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Topic: Can an Escrow be a guarantee? - page 2. (Read 21385 times)

member
Activity: 648
Merit: 10
March 04, 2019, 09:49:21 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.
member
Activity: 228
Merit: 10
March 04, 2019, 09:44:41 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?
all projects are potentially fraudulent. if there is no secure guarantee, we as investors always check and we can find more detailed information by reporting to the authorities. If everything is safe then we can enter.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 04, 2019, 08:33:42 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 still a chance for this project to be scam and maybe they are just trying to get the trust of the investors. if you're a bounty hunter then the payment for you is sure, and you don't have to worry about but if you plan to invest then having an escrow is still not a sign of this project will be good in the future, you must still review their whole project.
This is the point why mass fails to stick. If there is no working product then it is useless to expect something good from projects in my opinion. Investor confidence is down for these type of reasons and escrow is not going to cover the gaps by project managers.
full member
Activity: 686
Merit: 108
March 04, 2019, 08:20:06 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 still a chance for this project to be scam and maybe they are just trying to get the trust of the investors. if you're a bounty hunter then the payment for you is sure, and you don't have to worry about but if you plan to invest then having an escrow is still not a sign of this project will be good in the future, you must still review their whole project.
member
Activity: 756
Merit: 12
March 04, 2019, 08:12:22 PM
Escrow can be a good indication that an ICO has a good and pure intentions or basically not a scam ICO. I've been into a project that's using an escrow for now and it went good so far considering that the campaign manager is very trustworthy too.

Escrow adding our trust on the ICOs. Could be a guarantee, i think it could be yes and no. With escrow, there is good will from developers team and i think we could trust if escrow from reputable company or person
full member
Activity: 476
Merit: 101
www.daxico.com
March 04, 2019, 07:23:37 PM
Escrow can be a good indication that an ICO has a good and pure intentions or basically not a scam ICO. I've been into a project that's using an escrow for now and it went good so far considering that the campaign manager is very trustworthy too.
full member
Activity: 948
Merit: 110
March 04, 2019, 07:14:21 PM
As long as Escrow has a good reputation, I think it can be a guarantee. Quality projects will definitely use Escrow to make investors more trustworthy. but now it's quite difficult to find projects like this. most projects currently do not use escrow.
Agree with it, if the Escrow is famous as his reputation then investor would feel safe while investing on the project. Indeed, it can be guarantee and make more interest. Nothing is as good as a project that uses escrow services.
full member
Activity: 770
Merit: 126
March 04, 2019, 07:04:51 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?
Escrow funds for campaign management is a way of protecting the interest of the participants from being scammed by the owners or the campaign manager but not necessarily the project is a legitimate one as you can still be scammed you invest your money because of the escrow service.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
March 04, 2019, 06:34:25 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?

What project is that you did not include the link to your post so we can also check and verify if it is a good one or not, there are so many parameters and the escrow is just one of it, but I will not on escrow as a sign that it is a legit project, and what is they are escrowing their token or investors fund and for how long.
hero member
Activity: 1218
Merit: 500
March 04, 2019, 02:57:16 PM
I would use any human as escrow anymore. Blockchain is one of the best escrow solution currently. Smart contract is the shows good example of the power of blockchain in regarding of escrow.
jr. member
Activity: 1162
Merit: 1
Base.protocol
March 04, 2019, 02:51:21 PM
Using escrow in any monetary transaction is always very dicey. Not that some escrow group hasn't been doing very well but it takes just one person to jeopardize the whole process. So always treat every transaction with caution because we never can tell.
full member
Activity: 1540
Merit: 219
March 04, 2019, 02:49:47 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.
full member
Activity: 1024
Merit: 100
March 04, 2019, 02:15:38 PM
As long as Escrow has a good reputation, I think it can be a guarantee. Quality projects will definitely use Escrow to make investors more trustworthy. but now it's quite difficult to find projects like this. most projects currently do not use escrow.
legendary
Activity: 1596
Merit: 1034
March 04, 2019, 02:11:14 PM
Not all of us who use ESCROW can we trust because it is possible that the party providing the escrow service is also exposed to fraud from a project. The escrow service is essentially a business, when an agreement is reached regarding the payment of the services they provide, the escrow service will clearly accept the project even though they do not know that the project will eventually experience a scam because escrow parties only do business and they will provide services when the project benefits them.
jr. member
Activity: 198
Merit: 2
March 04, 2019, 12:21:27 PM
And how sure are you they are not the owners of the project calling their self escrow, no one is worth to be trust these days, just do your own research about the project and believe in it. The rest is lucky even most good project don't end up doing well but in time they might be great.
sr. member
Activity: 1162
Merit: 252
March 04, 2019, 12:10:27 PM
depending, for example, they are firing their tokens / coins, not necessarily that the coin will have value, it could end up being rubbish, but at least that illustrates that the transaction is safe if you look at it better to consider it again before joining the project
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
March 04, 2019, 12:03:20 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?
One of the most effective and reliable way to invest is to look for the ones that offers escrow service except the escrow management are scam themselves or another division of the same coin you wish to invest it but other than this.

I think it is very safe as escrow transactions are the most reliable way if you are to overcome crypto currency market volatility, escrow transaction will surely ensure that the trades or transaction of the user is executed in a secured and timely manner but I will still advice you make thorough findings about the project before investing.
member
Activity: 639
Merit: 18
March 03, 2019, 11:52:53 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?

In my opinion, escrow cannot be a guarantee, if a project does not have a team and dev but uses escrow, I think the project is a fraud. because if a project is good then there are teams and dev that are shown so that other people believe in a project to invest.
full member
Activity: 728
Merit: 104
March 03, 2019, 11:31:28 AM
As I understand it, many projects can be really guaranteed, but today there are very few of them. Very few people who would be able to become guarantors in the transaction. Therefore, I now see a process that in general has life, but the whole thing is in the number of normal ideas on the market. They are terribly small.
sr. member
Activity: 958
Merit: 256
Betking.io - Best Bitcoin Casino
March 02, 2019, 03:56:03 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?

Unfortunately, escrow will never give full security. It happened in past that Bitcointalk users with very large number of trust points disappear with the money. You can always divide the risk and ask for escrow half one user and the other part the second one, and even do it with three or four escrows.
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