[ANN][RES] RESPECTONOMY -A Decentralized Social Network

[Gleb Gamow]

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

Can I be intimated first?

Lol, they hate you because you busted his scam, and they can't raise the threshold amount because the threshold is ridiculously high even if the project is legit. They are day dreamers.

I'm pretty sure they don't hate as much as Team Qtum does: https://bitcointalk.org/index.php?topic=1720632.msg18058616#msg18058616

[kenzo600]

Hello, here's my transaction Number...
72a091b3c5d702d66a121f5c58861fc25f3758e3f14009168353a8a03b60b157
20185945067e3016188ea51ed31b5e95bea53a18b9e662dd9452d47d8b4499b1
Btc 0,1
Tnks!!!

[coinmenace]

Developer wants 2000 BTC - only got 3.36 BTC from 12 transactions.

Now those who "invested" will have to lose 0.01 BTC because of Refundfee from escrow, that's around $12.5 at current price of BTC.

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:

[realbigs21024]

all i see is a bunch of fud on here and i am not completely sure why 

[Mr.Pro]

all i see is a bunch of fud on here and i am not completely sure why 

Its not FUD and you don't even know that you're not getting any for promoting this shit cos it wont even hit their min target of 100btc hahahahaha
You're such a dumb person

[kenzo600]

Developer wants 2000 BTC - only got 3.36 BTC from 12 transactions.

Now those who "invested" will have to lose 0.01 BTC because of Refundfee from escrow, that's around $12.5 at current price of BTC.

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:

Ok 

[schnötzel]

all i see is a bunch of fud on here and i am not completely sure why 

you don´t know why !? really? just wait few days/weeks   

[anehh]

Seemed Dev calculation fund raised, but ico is not target....maybe Respectonomy team communicated with escrow

[NorthPixel]

Developer wants 2000 BTC - only got 3.36 BTC from 12 transactions.

Now those who "invested" will have to lose 0.01 BTC because of Refundfee from escrow, that's around $12.5 at current price of BTC.

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:

It is better to lose a little than to lose everything. Fear of loss leads to large losses.

[tradwork]

Ico will start on February 1st, so i expect that you have everything prepared before the date launch. Can you tell us in quick summary, what do you offer to your investors?

Decentralization is showing the promise for solving many of our problems and many projects are trying to implement the same, especially with the help of new technology available to us.

Various blockchain projects are trying to decentralize publishing platforms, by decentralizing the content storage, content discovery and content exchange on a social platform.

Where other platforms fail to achieve decentralization simultaneously in all three of these aspects, Respectonomy aligns the incentives for all these aspects to work in unison.

So the basic motive for our investment, either through time, money or support through mining is to realize the vision of a truly decentralized social network that fairly rewards all aspects of this network.

This investment however, grows valuable over time due to the manner the RES token is used in the  network. Respectonomy provides a layer for anyone to build bots on, that can crawl user’s data by paying them for it and bots can earn by providing services. Advertisers then effectively become special kinds of bots that instead pay users to modify their hosted data.

Thus, the demand for RES token is driven through the usage by advertisers who would buy token to pay users for advertisements directly, as per user’s self-moderated discretion, whereas service-bots run through micropayment of RES.

The final motive for possessing RES is the ticket for participation in an elite network since only a limited number of users stay on the prime network. Decentralization’s kryptonite is supporting the weakest infrastructures for end nodes, as evident by the blocksize problem. Because bandwidth is a limited resource, the fees over time drives up to a point that only a limited number of users shall be able to afford RES for accessing content in the prime network, while other users fork to a parallel respectonomy network which requires lesser RES. Users are part of a particular respectonomy network depending on their ability to mine, buy or earn the minimum amount of RES required to participate.

We regard the release of respectonomy’s protocol as an important step towards correctly aligning the incentives for all participants in the network and driving the value for the RES token.

An idea of social network without censorship is very attractive.Will the ICO investors be like shareholders and get paid dividend from the profits?

Respectonomy is a platform that aims at incentivizing activities of the users - Creators Curators and Consumers
That being said it is purely community driven
Bigger the community more the users popular the platform becomes.
More popular the platform becomes more will be the demand for the RES tokens
After the mainnet is launched and tokens are distributed we will soon be listing it to exchanges for trading for which we have already begun dialogue with few big exchanges

So RES token holders are not shareholders as their no centralization exist so the question of dividends doesn not exist.
However one thing is assured is that the ICO funds will be directed to create maintain and most importantly 'Popularize' the platform so that initial  investors get benefited with price rise.

Go through our whitepaper once and also the Motivation blog to understand the concept better.

sometimes it seems to me a story of curious events and nothing else because it leads its users to a very strange phenomena.

[Brizola]

So once again I don't understand what is going on... I am new to all this.

My investment on Res was 0.3777 btc

4e0aba963ee81758aa6372aec80798ce844589d708d622e08d9e1df2455c2be8
1AYJHUfTN6vBEaQaEZeN1NXaWUhPBZi2He

I received an email from firebird2490 that he sent an email for the Escrow members about my refund. Dabs/SebastianJu
I checked the email, I even replied to it inside the Forum. My question is: the refund will be sent to my original btc wallet? or I need to provide proof or another wallet like coinbase? Or poloniex?
How do I start the process? Please help!!!

[MbakNarti]

So once again I don't understand what is going on... I am new to all this.

My investment on Res was 0.3777 btc

4e0aba963ee81758aa6372aec80798ce844589d708d622e08d9e1df2455c2be8
1AYJHUfTN6vBEaQaEZeN1NXaWUhPBZi2He

I received an email from firebird2490 that he sent an email for the Escrow members about my refund. Dabs/SebastianJu
I checked the email, I even replied to it inside the Forum. My question is: the refund will be sent to my original btc wallet? or I need to provide proof or another wallet like coinbase? Or poloniex?
How do I start the process? Please help!!!

Usually, escrow or dev been warned about how to invest.
For those who will participate in ico may not use the address exchanger
I suggest you contact SbastianJu as escrow

[coinmenace]

So once again I don't understand what is going on... I am new to all this.

My investment on Res was 0.3777 btc

4e0aba963ee81758aa6372aec80798ce844589d708d622e08d9e1df2455c2be8
1AYJHUfTN6vBEaQaEZeN1NXaWUhPBZi2He

I received an email from firebird2490 that he sent an email for the Escrow members about my refund. Dabs/SebastianJu
I checked the email, I even replied to it inside the Forum. My question is: the refund will be sent to my original btc wallet? or I need to provide proof or another wallet like coinbase? Or poloniex?
How do I start the process? Please help!!!

Looks like you "invested" in this without even reading the escrow agreement.

[schnötzel]

So once again I don't understand what is going on... I am new to all this.

My investment on Res was 0.3777 btc

4e0aba963ee81758aa6372aec80798ce844589d708d622e08d9e1df2455c2be8
1AYJHUfTN6vBEaQaEZeN1NXaWUhPBZi2He

I received an email from firebird2490 that he sent an email for the Escrow members about my refund. Dabs/SebastianJu
I checked the email, I even replied to it inside the Forum. My question is: the refund will be sent to my original btc wallet? or I need to provide proof or another wallet like coinbase? Or poloniex?
How do I start the process? Please help!!!

next time ask me. for a small tipp i can advice you

[stab66]

I invested 0.5 BTC in this ICO and want my money back.
Transaction Hash: aea8d4b0e9c047fda532fe659bab12bfe3f3176bd65eb1f3bb4b713fca3d5a6b

I have received no email yet about the status of my refund.

[Alonzo Ewing]

I invested 0.5 BTC in this ICO and want my money back.
Transaction Hash: aea8d4b0e9c047fda532fe659bab12bfe3f3176bd65eb1f3bb4b713fca3d5a6b

I have received no email yet about the status of my refund.

you need to have a word with the escrow to prove the funds you sent to the ICO

[SebastianJu]

So once again I don't understand what is going on... I am new to all this.

My investment on Res was 0.3777 btc

4e0aba963ee81758aa6372aec80798ce844589d708d622e08d9e1df2455c2be8
1AYJHUfTN6vBEaQaEZeN1NXaWUhPBZi2He

I received an email from firebird2490 that he sent an email for the Escrow members about my refund. Dabs/SebastianJu
I checked the email, I even replied to it inside the Forum. My question is: the refund will be sent to my original btc wallet? or I need to provide proof or another wallet like coinbase? Or poloniex?
How do I start the process? Please help!!!

Usually, escrow or dev been warned about how to invest.
For those who will participate in ico may not use the address exchanger
I suggest you contact SbastianJu as escrow

Yes, you are right. Contact me by pm on this forum here. I did not post officially yet since I wait for some data from the Issuer. This data can not be seen as proof so every investor has to provide proof. Proof is no transaction id. And screenshots are no real proof also.

Just shoot me a pm and I will let you know what I need in order to check your claim.

Refund period will end 6. April 2017.

[realbigs21024]

so whats going on here

[Lucky uwakwe]

I also got a message telling me to ask for my refund from sebastian ju or dabs i have written a message to them on bitcoin but no word yet.

[Anarchy101]

so whats going on here

ICO was a bust they collected only 3.5 BTC. So now they are in refunding phase because the minimum threshold was not reached.