After some discussions with coindice about various scenarios and concerns, he has agreed to the attached escrow agreement.
The escrow address is funded with 0.30015 BTC as can be seen here:
https://blockchain.info/tx/50a3f76be071ffe147908942df0241cee56a5cf7c6bfe627f7f55247e0960065The transaction has at least 3 confirmations, and as such I am willing to guarantee the security of the escrow against double-spend, theft, or loss while in my possession. If they are lost or stolen before the end of this contest, I will replace them with my own funds. These funds are held in a paper wallet in a secure location, so they are safe from hacking.
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Hash: SHA1
Escrow ID: 201312110845
The escrow address for the contest listed on bitcointalk beginning on 2013-12-10 13:53:45 CST and identified by the URL:
https://bitcointalksearch.org/topic/logo-contest-030btc-in-escrow-with-dannyhamilton-to-the-winner-366187 will be:
1JZS9oyathjiPoPmZQnHu7fqTqYdY5A6kx
Please understand that I am doing this as a community service for users of bitcointalk, I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction. As such, if it does not represent a burden to do so, please consider sending a bitcoin gratuity to 1L23TUkrQCJxxnHKTUSTK4djye7PjToZPm (valid for this contest only) after the satisfactory resolution of this contest.
The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the bitcoin provider (identified as coindice on bitcointalk.org) and the contest winner.
The escrow holder, Daniel Hamilton (pseudonym DannyHamilton), assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the transaction to the fullest extent he is capable. On the event that any problems arise, he will release the escrow to whichever party presents him with the most convincing proof and/or after an open discussion with others at bitcointalk.org.
The conditions of the agreement are as follows:
0.30 Bitcoins will be placed in escrow by the bitcoin provider. The bitcoins will be released from escrow to the contest winner after the bitcoin provider informs the escrow holder that he has chosen a winner. If, 31 days after the funding of the escrow address, the bitcoin provider has not yet informed the escrow holder that he has chosen a winner (including circumstances such as the coindice business or the bitcointalk forum ceasing to exist, or the incapacitation of the bitcoin provider), then the escrow will be donated to the Bitcoin Foundation. If the contest winner fails to provide the requested image files in the required format and resolution, the escrow will be released back to the bitcoin provider.
The sending of bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated and the activation of this contract.
Thank you.
DannyHamilton (the escrow holder)
2013-12-11 08:45 CST
Escrow: 1JZS9oyathjiPoPmZQnHu7fqTqYdY5A6kx (valid for this contest only)
Tips: 1L23TUkrQCJxxnHKTUSTK4djye7PjToZPm (valid for this contest only)
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