As we've seen, in the present era many kinds of a free social network that has been developed and it very helps everyone to share information.
Basically, social networks are useful for: socializing, Replaces the function of a diary, find new friends, Reunite with old friends, gain knowledge and be Able Also to make money.
But most of the social network is currently too freely immoderately or censorship, so many emerging spam content isn't controlled.
Of ideas as a group of developers that need to make a social network with the conception of self-moderator that provides users the freedom to share their thoughts without fear of censorship when rewarding them for it.
Respectonomy intended for the lovers of content such as: Bloggers, Book Authors, Journalists, Miners, Publisher. While the currency to be used is named RES.
Respectonomy will start with a supply of 5,000,000 RES, of the which 4 Million will be distributed to investors during the Crowdsale / Initial Coin Offering ( ICO ) and 1 Million will be reserved for the team consisting of developers, marketing, advisers, and bounties.
Features that are in Respectonomy very unique by combining Open-source, Autonomous, Censorship Resistant, Embedded Economy, Fair Distribution.
The system of Respectonomy utilizes "RESPECT" token that can be used by users to choose the content they suppose is of superior quality.
This ensures that the content is peer-reviewed and isn't determined by the reputation of each user.
The value of that content will now be based on the value of the token is determined and distributed by evidence blockchain enough work.
This prevents branding each user as a creator of good content while at an equivalent time reluctant ads, spam and trolls.
Team of Respectonomy
- Miss Budchai, Founder
- FireBird, Developer
- Thunder Bolt, Developer
- VicktorX, Web Developer
- Red Sonja, Digital Marketer
- Fantastic Mr. Fox, Trading Specialist
- Asterix, Strategic Head
or Join Slack Channel to communicate with Respectonomy team!
Spesifikasi of Respectonomy
- Name: Respectonomy
- Token: RESPECT
- Ticker: RES
- Algorithm: SHA256
- Type: Proof of Work (PoW)
- Block Time: 2 minutes (120 Seconds)
- Block Rewards: 16 RES
- Reward Halving Interval: Every 525,800 Blocks
- Difficulty Re-Target: 2 minutes
- Coin Supply: Approx 5 Million
Crowdsale of RespectonomyRespectonomy team has plans to launch ICO on February 6, 2017 until March 4, 2017!
ICO structure is fully transparent and is now using full escrowed on Bitcointalk , Escrow provide by Dabs & SebastianJu
Crowdfund Timeline: 27 Days
Total token supply: 5,000,000 RES
Total ICO Supply: 4,000,000 RES
Retained for Growth: 1,000,000 RES
Crowdfund Objective: 2000 BTC (minimum 100 BTC)
With the following early bird bonuses structure:
- The first 3 days (06/02/17 - 08/02/17) : bonus 25%
- 1st week (09/02/17 - 14/02/17) : bonus 15%
- 2nd week (15/02/17 - 20/02/17) : bonus 10%
- 3th week (21/02/17 - 26/02/17) : bonus 5%
- 4th week (27/02/17 - 04/03/17) : no bonusses
- The ICO with a multisig address 2 of 3
- The keys are held by Dabs, tbolt256 and SebastianJu
- The escrow address is: 3MCLbWNrFbC3iCYrmN3VhUoVkYqRLwVobn
- Don't send from exchanges or other wallet which you don't own the private key
- 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 the Bitcoins to the issuer.
More detail about escrow agreement, Please check this out!
Other Links- Official website: https://respectonomy.com
- Facebook: https://facebook.com/respectonomy
- Twitter: https://twitter.com/respectonomy
- Telegram: https://telegram.me/respectonomy
- Slack: https://respectonomy.herokuapp.com
- GitHub: https://github.com/Respectonomy/Platform-development
- Whitepaper: https://respectonomy.com/Whitepaper.pdf
- Announcements: https://bitcointalk.org/index.php?topic=1732589.0
Updates- Jan 5, 2017: Released Whitepaper
- Jan 18, 2017: Open RESPECTONOMY Signature Campaign and Twitter Bounty
- Feb 4, 2017: Announced RES Crowdsale will use escrow
- Mar 04, 2017 : Respectonomy crowdsale has ended!
More update will be post here, so..stay tuned!