there is escrow or not?
Why would you use a escrow who may be anonymous and not just trust the dev who is upfront with his identity. Rhetorical question. The answer to you is, no escrow. Either trust the dev or don't.
Well, maybe use one of the escrows others have used for 1000's of BTC projects before on here who's identity is known?
That is not a rhetorical question.
I don't understand the use of the inherent safety people feel when using escrows. It makes no difference
unless the escrow is done with a series of goals or benchmarks. For example, complete the following and then X number of bitcoins more are released so you can complete the next goal. Take a project like Waves for example which raised like 30k BTC. All they had to do was launch the network, which they did using an unmodified Scorex Framework which is stated by it's own developer is not meant to be used in a production environment but rather simply for testing. Regardless, because they were able to launch the network, here you go Waves team enjoy your 30k BTC to do whatever the fuck you want with it.
How did that provide any security for the investors? So when people ask "is there an escrow" all I can think is if that's the full length of your question then...
You are correct. There should be milestones for release of funds especially in 1000BTC +projects.
However, I guess even a release of a coin is better than nothing. Many devs dont release anything and just run with the funds.
You shouldn't make yourself look stupid and put this in any kind of shitty category your attempting too. If that is what you think, would you like a wager? I will bet you what I have invested here that they don't run with no funds. You know why I am sure? Because I spend hours researching and maybe you should before you post. Anyway find an escrow and I have 2btc to have a friendly wager with you if you like. and you lilbear, infact anyone that cries escrow when they don't have a dime to their name or invested shit. gtfo lol
You should learn to spell and punctuate before calling out others stupidity.
You will be noted down as a possible scammer.
If I put a poll in the main section asking would people prefer escrows with mile stones vs devs holding all the funds from the start then you will start to realise that your opinions matter nothing to anyone but yourself.
Others here advocating devs holding all funds from the start are suspect too.
Does not matter one bit how reliable YOU judge this dev to be. It sets a bad example for other projects.
Escrows with milestones should be the protocol set for all ICO's no exceptions.
Stop assuming others don't have a dime to their name. WTF do you know about others financial position.
420 satoshi! lets just close the ico now and get started.
