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Topic: Can an Escrow be a guarantee? - page 9. (Read 21418 times)

sr. member
Activity: 658
Merit: 256
February 11, 2019, 03:26:24 AM
#12
Having an escrow only guarantee that you will be receiving the tokens. To determine whether project is scam, I guess you have to look into more aspect such as the business model and why is the team anonymous. It is better not to invest if you have doubts in the project.
full member
Activity: 420
Merit: 100
February 11, 2019, 02:22:04 AM
#11
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?
And then themes appear, they delayed payments, they applied KYC, so there is nothing ideal in this area, there is deception everywhere.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 11, 2019, 02:21:22 AM
#10
The escrow is a good indicator about the bounty payment. Not about the ico itself.

He ico may be a total scam, and they still pay you with their fake money in the bounty
full member
Activity: 770
Merit: 101
send and receive money instantly, no hidden costs
February 11, 2019, 02:20:24 AM
#9
In addition, even a green trust can have its price... The transparency of the team and its actions regarding the project should be.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
February 11, 2019, 02:14:47 AM
#8
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?

That is interesting. This is the first time I've read a team do this.
Anyway, setting up escrow signifies that they are acting in good faith.
But from past experiences of anonymous teams, I would suggest to be very careful with them. While they could be legit, the project might not take of because community might not be confident enough to invest.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 11, 2019, 02:09:04 AM
#7
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?
As long as the escrow hold all of the funds and that will be safe but remember the escrow must never try to send any amount to the developer until it will prove itself with some progress on the development. This is having a big risk for me personally.
sr. member
Activity: 1218
Merit: 410
February 11, 2019, 12:47:00 AM
#6
If the escrow is reputable, then it probably not scam. However, project that not showing their team is a bit shady, even with escrow.
May i know what project is that? And who's escrowing them?
hero member
Activity: 3038
Merit: 617
February 11, 2019, 12:33:01 AM
#5
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?

Its possible that it isn't a scam but there are still things to consider about it like what was being escrowed, was it BTC or some tokens they created like ERC20 token?
The point being said is that most of the reputable people here prefer to be paid with BTC so that the team has something to guarantee to the bounty hunters and investors.
member
Activity: 78
Merit: 17
February 11, 2019, 12:32:42 AM
#4
atm, isn't be confirmed 100% scam/not, but almost all members in this forum are very scared of red paint so that positive trust will at least guarantee.

if later the project is a scam, some participants can open threads on  Scam Accusations and for escrow (a person) can open threads on Reputation
hero member
Activity: 1274
Merit: 516
February 11, 2019, 12:20:46 AM
#3
Its better to check the project more details, an escrow can be a good indicator especially with a positive trust but we still need to see the team and developers, its one of the important thing to check in a project, so I think I wont join the project if the developers team refuse to show up
member
Activity: 476
Merit: 14
Bcnex - The Ultimate Blockchain Trading Platform
February 11, 2019, 12:12:26 AM
#2
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?

It is very hard to find the solution way when happens dispute issues if their team and DEV of project don't appear. You should be careful to decide
full member
Activity: 700
Merit: 101
February 10, 2019, 11:08:37 PM
#1
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?
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