Topic: OPHION signature campaign halt ... (Read 566 times)

Sorry for being a bit of topic , but generally speaking , signatures who are new here, you should not rush to join them, we have seen bitsupra first, now Ophion and a few others which I don't remember that they are closing down. A signature run by bot will not run away if the site doesn't collapse too, thats why I prefer these kind of signatures which unfortunately in this forum are very few, Yobit, Bitmixer and Bit-X so far.
Again do not rush in any new signature campaign which just shows up out of nowhere. My 2 cents here.

He didn't even bother to see both sides... It seems he just saw that emailed and though, "Mehhh, what the hell... I guess I trust that guy to repay investors"... which he didn't even ask for a return address list, which there probably wasn't one.

... I mean c'mon man, are you really giving him the "benefit of the doubt" here?  He's a scammer, or just litterally incoherent with campaigns and should never given the opportunity to escrow again... it's like he didn't even want to attempt to try and do a good job.

Don't take this out on the wrong peoples back/generalize, please.

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I believe notaek made a mistake here.

As an escrow, he's supposed to act as a 3rd party between the runners and the participants of a signature campaign.
That's the job he was hired for, and that should be the base of his decisions.
Based on that, he's obligated to review both sides and in case of a dispute make a decision on how to proceed.
(The reason users are more eager to join escrowed signature campaigns is, that there is a sort of second safety net in case the runners don't come through with what they offered.)
Notaek failed to see his responsibility towards the participants, and acted rash when repaying the escrowed amount to the runners.

LOL, take a chill pill, the thread is about the signature campaign. You can frustrate your anger on your scam accusation thread.



The funny this is you posted this some time ago and you were right.. The escrow Notaek is a scam
https://bitcointalksearch.org/topic/m.14915136

He is also a signature campaign manager :S

the escrow could be often a scam, so you should always track the status of paying in signature campaign, it could be a ponzi-like.

felt sorry to hear you are not being paid anyway. hope they resolve this kind of problem and not repeating it again.

Fuck the Signature Campaign,the entire project is dumped I believe.Your signature money is actually investors money.
Scam accusation opened https://bitcointalksearch.org/topic/gone-ophionio-motherfuckers-ran-away-with-investorss-money-amount-17btc-1479475

Yes, it is. That's why they were entrusted with the money, to make a decision, as 3rd party, in case something goes wrong (like it seems to go here right now).
Ofc notaek should pay the participants, which I'm sure he will.

Basically, yep.

People shouldn't count their posts themselves, that's only bringing up more problems than solutions.
It's the escrows job to distribute the funds entrusted with them in such cases.
Either they get a report from the signature campaign manager about whom to pay what sum, or it's aswell in their responsibility to determine that themselves.

From knowing notaek some time now, and from the fact that he runs signature campaigns himself as a manager, I think he will either way be abled to make the right decision about distributing the funds.

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We've seen campaigns with no escrows run perfectly well, and we've seen escrowed campaigns going down in chaos.
Both things have happened, and both things will happen again.
It's good for a new campaign/project to have an escrow set up, but there are arguments for both sides, and sometimes, escrows aren't necessary.

From how I understand this situation, there won't be a new manager, since the project got abandoned.
Since the current manager is a hired one (not part of the project itself), he should be completing his job.
If that doesn't happen to be the case, notaek is abled to do it himself.

I don't think notaek will scam, because his duty is to pay the participants if the manger doesn't. It is much better to have an escrow than not, what will happen if there were no escrow? 2. If campaign manager doesn't give the report to escrow then or people will count themself the posts or a new manager will count them, don't know about this situation, notaek should decide this probably.

woooahhh, so now it's the escrows "decision" if he wants to pay out people now?  That doesn't sound good...


Ah, what I was trying to say was, 'what if the campaign manager just doesn't give him a payment report of who did what? Does he now have to act out the duty of campaign manager and escrow/payout guy?'

If the campaign manager is unable to make the payment for the participants then it's the escrow duty to make the payment, that's why escrow is a 'backup' to cover this.

Nice that someone opened thread for this! I`m watching all day for something.

I send message to campaign manager BTCat :


Now I think its not just campaign, Ophion site is down and lot of people invested in this coin.  https://bitcointalksearch.org/topic/ophion-1479267 like this guy and he is only one that posted something before you did.

I send message to Hazelnutter cause he was one of dev`s but until now I didnt receive anything from him.

But what if the campaign manager just leaves too... is that now the duties of the escrow too?

The signature campaign funds are held by escrow and this is why escrow is recommended to be used on a new campaign.
https://bitcointalksearch.org/topic/m.14851009
Since the money are on escrow, escrow should pay the participants.

So I want this thread open to talk about the developments about this campaign, and to see if we are just screwed out of a week's worth of advertising for the devs or not...

Both the coin's [ANN] thread and the campaign thread has been locked so far.