Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: thinklab71 on February 16, 2018, 07:47:40 PM



Title: ICO Contracts
Post by: thinklab71 on February 16, 2018, 07:47:40 PM
Is there any way to know if the funds of a ICO is going to the company, escrow or smart contract?    I am asking for like Thrive as an example


Title: Re: ICO Contracts
Post by: vibingpositively on February 16, 2018, 07:52:59 PM
Well smart contract yes because it is publicly displayed but the escrow or the company aspect we would never truly know. That is why it is paramount we invest in projects that have the transparency of using a smart contract or are reputable enough in the industry we can trust them. I don't trust anybody in between this.


Title: Re: ICO Contracts
Post by: thinklab71 on February 16, 2018, 08:01:52 PM
Great reply,

Thanks


Well smart contract yes because it is publicly displayed but the escrow or the company aspect we would never truly know. That is why it is paramount we invest in projects that have the transparency of using a smart contract or are reputable enough in the industry we can trust them. I don't trust anybody in between this.