Well, you managed to invest on bitcointalk while it's long known how to invest safely with proof. You didn't do it. Then when investing you did not even read how to safely invest. It was also provided. Then when you were there with empty hands you provided the most weak form of proof (which in fact is no real proof at all) and await that I send you the coins instantly? Now you even started to threaten my children. Because of what? Because you did not want to care what to do when you gave your coins away? And then not even working with me together when there was only one other chance left to speed up your refund? I wonder if gourl allows to send coins from an old address you used once. If yes then this would have been another solution but you preferred to insult me and stopped working together.

Well, what should I say anymore.

So you found out things against this ICO before we accepted escrowing or are you only playing high after others found doubts for you?

Don't invest when in doubt. That's what I had to learn the hard way. Believe me I lost a lot when I came into the community. That's why I became an escrow after many requested me for escrows.

Everyone should be clear that when you give your coins away then you lost them. If you are lucky you will get them back. If you are way more lucky you will get more than that back. If an escrow is involved then the chance to get the biggest part of your investment back is very high.

We escrows need the help of the community when it comes to find out if a project is legit. We escrows can create rules for the ICO that lower the chance for a scam happening. The highest an escrow is do is the refund. Well, of course someone can play lotto by taking part in a not escrowed ICO. Maybe the luck is with that one. Being scammed is A LOT easier though that way.

Regarding OPAIR. I don't know why such stupid lie is repeated. I was requested by the community after OPAIR started without escrow. Surprise... a lot already had invested. I knew more would invest for sure. So I agreed to escrow for the remaining time. I requested the funds of the first part but the issuer negated. So I had to let the community know that I can only escrow the second part.

Well, it came as it came... the issuer did not really provide what he should have provided. And I offered refund. A lot asked for refund but surprisingly man did not want a refund or even asked me to release his coins so they can get the OPAIR.

So where was I tricked? The issuer did not give the funds from the first part into the escrow address. But everyone who wanted a refund for the second part of the ICO received his refund. I do not see the trick you mention. The highest level of refund is where the investors decide on what to do with their own funds. Exactly that happened.

You stopped answering me and working with me together. So of course you need to wait with the very weak proof you provided.

I hope you will learn to care about your bitcoins and learn to read the rules. It would have been so easy if you would have cared. And most important try to understand what an escrow is. You clearly do not understand it yet.

Dev did not react in any way to me also anymore after his post here. Not sure what to think about this.

Man, you have a startup here and you think it was a good idea to handle it that way? You have here a community. Why couldn't you simply get in communication with the community? Get opinions together. I'm not sure why you had to do it this way in such early stages.

My opinion on that... you want a payservice. It will be with legal compliance. And there simply is no need for another payservice in my opinion. Also I'm not sure how you want to switch from this state here to doxxing you and explaining that you now will go the legal route, coming from where you are. Hope you see what I mean.

Also, how should this be done? Sharing of name, domain and users surely is not possible so you would probably have to start from the ground again. Well, the codebase is yours from here of course but still. A payservice needs another level of marketing to attract users.

All in all you really would have done wise to communicate instead forcing your will into it. Unfortunately the goals of PureVidz were not so clear in this point but it started as it started when people invested.

Well, your action brought a small earthquake and I wish you would have acted more calm. Besides that I wonder who is the code genius of the former team. Till now the development of purevidz was nice and I wished it would move on that way. Hope you guys still can work together. In any case the potential of what purevidz was is definitely there so to grow big if not huge.

Just my opinion after reading your post. Don't take it wrongly, I like to say what I think.

Dabs already offered a solution for the current problem. In case someone wants to invest please see the investment address the issuer offers to you and then check it against the list of addresses Dabs offered. If you sent coins to this address then these coins are in a safe address held by Dabs. Then forwarded to the multisig escrow address.

Before investing you need to make sure if the release rules of the ICO are fine for you.

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.

---

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.

---

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.

---

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://bitcointalk.org/index.php?topic=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.

---

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?

---

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#####

What the fuck do you write here?   Spamming me? I sent every investor an email when I started. You did not send me the list of the investor names on bitcointalk when I asked you on the 25th about it, nor did you answer my second question.

I made a post here about refund. Some investors contacted me, some, for some reason became loud in the thread because they did not receive a refund... well they did not contact me. Then two contacted me and I started a conversation of course. I explicitly explained to answer me by clicking on "reply to all" or "quote" instead on "reply" because all previous conversation is killed otherwise. Which makes it practically impossible on this forum to follow a lot of conversations that I have at the same time. Which takes time again.

Then of course the usual things happen. People did not read about the rules that were clear from the start. I have to explain every possible solution. And I do despite the time it takes.

I'm not sure what you blame me now when investors did not contact me nor you followed what was negotiated, I hope I do not need to explain what I mean. Besides those that behaved normally already received their refund. Screenshots are no real proof, a waiting time of at least 2 weeks are bound to it. But at the minimum I need investors to work with me. Some investors did not even contact me yet. And I can't contact them besides what I already did with the email.

I am responsible to the real investors. That is by default the person that brings in proof. Not a person who claims a tx. I could have claimed all the transactions from this ICO if a tx would be sufficient. It is no proof at all. I simply can't refund to a random user just because he pushes or spams me nor because one of the parties involved tells me that this is the user who invested. It is about proof in some form. Which would potentially mean funds being stolen from the real investor when I would follow that route.

This could have gone way more smooth when working together. I'm not happy about this post.

Edit: And yes... you should have sent them to me simply. It's not your task to push or blame me, you need to help me with infos you have to contact the users. So that they can provide proof to me then.

Edit 2: Also, am I right that 0.04b are missing because of the way you collected coins? Can you tell me where they went? It doesn't look like it was used as transaction fee.

One of the escrows here. I'm happy to see things are going straight forward and I like to see that the devs are actively developing the site so the next 25% for the next milesteps were released to the issuer.

Just as a side-note. I personally highly back up having subtitles added for several languages because I hate, and I mean hate, movies where scenes are cut out. A person is dead suddenly and no one saw what happened. This is unbelievably annoying so I personally like to see movies in original with subtitles. Not the best to learn other languages but still better than being annoyed by cut-out scenes.

I'm eager to see how this develops and I like to see devs being dedicated.

You realize that the last answer in this thread was three years ago? 

And no, software can not really solve things.

I'm glad to hear that you will implement something I suggested also.

Can you check my email? I know it was a stupidly low amount but still I wouldn't like to lose it.

Not everyone claimed his refund yet. You would not believe how many weeks (months) some investors doesn't care about their money. 

Everyone needs to contact me by pm.

I asked for a minimum to invest because it makes no sense. Every transaction of such an investment costs a big amount of the investment, each investment makes work to be handled and at the end it is pretty useless to invest lower than that anywhere. I mean what should be gained from such investment? 1$?

I know many scam ico's start nowadays. That is why I negate escrowing a lot of them. Of course I never can tell that an ICO is fully safe. Though we escrows can provide a bit of safety. We will see what the devs deliver at the end of the ICO. There will be 7 days to see how this project looks then.

If you have proof of some scam now then please let us escrows know the details.

It's more like when someone shows me his id to proof his identity I would like to see if he manipulated the image.

Though I just have read when a fotos is taken of the changed image then it doesn't matter anymore, no edit can be found.

Sounds like it can't be really proved.

Kannst du genauer sein wie das funktioniert? Hat man dann nicht direkte Zahlungskanäle sondern jeweils Zahlungskanäle zum Hub und die rechnen dann, ähnlich wie bei ripple, die Schulden verschiedener User gegen?

Mal angenommen, jemand bekommt einen Bitcoin für eine Signaturkampagne. Den will er jetzt auf einem Exchange verkaufen. Kann LN da eine Rolle spielen?

Bezüglich Hub, klingt nach Zentralisation da je größer der Hub desto effektiver? Oder teilen die sich irgendwie die Verknüpfungen mit allen andereren Hubs? (Ich stell lieber dumme Fragen anstatt es aus falschem Stolz zu unterlassen. )

Hi guys, please everyone send me a pm on bitcointalk when you want me to do an escrow. A message here or an email can take long until I see it. PM is the fastest way to reach me as of now.

Edit: I just added my slack channel to my profile. When you see me online then please don't hesitate to contact me on there.

I have to remind every investor to send the investment with satoshies added, like I mentioned in my escrow post and like it should be mentioned in the ico-account when investing.

Please be always cautious since being able to proof that an investment was sent by you is worth much.

What are you speaking about? I did not receive escrow? I do not know what you mean. I also sent an email to everyone I was told invested and I told everyone also that I only react on bitcointalk pm's, not on emails.

Just wanted to clear this point. I took over escrow for OPAIR after investors demanded an escrow. I did so mostly because the project looked a bit strange to me also. Which would normally leads to me not accepting a new escrow request. Though in hope that I can bring safety to the investors who already invested I still did it. I asked for the coins from the first part to be moved to me, which was negated. I informed everyone about that I can only escrow coins invested starting from that point.

When it came to trust issues that were severe I decided to offer a refund to everyone who invested into OPAIR in the second round. Everyone should have been aware by then that this is a big step. Even though many asked and received their refund, many still believed in the project and even asked me to release their coins to the issuer. So at the end I am an escrow. An independent third party, which means I have to respect the wished of those who owns the coins. Which in this case were the investors. Investors decided on what to do and the same way I am, as an independent party, can not decide that I will refund everyone when there were alot of people that believed in the project and wanted the coins to be forwarded. It's more work for me for sure but I still did so. So every investor could decide what they want to do. And I only followed the wishes of those whose money that was.

I personally would have not invested into OPAIR since I am in the community since a longer time and the rule I came up is pretty simple. When in doubt NEVER invest. It's way too easy to lose all of your money just for the hope of 10 or 20% additional profit after months of waiting time.

The maximum an escrow can do is offering refund. That's what happened.

In this case there are no milestones. Though an app will be released and there is the 7 days waiting period. If there are serious problems coming up then a refund would have to happen. You would have to bring these things up then.

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

The address is the direct deposit address. However, I will only check who is the investor in case of refund. So when you want to send coins then take care of the proof the dev awaits from you for invested sent coins sent by you. He will ask you for the tx when you invested in your Pro Coin ICO account. Send him a pm if unsure. He will handle the payout of the PRO Coins at the end.
***********
I will escrow the ICO with a multisig address 2 of 3. The keys are held by Dabs, Patriarch and myself
***********

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

---

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.

---

Safety from Escrow

Development for one app is currently happening, and funding is coming solely from the issuer. This app will be ready BEFORE ICO funds are released to the issuer.

www.procommerce.io has the TeamBio.
They will do an interview with Coininterview, and work on a couple more.
These will be Live hangouts on Youtube or Google Hangout.

***************
Once the Wallet and the PRO 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 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.

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

---

Escrow Address

This is a 2 of 3 multisig address where the keys are held by Dabs, Patriarch and myself. This secures the ico funds even more because more people have to agree to a refund.
***********
The escrow address is:
Don't send to a quoted escrow address. ALWAYS only check out my post directly and send to that address! And please check regularly if the escrow link or address was changed in the first post of thread. Inform me fast by pm, post in the thread about it and give red trust if possible to warn others fast then. If you sent me a pm then I will know about it and can act by giving red trust to the issuer to prevent damage.

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.

---

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://bitcointalk.org/index.php?topic=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.

---

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?

---

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: