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Hey guys,
I've been contacted to help with the escrow for this. It will be
very simple to understand and to get involved. The ICOBID Platform
team is to keep a list or website all investors, the amount
of BTC they have invested, their ICB address and a return BTC
address in case of refunds.
Everyone will get assigned one address, all you have to do is
verify that your address is in the list which I have GPG signed.
Here is the list:
http://pastebin.com/sajCXuG7
For the sake of security of everyone's coins, refunds will only
be processed AFTER the coin has failed to launch, at the same time.
This will be a "cold" wallet, that's why.
No refunds will be issued for investors who change their mind.
If you are not sure, do not send. If you send, you are committed
and you will receive the proportional amount of ICB as indicated
by the developers and website.
If the coin fails to launch in a satisfactory manner all BTC will
be refunded back to their owners, less any transaction fees.
(Usually 0.0001 per 1000 bytes.)
This is my escrow thread if you want to do some research.
https://bitcointalksearch.org/topic/escrow-service-by-dabs-234939
Any refund, will be sent to the address that you designate in your
account on the ICO website.
I will charge an appropriate 5% fee on the amount of BTC collected
by this ICO, deducted at the time I send the funds to the dev.
I will send the BTC to the ICB devs only after the coin has
launched, the wallet is working, the investors have received
their ICB, and the ICB network has reached at least 72 hours in
blocks. I think this is fair, if the coin is 3 days old and
everyone got their ICB, then I can release the ICO BTC funds to
the devs.
For investors, what you could possibly lose is the time any coins
you send until launch. This means your BTC are stuck until then.
For the ICB team / developers, you don't get anything until after
72 hours.
I am not responsible for any coins sent anywhere except the
escrow addresses in the list.
Thank you and have a nice day!
Dabs
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