Who are the people behind this coin and will you offer an escrow,recent events tell us if there's no reputable esrow it is the first warning sign although the ICO is not set up in a hurried,we have enough time to figure out who are behind this and if it's worth it..
You can find more information about the Adel Board and staff through the
website. Included in the team is Dirk (l8orre, the person who posted the ANN), and myself (Travin, aka marenkar), both Board Members of the
Nxt Foundation.
Regarding the escrow, Adel will not be using an escrow account in the classic sense (i.e. whereby the ICO funds are collected by a trusted third party and after the ICO will be released to Adel). Instead, funds will be collected and secured in cold storage. Access to these funds, in order to transfer a portion to the hot wallet, will require all three Board signatories. To protect the security of the community funds only a small portion of funds will be available in a hot wallet. Regardless the hot wallet will require the signature of all three signatories to approve any fund transfer. Furthermore, Adel will implement a backup of the private keys in the notary, in the case of a Signatory's death, injury, or permanent loss of their community functions.
And yes, it's about 3 months until the ICO so there's a lot of time to look into our background.
More team members will be posted shortly as well.
