Here is how our escrow search went:
Step one: Finding a serious escrow that does other things than bitcoin. This was actually a very hard step, there needs to be a good index of escrows somewhere. We'd have even been ready to pay to see a detailed lists of escrows, their trust rating, and what kind of business they accept.
Step two: Having the escrow accept us. Most escrows did not want to be associated with IPOs or with people who decide to remain anonymous because they are the ones who look bad if the IPO fails or ends up being a scam. We offered a testnet wallet to prove that we were real, but all but two didn't even want it and stopped their business with us at this step.
Step three: We had only two escrow options left. One of them was not looking serious enough however. We believe that he was probably a scammer, as he was offering to do it for 0% fee and without any cost. In our eyes, this was extremely suspicious, and felt like he was just waiting for an opportunity to run away with some big money.
Step four: The escrow service we were left with is a semi-automated service. For small escrows, they have a website, but they are ready to handle big escrows like IPOs for us in exchange for 1btc in advance and a fee of 1%. We also have to keep track of investors ourselves, and tell them who to give the Sparks to. This might sound like a lot of negative things, but there is a much bigger positive with them: They were willing to give us a real life identity and prove (through a bank payment of 0.01$) that they are the two persons they say they are.
Communication with them is not easy as they are in an asian timezone and are slow at writing english in real time chat, but when we take our time we can understand ourselves just fine. We did not even ask for the real life identity verification, they offered it themselves, and we appreciated that gesture a lot.
Okay, well. Your answer still doesn't convince me. Why should you trust some random (?) Chinese guys? I'd rather give you my money directly, than give it to an unknown (?) Chinese company.
Sorry for being sceptic, but it's money we're talking about. I'm willing to invest 1 BTC in your project, because i do believe it has big potential, but with an escrow like that? Hmm...
Do they have references? Did other people already used their services at this board? You can always send me a PM if this is too much offtopic.
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