Topic: Escrow service for a dead-serious presale? (Read 117 times)
I would advise against using individuals as escrow, unless you are certain of the reputation, and unless you are certain the investors would believe in the credibility of the escrowers. This forum does have several individuals who have held ICO funds in the past. There are also smart contract options as specified by users above, this is perhaps most recommended as a trustless escrow system, but you would of course need to ensure you trust the security of the coding! In the end, it's probably worth it to code your own escrow smart contract, there are several open source examples for the Ethereum network already available. One example is: Localethereum.com and EscrowMyEther.
Then hire an escrow agent so the suspicion from the investors will be removed.
You can hire any person on the list Recommended bitcointalk escrow services as you can see on the table, there are some who are into alts but the rest are obvious for bitcoin only transactions.
Gotta post the same link but living free do posted it already which is the most accurate answer when you search up for trusted escrows into this forum which you wouldnt really worry based into their reputation and credibility.You can hire any person on the list Recommended bitcointalk escrow services as you can see on the table, there are some who are into alts but the rest are obvious for bitcoin only transactions.
People would really remove out suspicions if they do find out that their investments are being held with a reputable escrow by this forum. Feels like op is confident enough to reach out targets.
You can just write a smart contract which returns all funds if a certain amount of money is not reached. In that case everything will happen automatically and no side involved will be able to affect it.
Then hire an escrow agent so the suspicion from the investors will be removed.
You can hire any person on the list Recommended bitcointalk escrow services as you can see on the table, there are some who are into alts but the rest are obvious for bitcoin only transactions.
You can hire any person on the list Recommended bitcointalk escrow services as you can see on the table, there are some who are into alts but the rest are obvious for bitcoin only transactions.
We are in the final stages before rolling out our own token. Ideally, the first step involves a private presale, over and done with, before the big public announcement.
The last thing we want is stage one investors having even the slightest suspicion that we are (another) hit and run, and we are therefore looking for presale escrow services. Or other options that accomplish the same goal.
Say, hypothetically, that we have a soft target of 10,000 ETH within one month. If the soft target isn't met, we want every single backer to get every penny back - and feel absolutely confident about it.
So... what options have we? Please advise!
The last thing we want is stage one investors having even the slightest suspicion that we are (another) hit and run, and we are therefore looking for presale escrow services. Or other options that accomplish the same goal.
Say, hypothetically, that we have a soft target of 10,000 ETH within one month. If the soft target isn't met, we want every single backer to get every penny back - and feel absolutely confident about it.
So... what options have we? Please advise!
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