Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: kingscrown on August 16, 2014, 02:24:33 AM



Title: [ESCROW] Offering escrow for Altcoin Premines to avoid Scam Coins!
Post by: kingscrown on August 16, 2014, 02:24:33 AM
Hello,
im KingsCrown owner of http://fuk.io blog, http://twitter.com/kingscrownBTC and http://instagram.com/kingsbtc so i can assume i can be preety trusted as im transparent here. Im also known from other forums so alot of users may know me more or less.


Due to all latest scams with coins and zero possiblity to verify the owners i`ve decided to offer escrow for premines of coins. How will this work?

1. Coin says it has premines for bounties, you contact them and say as verification shell they should pass part of premine to escrow
2. I take ie 80% of premine and keep it until they prove spending their 20% on current bounties - after they do so i give them next 20%
3. Process happends again till ie 50% of premine is spent for bounties, then i pass them the rest.

My fees: 1% of whole premine
Exact %: Can be negotiated and will be added to OP and posted by me for double verification


What the coin gets?
1. Transaprency of fairness
2. Me getting interested and giving it extra promotion saying im escrowing it
3. Extra security factor - if your disk dies.. i still have the premine


So community if you want to avoid premine dumpers im here to help. Lets add extra security factor to the coins. Premine is needed for bounties but without escrow on it we can never know if dev will not dump. This solves the issue.


Title: Re: [ESCROW] Offering escrow for Altcoin Premines to avoid Scam Coins!
Post by: thimo on August 28, 2015, 02:00:03 AM
Escrowed my ICO, totally recommended guy to work with


Title: Re: [ESCROW] Offering escrow for Altcoin Premines to avoid Scam Coins!
Post by: billotronic on August 28, 2015, 02:21:17 AM
"premines for bounties" is pretty vague. I think more of what you are doing is encouraging shit coin generation by giving some sort of fairy tale transparency of how the 'devs' are spending the premine for an osx wallet etc etc.

there is no such thing as a good premine.


Title: Re: [ESCROW] Offering escrow for Altcoin Premines to avoid Scam Coins!
Post by: kingscrown on August 28, 2015, 02:31:52 AM
"premines for bounties" is pretty vague. I think more of what you are doing is encouraging shit coin generation by giving some sort of fairy tale transparency of how the 'devs' are spending the premine for an osx wallet etc etc.

there is no such thing as a good premine.

some coins need funding but i understand what you mean.
if we were sure devs need money to develop the coin not scam then it would be all good, at this point we never know.

im offering holding ICO escrows and premine to avoid fast dumps or never delivering coins. other then that - i cannot do anything about it