Hi XXX
just to let you know we are not in any way affiliated with the above website.Many thanks for bringing this to our attention,
we have our own website with our watches and do not accept cryptocurrency.
regards
robinsons

So, if I understand it correctly, you are asking for a ~$87,000 loan in exchange of 10 digital copies of some jpegs as collateral ?

Good luck team, Coinmarketcap says RISE has risen up 28% and price is now $0.01.

Has our rise being sent to the online wallet still safe? I believe I have sent thousands there to store. If its still there, I think I would be harvesting thousands of USD once the team will have success. Lisk somehow is already going there.  

I bought few ICN for around 40k sat and thought during buyback the price may go further high but it has come down below my expectation...

sad with my investment

It's not a rumor. The Rise dev fund is currently in a Bittrex account and being moved to a permanent Rise wallet address for everyone to monitor. Rise address will be published here.

do these '10 investors' need to be citizens of USA???

- The "Get started" button on the mainpage directly leads you to the rise application form
- After filling out all mandatory fields you can directly login into your account. There is not even an email verification implemented
- On the profiles you will find a button with the label "Invest". The click on the button will return a "BTC investment Address"
- The form part "Your Investement" shows you the label "Invested BTC"
- On the lower part of the page you will find a transaction overview which first column is named "Investor"

Nowhere during the application process i was asked to confirm any terms of use. Nowhere during the application process i was informed that my "Investment" is not refundable. I did not recieve a confirmation mail with the details of my profile setup. At no time during the application process i was forwarded to an information which could have lead me to the conclusion that my investment is actually a donation.

Development Update:

We have a fairly big announcement. We have been fucked by Justin, the project is dead, we will continue ripping you off by putting the rest of your investments into some shady casino business. Stay tuned for further losses.

Rem

Hi

Rise has begun very ambitious.
Can someone give me a short review of the current status because I have not read for a long time here.

s0nix

I rarely go on here, but let me provide some more information that are relevant to your concerns.

I absolutely understand that a system as radically new as IOTA, especially with the properties that we advertise, raises a lot of questions and concerns. I agree that so far we have done a bad job at writing better technical specs, blog posts on how IOTA actually works, why it's secure and sybil resistant. But your comments on IOTA being a scam and the core devs running away with the money couldn't be further from the truth, and exactly such subjective and opinionated comments like yours cause anger and frustration to those people that have been working on this project non-stop for the past 18 months.

Therefore, when posting, you have to keep a few things in mind:

• We did not raise some >$10m like other crypto projects in this space, and deliberately so, simply because for us it was (and still is) of utmost importance to make sure that the tech actually works flawlessly. Because we didn't raise so much money, we had to run a very lean operation when it comes to core development, ecosystem support and general marketing / events push. I would say we have done a pretty good job so far with the resources we had and unlike other projects, we did not waste money on unnecessary expenses (fuck, many of the core members have paid for stuff themselves).
  
• We are not on exchanges and have withheld exchanges for the past 3 months. If IOTA were a quick pump and run we would have gone on exchanges, hype the project with nonsensical and false news and then cash out. But as you might know by now, everybody in core is in this for the long run as we see a real need for IOTA in this huge ecosystem that will be the Machine Economy. Before we go on exchanges and expose IOTA to more people, we want to make sure that things are right. In fact our second security review is already close to conclusion. Once we have reached a high enough confidence level we will start working with exchanges on the listing.
  
• We are still a small team, and it's difficult to find time to write, blog and socialize. When there's so much work to do in talking with our corporate partners, setting up the foundation, coordinating the development and current Proof of Concepts that we're running, there is little time left for writing blog posts. This year I took some ~45 flights (all paid with my own money FYI) to go to conferences / meetups / meetings, and it's difficult to find the time to write when you're not in the zone. In total, there are currently only some ~5 people who would fit the criteria of being able to write proper blog posts about IOTA, and everyone of them is currently super busy and focused on different tasks. Writing more blog posts about IOTA is high on my todo list and I hope that we can couple these together with more material (such as our stress test, simulations of different attack scenarios and overall technical review).
  

Now when it comes to security concerns, flaws or attacks: we are always open to hear from you! We are more than happy to work with you to see if it's a confirmed flaw in the protocol and then pay you for reporting this issue (usually we pay some >$10k for serious flaws) - we have already done so for bugs found in the libraries and the wallets (https://medium.com/iotatangle/bug-bounty-earn-iotas-testing-57e048835d44#.pigpfrogb). If you want to be taken serious by the community, I suggest you to go this route. Feel free to reach out to me.

  Thanks for the cheap RISE!  

Looking at the chart it doesn't appear you even had that much to begin with, maybe 220K Rise max. Price trend of Rise has been going up in the last few months, you would have been better off holding.