the platform or through a mining software.
More details in the Whitepaper
For those who think we are scammers:
We understand that this forum is a place that is used by a lot of people. Some have turned out to be scammers. Everyone has a right to know in what they are investing their hard earned money. Some people here, have made it their mission to call out the scammers and we completely support you. However, that being said,we DO NOT intend to scam anyone. We are here to create something new and to build trust and reputation. We appeal to the community to give us a chance to prove ourselves in this project.
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The reason for our anonymity is due to the fact that the government of our country has no defined laws for crowdsales and could at any time declare it illegal. Disclosing our real identity puts us at risk. We are not scammers and we are not here to scam the community. We are developers of Respectonomy. We are being advised by experienced blockchain developers who wish to stay anonymous for the above mentioned reasons. Yes, we have asked questions on this forum that may not be of the level of an experienced developer, because we are not. We are amateurs. Our advisors encouraged us to use this forum to get acquainted with it and learn how it works. We are extremely grateful to those who have helped us newbies without any prejudice.
Our main reason to use a well-known escrow service is so that people on this forum and other investors will not be cheated or scammed out of their hard earned money. There may have been ICOs in the past which have scammed even the escrows, but in our case we do not have any intention of doing so. All ICO funds are under the control of Dabs and SebastianJu. The funds will only be released as per pre-set milestones, thus safeguarding investors' money.
We are here to create something that will change the way social networks are defined. A way to share thoughts and data without fear of censorship. We are not here to force anyone to part with their money, but if you do find our project interesting and would want to see it become a reality, we would appreciate your investment.
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I made an investment of 0.5 bitcoins into this. I made the deposit about 3 hours ago and the transaction has 17 confirmations and I still have not received my tokens yet. Here's the transaction details from the blockchain: https://blockchain.info/address/1GQQJ2BLiXeo7sWMJNLFVW9DU6CAiVArve Can anyone else confirm whether they've had a similar problem? We are currently looking into the matter. We will keep you updated |
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TBolt256, I would like to invest but need some alleviation of concerns to reasonably risk it. Please answer the following question:
Considering that an ICO scam just ended (Ascendancy) taking advantage of time-delayed forwarding from a non-escrow address to an escrow address, why not have investors instead send their bitcoins directly to an escrow address? The latter is definitely possible, and I have seen it on some other ICOs.
Escrows are not magic, as nothing prevents just releasing a generic clone coin to technically satisfy an escrow and then disappearing without further development. However, an identical escrow loophole to the Ascendancy scam only raises concerns further.
Respectonomy does have an interesting concept and a far better whitepaper than Ascendancy, but, like Gleb Gamow has pointed out (with some legitimate points beneath the humor and sarcasm), there are some serious red flags.
Your concern has already been addressed by Dabs, the guy who's handling the escrow. All the non-escrow addresses that are available will be under the control of Dabs and no member of the Respectonomy team will have any access to the coins until Dabs and/or SebastianJu release it. for your reference, Dabs' message - In light of the recent developments in this thread, I offer the devs full escrow services using a list of deposit addresses all under escrow with me, Dabs, for no additional charge. This is what I have done with other coins.
All the devs have to do is import those addresses into their ICO website, and I will take care of forwarding the coins on a daily basis to the multi-signature address.
This should remove any doubts about the escrows, both me and SebastianJu as it would shift partial responsibility to me; and my reputation is on the line.
In case a refund will happen, it can happen. In case the coin and social network gets launched, then the devs get paid according to their stated milestones.
As potential investors, it is your responsibility to check that the deposit address you are going to send your BTC into is in my list, which I will publish a few hours before the ICO begins.
If you do this, the RES devs do not hold the coins until they can deliver their project.
I have already sent a PM to the main dev the full list. There are 2000 (two thousand) addresses, more than enough to get started. Either me or SebastianJu can add more later if required.
Dabs
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This time ICO didn't know what would happen?
Your question is unclear. What are you trying to say/ask? |
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