ESCROWDabs and SebastianJu
Confirmation by Dabs and SebastianJuThe bitcoin escrow address is ***NOT FOR DIRECT INVESTING***: 3MCLbWNrFbC3iCYrmN3VhUoVkYqRLwVobn
Check if your investment is forwarded to the escrow address and alarm us escrows when this did not happen!ONLY invest after reading the 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:
ESCROW TERMS
- ICO Period:
- Start Date: 6th February 2017 12 noon (5 a.m. UTC)
- End Date: 4th March 2017 12 noon (5 a.m. UTC)
- ICO Requirement:
- Total requirement of ICO is 2000 BTC
Note: Crowdsale sale ends automatically when the cap of 2000 BTC is reached.
- Initial Rate:
- Our Initial rate of a Respect token will be 0.0005 BTC.
(1 BTC = 2000 RES)
- Coin Distribution:
Total supply of coin is technically infinite, out of which 5 million is pre-mined.
- 4 million for participants in ICO
- 1 Million for Bounties, Campaigns, Translations, and Bonuses for early adopters in ICO and the Team.
Note: Should ICO does not reach the target of 2000 BTC, only that many tokens will be mined as per the amount of BTCs raised.
For eg- Suppose we were able to make it to say 1000 BTCs, that means only 3 Million RES will be mined out of which 2 Million goes to Investors and 1 Million as mentioned above.
- Bonus Structure:
http://i.imgur.com/6gHDGbm.png
*Terms & Condition Apply.
https://respectonomy.com/images/Roadmap.png
- Name: Respectonomy
- Token: RESPECT
- Symbol: RES
- Algorithm: Proof of Work
To avoid an identity conflict, a Proof of Work (PoW) based algorithm is used. The miner solves a computationally hard problem which is decided by the difficulty level to mine a block. The solution to the problem shows proof of the miner's work in obtaining the block and hence there is no conflict in the identity. - Block Specification
The initial block reward is 16 RES per block. A block is generated every 2 minutes. This block reward reduces over time (see Halving Rewards) to give an incentive to early users of the platform. Eventually each block will have the same reward.
The block rewards are halved every 525600 blocks, which is approximately 2 years at an average time of 2 minutes per block. The block reward is halved till it is 1 RES and stays constant henceforth. - Difficulty Re-Target
The difficulty level of a block determines how hard it is for a miner to get the hash value of the block. Initially the difficulty will start at 1, which is the lowest possible value, and will increase with subsequent blocks. The difficulty level is calculated as a moving average of the past 2016 blocks. The difficulty may increase or decrease to ensure that the average block time is approximately 2 minutes.
https://raw.githubusercontent.com/Respectonomy/PRE-ANN/master/Miss-Budchai.png
Founder: Miss Budchai
FireBird (Developer)
Thunder Bolt (Developer)
VicktorX (Web Developer)
Red Sonja (Digital Marketer)
Fantastic Mr. Fox (Trading Specialist)
Asterix (Strategic Head)
Local Translations
Indonesian - doktor1897
Hindi - btvGainer
Greek - killerjoegreece
French - ghoom2