another newbie with campaign
Is there any prohibition for every newbie to introduce their ico, maybe for safer for any one who want to follow every ico there must have an escrow
We did consider an Escrow, however there are countless cases where the Escrow made away with money or completely frustrated the campaign with overzealous requests, or got hacked and the entire thing becomes a painful waste of time for everyone So picking one person or two people as an escrow is with it's own fault. What we would have prefered would have a situation where a sort of "Bank" for cryptocurrency could serve as escrow but there is nothing like that at the moment. An Exchange could also be a reasonable way too if Exchanges could start to stand in as escrows for ICO, but also their is nothing like that. Our company will be offering Escrow Services once we are fully operational so, so hopefully someday in the nearest future using our services as an Escrow, a company going through an ICO process will more options.
What we are proposing is "presumably" better than using an Escrow. Ours is that our faces and names are here, and we are going to be getting our friends and colleagues, iIMPORTANT INTERNATIONALLY KNOWN CELEBRITIES, to come out and vouch for what we are doing. And since this is about marketing our product, we have set very clear set of marketing goals in numbers for which we "have to" meet before we get to trading. That way our progress is trackable.
On the other hand, we have a proposition for critics who would like to verify what we are doing, and whether or not our company has access to money we are claiming to have. There is a way to do it, It's called an RWA. (Ready, Willing and Able).
So we are happy to write out a Ready, Willing and Able Letter to any person or Company, for which they can use to call our Bank directly to verifiy whether or not we do have the money, and if this money is meant to be disbursed to reasons concerning our ongoing project.
