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Topic: Can an Escrow be a guarantee? (Read 21385 times)

full member
Activity: 644
Merit: 113
March 19, 2019, 06:25:56 PM
I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
There were hired escrow or manager that makes sure that a project is legitimate and the team is actively working on a project. There were lot of previous project that come to pass and I can say that many are not scam but most of them takes longer time to realized it's good value. Btw, escrow is just someone who takes the third trusted party it doesn't determine wether a project is good or bad.
sr. member
Activity: 459
Merit: 251
March 19, 2019, 06:05:21 PM
This depends what will happen with project and if team keep do what they say will do and respect roadmap. And what will escrow do for project? Pay the coin/tokens to who join project and do bounty?
sr. member
Activity: 841
Merit: 251
March 19, 2019, 06:02:47 PM
Having an escrow decreases our doubt for a project epecially the one who have trust. But make sure thats not ordinary account who got trust from someone, look if there are backgrounds in the other project, so if have we can high assure the escrow will pay us,  buy not sure if the token will be worth after token sale. Team is top prioty, we can be paid but we cant  gain anything. Its always better to pick a good project without escrow somehow
hero member
Activity: 1358
Merit: 509
March 19, 2019, 06:01:09 PM
You should clarify your question. Were you doing a bounty? If so, you will be surely getting paid if that escrow was trusted.
some bounty there that do not use escrow, but there is direct in the hands of developers. We all have to be careful with it, because there is a possibility the bounty will not get paid them.
Escrow can be guarantee depending on his/her identity. But do not just rely on that. I wonder do not you know the name of the project? Why do not you investigate its site?
jr. member
Activity: 546
Merit: 4
March 19, 2019, 05:54:58 PM
I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?

For me using an escrow is not enough guarantee
Because the project team can decide to swap tokens and end up not paying

So we simple need a reliable project with a team of transparent and honest people
full member
Activity: 1624
Merit: 163
March 06, 2019, 04:17:22 AM
Any trusted escrow is a guaranteed payment but it doesn't guarantee the success of a project. Escrow doesn't want any shady business that will reduce its reputation in the forum. The more trusted an escrow is, the more the payment could be secured. At least that's just what I've thought.
full member
Activity: 1414
Merit: 100
March 06, 2019, 04:09:53 AM
Once I involved with tbar ico, they paid all bounty hunter, investor even listing their token in exchange but suddenly they disappear. From that experience, I think escrow is not a guarantee of total project but it can be a guarantee of early project like a reward for bounty hunter. In the end they can be a scammer too.
sr. member
Activity: 462
Merit: 250
https://saturn.black
March 06, 2019, 03:59:57 AM
I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
How can you trust a project if you haven't seen a team? How could that be possible? Even if you use Escrow with positive trust, I have great doubts that the project will not be a fraud. I do not participate in such projects.
full member
Activity: 548
Merit: 100
March 06, 2019, 03:33:29 AM
Escrow with positive trust can be guaranteed, but if you don't know who the dev or team is on the project, it's better not to recommend investing it. The project team is one of the important things that need to be valued before investing
member
Activity: 345
Merit: 10
March 06, 2019, 03:25:04 AM
You should clarify your question. Were you doing a bounty? If so, you will be surely getting paid if that escrow was trusted.
some bounty there that do not use escrow, but there is direct in the hands of developers. We all have to be careful with it, because there is a possibility the bounty will not get paid them.
sr. member
Activity: 658
Merit: 250
March 06, 2019, 02:29:23 AM
Even if it's not giving a fully guaranty, but at least it could makes every investors or even bounty participant to be able to get even more protection about the coins that are purchased or gained.
hero member
Activity: 2520
Merit: 952
March 06, 2019, 01:09:38 AM
You should clarify your question. Were you doing a bounty? If so, you will be surely getting paid if that escrow was trusted.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
March 06, 2019, 12:31:37 AM
Last two years almost of ICO investment project always use escrow for their ICO investment and many ICO was success with raised hard cap and have higher price after listing on exchange market, but now many ICO do not use escrow and many ICO was failed.
In conclusion, an ICO that has escrow seems to be very active and working. But if they've decided to not have an escrow, it means to say that they don't consider it anymore and it's just going to be an expense to them. I've managed to see those glory days where most of the ICOs has their funds escrow here in the forum through reputable escrow services. Today, they are thinking that they can manage it on their own but an escrow can help and give sort of protection for the bounty hunters and investors too.
only a few ico projects are brave and able to provide escrow services for the allocation of bounty campaigns and several other campaigns, because some ICO platforms have different strategies for each platform.
It's not about being brave of acquiring an escrow but it's about on how they are very sure with the project they are working with. Meaning, they have future visions so they have no problem if hiring an escrow is what the investors, participants and development teams.

Oh well, today it isn't too important for them but I still see some project that are helding with escrow.
copper member
Activity: 193
Merit: 1
$martFund
March 05, 2019, 11:50:47 PM
They need to show their team as a means of transparency and for identification, if that is not available, run
hero member
Activity: 714
Merit: 500
March 05, 2019, 11:47:45 PM
Last two years almost of ICO investment project always use escrow for their ICO investment and many ICO was success with raised hard cap and have higher price after listing on exchange market, but now many ICO do not use escrow and many ICO was failed.
In conclusion, an ICO that has escrow seems to be very active and working. But if they've decided to not have an escrow, it means to say that they don't consider it anymore and it's just going to be an expense to them. I've managed to see those glory days where most of the ICOs has their funds escrow here in the forum through reputable escrow services. Today, they are thinking that they can manage it on their own but an escrow can help and give sort of protection for the bounty hunters and investors too.
only a few ico projects are brave and able to provide escrow services for the allocation of bounty campaigns and several other campaigns, because some ICO platforms have different strategies for each platform.
full member
Activity: 1750
Merit: 118
March 05, 2019, 10:57:47 PM

no . because an escrow can sometimes become a scammer   . i witnessed that before many times where a trusted member of the forum that has a reputation can still become a scammer because the money that he is holding is too big enough  but that was an inapropriate act because it can bring a bad karma to you  in the long run  .  there are also times that an escrow is honest and legit but he accidentlly lost the funds or he got hacked  .
jr. member
Activity: 392
Merit: 1
https://saturn.black
March 05, 2019, 10:52:39 PM
Can yes and no, but by using Escrow many ico are successful of course here the team also has an important contribution to the success of a project, of course there is a good connection between the two
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
March 05, 2019, 10:24:59 PM
Last two years almost of ICO investment project always use escrow for their ICO investment and many ICO was success with raised hard cap and have higher price after listing on exchange market, but now many ICO do not use escrow and many ICO was failed.
In conclusion, an ICO that has escrow seems to be very active and working. But if they've decided to not have an escrow, it means to say that they don't consider it anymore and it's just going to be an expense to them. I've managed to see those glory days where most of the ICOs has their funds escrow here in the forum through reputable escrow services. Today, they are thinking that they can manage it on their own but an escrow can help and give sort of protection for the bounty hunters and investors too.
hero member
Activity: 2660
Merit: 651
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March 05, 2019, 10:22:18 PM
I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
In my own personal opinion, when a project has an escrow there is a huge chance that you will recieve your payment and you will mot get scammed by them. But sometimes there are projects that has an escrow that may lead scam because the manager will not distribute the payments.
There's indeed better chance that people involve in certain project wont get scam since a reputable escrow is involved but what you said about manager not distributing payment to participants for their if a project turn out to be scam is something I dont agree with cause the participant ought to receive their payment.
copper member
Activity: 196
Merit: 0
March 04, 2019, 10:02:04 PM
I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?

Basically, yes. Projects in order to figure out if SCAM or not needs to be escrowed by one of the best escrow here on bitcointalk just like bl4nkcode which is very well known as a very trusted escrow.
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