[ANN] [R3D] NEW UPDATES COMING SOON

[ihascryptos]

The developer had some time to talk to me about the project. Lets say i am cautiously optimistic about it. I neither back or completely reject the idea of this coin. I told him what the community would like to see some working hard evidence and other items pre-launch and if he comes through i will gladly support the project. Ball is in your court dev.

[ihascryptos]

do you see why google caved in they said they would not remove web sites but now changed there minds
because if they carried on they would of been shut down by the government plus fined to the high hilt
you need to be able to remove content some how or you will be paying fines for the rest of your life

Well the issue with that is that google is also not open sourced. a physical entity owns and is tied to the service they provide. if R3D launches i assume it will be open sourced. and anyone will be able to work on it. the ICO money being used to pay developers to be able to continue to work on this project. and just like ethereum im sure some of the funds will be used to represent themselves further in crypto. and gain interest from the community, more like ethereum had in the beginning.

What your suggesting is that the dev will be physically tied to this project after it is launched. but after it is launched it will be unstoppable in the way that you would have to takedown every node on the network. not just the developer for creating the project.

Good luck with another fantastic project guys, I hope to see the ICO reach its minimum. and will be doing a small amount of buying myself to test out the system when its released.

to the devs don.t say who you are because your in for a shit storm in the future
best to keep yourself annom

You shouldn't have to be anon if you have a legit project. Shows responsibility for project.

[popcorn1]

do you see why google caved in they said they would not remove web sites but now changed there minds
because if they carried on they would of been shut down by the government plus fined to the high hilt
you need to be able to remove content some how or you will be paying fines for the rest of your life

Well the issue with that is that google is also not open sourced. a physical entity owns and is tied to the service they provide. if R3D launches i assume it will be open sourced. and anyone will be able to work on it. the ICO money being used to pay developers to be able to continue to work on this project. and just like ethereum im sure some of the funds will be used to represent themselves further in crypto. and gain interest from the community, more like ethereum had in the beginning.

What your suggesting is that the dev will be physically tied to this project after it is launched. but after it is launched it will be unstoppable in the way that you would have to takedown every node on the network. not just the developer for creating the project.

Good luck with another fantastic project guys, I hope to see the ICO reach its minimum. and will be doing a small amount of buying myself to test out the system when its released.

to the devs don.t say who you are because your in for a shit storm in the future
best to keep yourself annom

You shouldn't have to be anon if you have a legit project. Shows responsibility for project.

so if i cannot remove the content from R3D then i sue the devs of this coin
catch 22

[kitaco]

Good luck Stoner19 

[Ltsknnr]

Imagine if you will spending an hour detailing your thoughts on a cause you believe in only to find out not but a half hour later, the site administrator has removed your content.  Imagine as a site owner, your web host has removed your content due to a violation of their terms and your faithful followers are now left homeless along with all of their content removed.  Do you have recent backups?  Do you have backups at all?  How much was lost due to the ruling of a pseudo-iron fist?

Is this right

so what happens if i make a porno with my girlfriend only for me and my girlfriend to watch
but as time goes on she cheats on me i get pissed off and show it all over R3D how will you remove it
she could go to police but i could say its not me that put it there
now how do i remove it from the blockchain
 i shall tell you how i will take you to court and the creator of R3D will have to shut it down or pay a heavy fine and i mean heavy so much you will kill yourself
 by not being able to remove the content its flawed very dangerous

I would almost guarantee this is one of the reasons devs want to remain anonymous. You can't remove content from R3D...that's kinda the point.

It creates a new paradigm and dynamic that we haven't seen since copyright laws came into effect.

[infernoman]

do you see why google caved in they said they would not remove web sites but now changed there minds
because if they carried on they would of been shut down by the government plus fined to the high hilt
you need to be able to remove content some how or you will be paying fines for the rest of your life

Well the issue with that is that google is also not open sourced. a physical entity owns and is tied to the service they provide. if R3D launches i assume it will be open sourced. and anyone will be able to work on it. the ICO money being used to pay developers to be able to continue to work on this project. and just like ethereum im sure some of the funds will be used to represent themselves further in crypto. and gain interest from the community, more like ethereum had in the beginning.

What your suggesting is that the dev will be physically tied to this project after it is launched. but after it is launched it will be unstoppable in the way that you would have to takedown every node on the network. not just the developer for creating the project.

Good luck with another fantastic project guys, I hope to see the ICO reach its minimum. and will be doing a small amount of buying myself to test out the system when its released.

to the devs don.t say who you are because your in for a shit storm in the future
best to keep yourself annom

You shouldn't have to be anon if you have a legit project. Shows responsibility for project.

so if i cannot remove the content from R3D then i sue the devs of this coin
catch 22

lol but YOU put it there with your own consent see where im getting at? like i said. if you port a link to a porn video of your girlfriend and you as "revenge porn" then you will be at risk for uploading that to the internet. as R3D will NOT host videos or pictures. but only the plain text version. YOU will have to remove this from the site it is being hosted on then it would no longer be on the blockchain because the link would be invalid.

[popcorn1]

do you see why google caved in they said they would not remove web sites but now changed there minds
because if they carried on they would of been shut down by the government plus fined to the high hilt
you need to be able to remove content some how or you will be paying fines for the rest of your life

Well the issue with that is that google is also not open sourced. a physical entity owns and is tied to the service they provide. if R3D launches i assume it will be open sourced. and anyone will be able to work on it. the ICO money being used to pay developers to be able to continue to work on this project. and just like ethereum im sure some of the funds will be used to represent themselves further in crypto. and gain interest from the community, more like ethereum had in the beginning.

What your suggesting is that the dev will be physically tied to this project after it is launched. but after it is launched it will be unstoppable in the way that you would have to takedown every node on the network. not just the developer for creating the project.

Good luck with another fantastic project guys, I hope to see the ICO reach its minimum. and will be doing a small amount of buying myself to test out the system when its released.

to the devs don.t say who you are because your in for a shit storm in the future
best to keep yourself annom

You shouldn't have to be anon if you have a legit project. Shows responsibility for project.

so if i cannot remove the content from R3D then i sue the devs of this coin
catch 22

lol but YOU put it there with your own consent see where im getting at? like i said. if you port a link to a porn video of your girlfriend and you as "revenge porn" then you will be at risk for uploading that to the internet. as R3D will NOT host videos or pictures. but only the plain text version. YOU will have to remove this from the site it is being hosted on then it would no longer be on the blockchain because the link would be invalid.

i with you now so its just text
so why does it say you can do anything you can do on the net on R3D i watch youtube so you cannot do this on the blockchain no videos
so how do you catch me if i up load a bad picture to the net of a pay as you go phone

[kevin1234a]

took me a while to read and understand first post and having such a knowledge and expertise in this whole thread is amazing. i have few basic questions which i couldn't understand

So we are talking about creating a clones for all well renowned social media platforms; what is the timeline we are looking; for them to get well established and who will be taking care of this whole system. like if i submit a site than what assurity i'll have that site will not going down etc.....
if user has to pay R3D (fee) for each post /sharing/ site etc..... to the networks than what ICO buyers will get? else they are refereed as miners!!!

[infernoman]

do you see why google caved in they said they would not remove web sites but now changed there minds
because if they carried on they would of been shut down by the government plus fined to the high hilt
you need to be able to remove content some how or you will be paying fines for the rest of your life

Well the issue with that is that google is also not open sourced. a physical entity owns and is tied to the service they provide. if R3D launches i assume it will be open sourced. and anyone will be able to work on it. the ICO money being used to pay developers to be able to continue to work on this project. and just like ethereum im sure some of the funds will be used to represent themselves further in crypto. and gain interest from the community, more like ethereum had in the beginning.

What your suggesting is that the dev will be physically tied to this project after it is launched. but after it is launched it will be unstoppable in the way that you would have to takedown every node on the network. not just the developer for creating the project.

Good luck with another fantastic project guys, I hope to see the ICO reach its minimum. and will be doing a small amount of buying myself to test out the system when its released.

to the devs don.t say who you are because your in for a shit storm in the future
best to keep yourself annom

You shouldn't have to be anon if you have a legit project. Shows responsibility for project.

so if i cannot remove the content from R3D then i sue the devs of this coin
catch 22

lol but YOU put it there with your own consent see where im getting at? like i said. if you port a link to a porn video of your girlfriend and you as "revenge porn" then you will be at risk for uploading that to the internet. as R3D will NOT host videos or pictures. but only the plain text version. YOU will have to remove this from the site it is being hosted on then it would no longer be on the blockchain because the link would be invalid.

i with you now so its just text
so why does it say you can do anything you can do on the net on R3D i watch youtube so you cannot do this on the blockchain no videos
so how do you catch me if i up load a bad picture to the net of a pay as you go phone

well from what i've been reading about the project. you would be integrating r3d into an already working website. what this website would do is pull information from the blockchain and use it however youd like. if someone posts a link the operator of the site could integrate features to automatically iframe this so the picture or video was displayed. and if authorities had some sort of problem with it they could now contact the site it was hosted on ( since its not r3d that hosts the actual picture or video. ) website operators will be able to integrate r3d into an already running website or forum. and the benefits of r3d would be that it would never be lost, and always accessible. so if the forum was shutdown for some reason, it could be promptly brought back online by any user anywhere in the world that has access to it. sort of like pirate bay did the last time they got shut down? there we just hundreds of them popping up everywhere. because it was an opensourced site. this is what it looks like r3d is trying to provide to me.

[chesthing]

Most of the volume on Bittrex these days is fake. The only way to make any money on icos these days is to buy a cheap one that gets pumped, and even then it's a real rarity. (when was the last prior to Circuits? I can't even remember). A bunch of nonsense for a roadmap and a hugely optimistic goal worked a year and a half ago, now? you gotta be kidding. Stupid money is long gone. Even if 600 self bought coins are thrown at it you still won't come close to 800, the mkt cap will be way to high at the start. People left in this game are still here because they can do math.

Maybe people like you who shit on legit projects in favor of doing crowdsale.io pump and dumps are the real problem with this game. You ever read what you post on threads lately? Support legit projects and become part of the solution instead brony.

Name a legit project I've dumped on. It's all shit and scams, alts are total joke right now. That's why this one sticks out, the money they want for what they are offering is an insult to traders' intelligence.
Do you have any fucking idea just how much real money people have lost and continue to lose on this garbage?

Yes I do because they keep putting their money into obvious pump and dumps instead of legit projects like this. You dont get it and thats ok. You are free to continue fuding it is what you are good at. Everyone needs a skill.

I'm an equally good cheerleader, just nothing to cheer about lately.

All these keystrokes are being wasted on this thread. There is NO FUCKING WAY it's going to collect 800 btc in the next 2 weeks.

[popcorn1]

do you see why google caved in they said they would not remove web sites but now changed there minds
because if they carried on they would of been shut down by the government plus fined to the high hilt
you need to be able to remove content some how or you will be paying fines for the rest of your life

Well the issue with that is that google is also not open sourced. a physical entity owns and is tied to the service they provide. if R3D launches i assume it will be open sourced. and anyone will be able to work on it. the ICO money being used to pay developers to be able to continue to work on this project. and just like ethereum im sure some of the funds will be used to represent themselves further in crypto. and gain interest from the community, more like ethereum had in the beginning.

What your suggesting is that the dev will be physically tied to this project after it is launched. but after it is launched it will be unstoppable in the way that you would have to takedown every node on the network. not just the developer for creating the project.

Good luck with another fantastic project guys, I hope to see the ICO reach its minimum. and will be doing a small amount of buying myself to test out the system when its released.

to the devs don.t say who you are because your in for a shit storm in the future
best to keep yourself annom

You shouldn't have to be anon if you have a legit project. Shows responsibility for project.

so if i cannot remove the content from R3D then i sue the devs of this coin
catch 22

lol but YOU put it there with your own consent see where im getting at? like i said. if you port a link to a porn video of your girlfriend and you as "revenge porn" then you will be at risk for uploading that to the internet. as R3D will NOT host videos or pictures. but only the plain text version. YOU will have to remove this from the site it is being hosted on then it would no longer be on the blockchain because the link would be invalid.

i with you now so its just text
so why does it say you can do anything you can do on the net on R3D i watch youtube so you cannot do this on the blockchain no videos
so how do you catch me if i up load a bad picture to the net of a pay as you go phone

well from what i've been reading about the project. you would be integrating r3d into an already working website. what this website would do is pull information from the blockchain and use it however youd like. if someone posts a link the operator of the site could integrate features to automatically iframe this so the picture or video was displayed. and if authorities had some sort of problem with it they could now contact the site it was hosted on ( since its not r3d that hosts the actual picture or video. ) website operators will be able to integrate r3d into an already running website or forum. and the benefits of r3d would be that it would never be lost, and always accessible. so if the forum was shutdown for some reason, it could be promptly brought back online by any user anywhere in the world that has access to it. sort of like pirate bay did the last time they got shut down? there we just hundreds of them popping up everywhere. because it was an opensourced site. this is what it looks like r3d is trying to provide to me.

same as mashup tv the dev had to quit or he was getting sued because it was his idea mashup tv
SO DEVS KEEP YOURSELF ANON ITS BEST FOR YOU AND YOUR FUTURE.. In and out of court
plus say R3D devs get told to shut down who carrys on with development
SO STAY ANON DEVS just use a community leader for info
maybe that is why btc creator stayed anon in case any problems arose no blame then
OH and sorry but still to expensive tho
you should be saying 100 btc reach not 800 btc but good luck i will be watching and eating my popcorn
to see if you get 800 btc WOW be hard to reach but you never know who is behind the scenes they might be worth millions coz your going to need people like this to reach 800 btc but you never know..

[sofu]

I'm sure this is no scam and they can deliver a good product but 4000/800BTC is to much.

We are in an altcoin depression/deflation and BTC will rally soon. It will be hard to meet the ICO Terms

I'll better hodl my BTC now but much luck to stoner

[twoturtles]

took me a while to read and understand first post and having such a knowledge and expertise in this whole thread is amazing. i have few basic questions which i couldn't understand

So we are talking about creating a clones for all well renowned social media platforms; what is the timeline we are looking; for them to get well established and who will be taking care of this whole system. like if i submit a site than what assurity i'll have that site will not going down etc.....
if user has to pay R3D (fee) for each post /sharing/ site etc..... to the networks than what ICO buyers will get? else they are refereed as miners!!!

The way the entire system is based as of right now works as such.  We'll use a real-world example, if you wanted to host a crypto-related forum such as bitcointalk (mind you this is live from the development environment and actual data on the test network:

This demonstrates use of the RPC call:

red@daemon:~$ r3d createsite
error: {"code":-1,"message":"createsite <site name e.g.: MyBlog> <category> <description> <password>"}

Once you provide the proper details, two things happen:

1) You're provided with your site ID which is what you would post for example on your blog if you wanted others to subscribe/post/etc
2) You're automatically subscribed yourself to your own site.

red@daemon:~$ r3d createsite bitcointalk 'Crypto Discussion' 'This is the bitcointalk forum on the r3d network.  Feel free to participate and enjoy.' mypassword
[
    "siteid",
    "4d81cdfa4adcc072"
]

Now because of the fact it's your own site and the password is associated with it, you can pull the site details (everything is available as valid JSON, which makes it very easy to develop for and incorporate into a site feed for example, which later this week I'll demonstrate exact use of that as well).  This is output from the 'siteinfo' command:

red@daemon:~$ r3d siteinfo 4d81cdfa4adcc072
{
    "siteid" : "4d81cdfa4adcc072",
    "sitename" : "bitcointalk",
    "category" : "Crypto Discussion",
    "description" : "This is the bitcointalk forum on the r3d network.  Feel free to participate and enjoy."
}

Now let's unsubscribe from this site and try to read the data:

red@daemon:~$ r3d unsubscribe 4d81cdfa4adcc072
true

With that being said, let's try to pull site information now that we're not subscribed, and don't have the passphrase to view this content:

red@daemon:~$ r3d siteinfo 4d81cdfa4adcc072
error: {"code":-1,"message":"You must first be subscribed to this site, and have the password."}

So let's subscribe now, with a password guessed:

red@daemon:~$ r3d subscribe 4d81cdfa4adcc072 guessattempt
true

Now let's try to view that info:

$ r3d siteinfo 4d81cdfa4adcc072
error: {"code":-1,"message":"Incorrect passphrase.  Please verify and/or update your passphrase and try again."}

Let's get a user's reputation:

$ r3d getreputation twoturtles
{
    "positive" : 3,
    "negative" : 1
}

Now let's give that user a positive reputation point:

red@daemon:~$ r3d vote giverep twoturtles
true


$ r3d getreputation twoturtles
{
    "positive" : 4,
    "negative" : 1
}


This is all propagated throughout the network, so while you're reading in your client or someone's implementation - you see the same data as I do.
A complete explanation of all of the commands and use of r3d will most certainly be made available and as easy to follow as possible for everyone.  I know the focus of the client is to be as user-friendly as possible while remaining just as functional.

The fee in place for creating a site as above is one-time of 3500 r3d.  Those fees would be sent back into the network for any miners supporting the network.  To clarify a bit further, there is a limit to the amount of r3d in circulation and it's constantly recycled.  Usage creates fees, fees are sent to miners, the chain is active and allows continued use.  As far as for traders, this wasn't designed with trading in mind this was designed with actual *use* in mind.  The price point of 0.00000100 was considered as an affordable point in the range between the lowest network fee, to the mid-level fees (reputation points, upvoting/downvoting, and then comments and posting).  What the ICO buyers could potentially use r3d for could be whatever creative approach they used to leverage r3d as a tradeoff for example for a faucet, contests, creative marketing, etc.  I'm not a marketer myself, but I do know that if I didn't have the ability to buy r3d but wanted to use the network I'd visit one of the available options.  I'm more on the technical side of the logistics and transport, not trade or advertising or design and so forth. In terms of a timeline, the core is nearly complete and I suspect the first client as described in the announcement will be ready by the end of the CFC.  The task of handling the frontend isn't mine so I can't speak too much on the subject.  Updates will be released throughout as they're given to me or I have my own to provide.  I hope this helps explain a bit more clearly.

     Best regards,

syntaks

[ObscureBean]

Interesting idea but how difficult/easy will it be for people to integrate this into their existing blogs/websites? I think people would be more inclined to invest in your project if you had the support of well-known sites/blogs right from the start with guaranteed integration once launched.
The other thing I'm concerned about (something which I think is a very real barrier to mass adoption for any coin) is the fact that regular users(non-crypto users) will have to download and install a client to take advantage of this feature. Generally, you'll find very few people willing to install new software without strong incentive. Ideally you'd require no effort/work whatsoever from regular users. So that the next time a user logs into his favorite site, he already has an R3D address linked to his account and he can start earning immediately, withdraw or deposit.
Anyways good luck with your project, this is certainly something that could work if done right.

[twoturtles]

Interesting idea but how difficult/easy will it be for people to integrate this into their existing blogs/websites? I think people would be more inclined to invest in your project if you had the support of well-known sites/blogs right from the start with guaranteed integration once launched.
The other thing I'm concerned about (something which I think is a very real barrier to mass adoption for any coin) is the fact that regular users(non-crypto users) will have to download and install a client to take advantage of this feature. Generally, you'll find very few people willing to install new software without strong incentive. Ideally you'd require no effort/work whatsoever from regular users. So that the next time a user logs into his favorite site, he already has an R3D address linked to his account and he can start earning immediately, withdraw or deposit.
Anyways good luck with your project, this is certainly something that could work if done right.

Further development post-CFC will be done for modules to make this happen.  That's what the team is looking for in terms of expansion beyond the initial client and abilities.  Folks that have the ability (I do have this ability but my tasks for r3d are specific and require my attention) can create wordpress modules easily that integrate the frontend for example to create a system where users can create their own accounts on the network, post onto it, and so forth all through their front end as long as their wallet had the funds to support those actions.  A typical use for something like that could go as follows:

The site owner has 1,000,000 r3d (is the reason the price point is so low clear here?) and wants to offer his audience an ever-ready, always-up medium for not only storing their feedback and posts but also an unbreakable source for reading and interaction with the rest of the community.

A module written could send that registration through the blockchain, assign the user 20k r3d in the backend, and allow them to post freely on the site or vote for folks, comment, etc.  When the site's loaded, the content for it is pulled through RPC and exported as JSON.  How you style the data is completely up to you of course, it's just readily available.

Now let's say you wanted to pull another site's news and display it as a sidebar.  It's a simple matter of subscribing to that site, and then telling the JSON reader (many exist for many platforms and even standalone to insert widgets on sites) to pull from the local running r3d.

So now you've got your site and users and everything's great.  You have a hard drive failure with limited or no backups.  Now your users are frustrated, some might understand but they also might not trust the integrity of the site moving forward.  What do you do?

You set up your new drive, whatever webserver software you prefer, pull the JSON feed for your site and rebuild your backend based on the values in that feed.  For example a post will contain the author's name in it.  You could quickly rebuild your site and backend userbase with no lost data because it's all on the blockchain.  This takes some programming knowledge which is what additional developers would be hired for as the current work is already delegated so that one person isn't wearing too many hats.  Focus on the one task you're assigned and do it right, not to be spread too thin and leave too much margin for error.

     Best regards,

syntaks

[xamido]

And you know what's ironic? Promising a non-removable content and free speech coin in a moderated thread. Talk about hypocrite there. And a bunch of pussy too with being anonymous. Bunch of pussy.

Kudos to syntaks though for opening up that he's one of the developer.

[louiseth1]

I love the ideas of this project, bought some of the ICO myself and looking forward to the launch to mine some more!!

[unusualfacts30]

Hi folks,

     It was nearly exactly a year ago that I posted an announcement about a CFC for a system and was faced with the same responses, scrutiny and reluctance as Jared (Stoner) is now.  I was fortunate enough that those who were familiar with my work or had worked with me spoke up in favor in those times of skepticism.  Ultimately, it was a mixture of those whom had vouched for me as well as some blind yet curious faith that led those uncertain to follow the progress.  Some of you may know me, some not.  Since before that CFC went live and to this day, I've been here and have released several versions of Neos and have continued to support it.  The channel on IRC is consistently filled with folks who can attest to the fact that I live there more or less.  I've been involved in crypto for a few years now, and it's the only work I not only enjoy but have a very strong passion about.  I don't support scams nor get involved with them.  I will however, call a scam out if i realize the community is in harm's way and may or may not realize it.  I'm always upfront and honest to a fault with this community.

Over the course of time, I shifted from developing full-time on Neos into what I've been referred to as a "hired gun", or a contract developer.  I'm approached by many for development work ranging from initial development, to infrastructure and debugging.  If a coin is broken or needs upgrades, a hard fork with economic or network changes - I'll decide if I want to get involved based on the people involved, what I know about the project and people and if I feel it's just a quick cash grab.  This space is filled with enough people losing money on fly-by-night pseudo developers endlessly promising fairy tales.  Jared being a long-time friend, and fanatical Neos supporter and I were talking about the future of Neos a few months ago.  I had mentioned potentially shifting Neos to a PoS base as that was what the community was requesting so I was experimenting with some modifications.  Following that, I was looking for a system that could handle data on the network also - namely for aliases as the current system isn't built into the core.  Namecoin and Syscoin were my go-to's for reference so I began studying the code, and porting it into a stable PoS base to further experiment, spot areas of improvement and see exactly what could possibly be done to produce something new and useful for Neos.  Many projects have attempted to do so, some inefficiently and others with quite a few bugs.  I've been staring at this code for quite some time, the most subtle nuances that a blind eye wouldn't spot definitely have an impact on the end result and that's paramount.

Jared has referred many people to me for development work, and I've always taken it on as his referrals have been legitimate and paid well, and on time.  He approached me roughly a month and a half ago and asked if I could keep a project in the making to myself, and that he'd spoken with those involved prior to asking me if it was alright with them to divulge what they had in mind.  After we discussed the details of it, and I asked who else was involved he told me three of the other developers - and we knew each other.  The other folks involved I only know by alias and from the introduction by Jared.  The first thing discussed when we were all in a chat together was the sensitivity of keeping people's privacy in-tact.  The reason being, several of them aren't crypto devs but one of them is a developer for a known product, one of them in the political arena, and another person an analyst for a financial firm.  The fact is, the nature of this project and what it could potentially represent could be questionable and have a negative impact on their reputations or livelihood.  Me?  I'm just a developer with a passion for crypto who believes in freedom.

With that being said, I was given an initial amount of funds for my role within this project which I'll go into details regarding that shortly.  As much as the details of our arrangement are between us, I'm a pretty wide open book and I'm fine with disclosing the terms.  I've explained to the other folks I stand by what I believe in, and I've voiced my advocacy for freedom many times over publicly and that I wouldn't sit idle while the doubts were "emphatically" expressed.  If it were anything other than legitimate at least in my opinion, you would be seeing a post by me double in length and with even more rationale and facts to back it up.  So in all fairness and in the interest of someone's name and a project that's been worked on with enthusiasm as well as great dedication, I'm writing this.

There's a chicken and an egg situation here.  When the team discussed the terms of the ICO, the minimum required amount was discussed with growth and debt in mind.  The folks involved, including myself, can't afford to turn down work or income while working on another project on a promise alone.  Their arrangements and terms I'm not privy to, nor do I wish to be it's not my business.  However, to have me on board for the duties I'm responsible for myself - it wasn't an exorbitant amount nor was it the most humble.  We all have bills and people to pay and that's just business.  I've voluntarily stepped into the light here, my information is public and when I'm not coding I will answer questions to the best of my ability.

Regarding my responsibilities in this project and the role I play.  The developers at the time I had spoken with Jared were past the planning stage and were just basically outlining the details of the project and goals/milestones and what they'd like to see in the project, out of the project and needed in the project.  I think I can fairly say everyone's feelings towards the rapid censorship, especially as of late are not the fondest.  They had implemented some of their ideas into standard data messaging but they were having issues with a few aspects of it such as size, compression, delivery and basically a usable system that wasn't relying on heavy hash to keep the chain moving, or a PoS system that only urged people to hoard with the intention of profiting later from a) lack of supply in the wild and b) interest-based gains which would then just lead to flooding the market with sell orders.  Their goal and idea behind the system wasn't to price it for traders but aimed more towards something that was actually unique and usable.

So what do you do when PoS isn't a) always stable b) supportive of a healthy economy typically c) defeats the purpose of the system you're building?  What do you do to prevent the necessity of large hash to keep this network in motion without financial overhead?  My suggestion based on my aforementioned experimentation and knowledge was make an abundance available for the sale, auxpow mining since now we have scrypt asics everywhere and hash is readily available, and incentive based on a proportionate amount of reward based on use.  This system isn't made to sit idle, it's meant to be used and thus those who either directly mine it or auxpow it, will be rewarded based on that use.  A prime example, is I'd run the Neos forum on the system and get rid of the hosting fees we have right now for that server.  I thought this would be a great and practical actual *use* of blockchain technology instead of just a project based on finances.  There are others out there that have great systems in place for other uses, as there are others out there with only financial purposes.  Everything is derived from inspiration brought on by those with the thought in mind and reference of the past as well as present.  Syscoin is great, they themselves looked into Datacoin and Namecoin.  My role in this is to re-engineer it into something else in the areas of transport and storage.  Analyze the current bottlenecks, shortcomings and recognize areas that could be improvised to function differently and in many cases along the way - improved.  Once the source is released, I'll be explaining to anyone interested what's been changed, written from the ground up, questioned and what's been removed with the reasons behind it.  For example the fee reward system, the account system and quite a bit more.  As I said, this is going on more than a month in the making and that's just the point at which I was brought in with the agreement and promise of post-ico employment.  The 4K BTC sum isn't what's expected to be reached, but just what's made available.  You can buy 1, 1000, or 0.  A project of this magnitude that's actually legitimate has costs to not only create but to maintain, support, and grow.  The minimum set is what's been told to me to afford to keep everyone involved paid and the project continually developed.

There have been quite a few questions here along with doubts and my intention here is to hopefully bring some legitimacy to this project as it truly is worthy of positive attention, at least in my opinion.  As I've already stated, I don't get in bed with scammers or those with less-than-honorable intentions.  My personal salary from the sale wouldn't be given to me in a lump sum either regardless of the level of trust the rest of the collective or Jared have in me.  It requires a certain level of responsibility, experience and trust to be in the position Jared's in and if I hadn't known him for as long as I have now and worked with him I would be skeptical the same as those voicing their concerns are.  There have been quite a few companies, investors and developers in this space that have expressed a great amount of interest and with good reason. The ground work was almost all laid out when I came into this project, it was the implementation and delivery that was lacking and that's where I've been able to step in and offer my abilities.  I've introduced an experimental alternative to leveldb as was in conjunction to it as a possible replacement for a multitude of reasons as well.

Regarding the roadmap and features detailed there.  Some are already in development, a few in which I played the role of coding (encrypting the data on the chain for example).  They're included in the current list of features only because they've been thoroughly tested.  I never release anything as "done" or "included" without proper testing.  With that said, updates will come as features are tested and proven stable - not before.  Graphical roadmaps, elaborate images and graphs - unnecessary.  History has shown us time after time that a scammer can hire a designer, pay a nominal fee and rob us blind.  The intentions behind the simplistic layout were to be informative and forthcoming - not beautiful.

With all of this considered, the person in the position of holding responsibility for the financials is not only someone who has voluntarily given their time to support and nourish other communities, but also someone whose personal information is public and I as well have Jared's information even beyond what's disclosed in the CFC along with one hell of a lawyer that practices both in and outside of this space thanks to another reputable person involved in crypto.  Every bit of relevant information regarding his holding and dispersal of the funds is documented and legally binding.

Lastly, I've been accepting contract roles for the last several months since LTCGear went belly-up to maintain my role within the Neos community and in crypto in general.  I haven't missed a beat with regard to my role or support with Neos, even while coding for others.  I don't want to give the wrong impression, even with the clarity I've hopefully provided so I'll state again - I'm basically an employee whose future role depends on the response to this project.

I'd like to thank those who have read this lengthy post for your time and hopefully better understanding of the rationale behind a few of the uncertain details.  Now it's time for me to get back coding.

     Best regards,

syntaks

Thanks for detailed explanation about your involvement in this project.

I really don't see how it can raise even 800 BTC. Not that I don't think it's a good project or I doubt stoner or you but in reality Bittrex don't even have that much volume..may be 20% of that is real rest is fake. Add that to the fact that previous ICO have all been scam..I think people are going to be really nervous when it comes to throwing away their btc in ICO.

Anyways, Good luck. I have invested few btc just to see how it all rolls out at the end and if things are getting delivered after ICO I will be happy to invest more for long term.

[wildduck]

Neos coin developer involved this is then serious, one of the best developers in crypto.

[ChompStory]

And you know what's ironic? Promising a non-removable content and free speech coin in a moderated thread. Talk about hypocrite there. And a bunch of pussy too with being anonymous. Bunch of pussy.

Kudos to syntaks though for opening up that he's one of the developer.

and whats stopping this anonymous owner of r3d coin simply running with the 4000 btc??

throw a few btc at the developers to seem legit then run wit 4000.

simple, no one knows who you are. not even your developers. most likely moolah.