mirawantirinjana (OP)
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February 11, 2019, 04:08:37 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
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tuanytcc
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February 11, 2019, 05:12:26 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
It is very hard to find the solution way when happens dispute issues if their team and DEV of project don't appear. You should be careful to decide
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Indrawan77
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February 11, 2019, 05:20:46 AM |
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Its better to check the project more details, an escrow can be a good indicator especially with a positive trust but we still need to see the team and developers, its one of the important thing to check in a project, so I think I wont join the project if the developers team refuse to show up
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lukeburchill
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February 11, 2019, 05:32:42 AM |
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atm, isn't be confirmed 100% scam/not, but almost all members in this forum are very scared of red paint so that positive trust will at least guarantee.
if later the project is a scam, some participants can open threads on Scam Accusations and for escrow (a person) can open threads on Reputation
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bittraffic
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February 11, 2019, 05:33:01 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
Its possible that it isn't a scam but there are still things to consider about it like what was being escrowed, was it BTC or some tokens they created like ERC20 token? The point being said is that most of the reputable people here prefer to be paid with BTC so that the team has something to guarantee to the bounty hunters and investors.
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cissrawk
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February 11, 2019, 05:47:00 AM |
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If the escrow is reputable, then it probably not scam. However, project that not showing their team is a bit shady, even with escrow. May i know what project is that? And who's escrowing them?
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JeffBrad12
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February 11, 2019, 07:09:04 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
As long as the escrow hold all of the funds and that will be safe but remember the escrow must never try to send any amount to the developer until it will prove itself with some progress on the development. This is having a big risk for me personally.
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Bttzed03
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February 11, 2019, 07:14:47 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
That is interesting. This is the first time I've read a team do this. Anyway, setting up escrow signifies that they are acting in good faith. But from past experiences of anonymous teams, I would suggest to be very careful with them. While they could be legit, the project might not take of because community might not be confident enough to invest.
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CLywaTeLb
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February 11, 2019, 07:20:24 AM |
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In addition, even a green trust can have its price... The transparency of the team and its actions regarding the project should be.
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bitmover
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February 11, 2019, 07:21:22 AM |
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The escrow is a good indicator about the bounty payment. Not about the ico itself.
He ico may be a total scam, and they still pay you with their fake money in the bounty
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lllaqpt
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February 11, 2019, 07:22:04 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
And then themes appear, they delayed payments, they applied KYC, so there is nothing ideal in this area, there is deception everywhere.
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bit-freedom
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February 11, 2019, 08:26:24 AM |
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Having an escrow only guarantee that you will be receiving the tokens. To determine whether project is scam, I guess you have to look into more aspect such as the business model and why is the team anonymous. It is better not to invest if you have doubts in the project.
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Adhichan
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February 11, 2019, 08:49:39 AM |
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Having an escrow only guarantee that you will be receiving the tokens. To determine whether project is scam, I guess you have to look into more aspect such as the business model and why is the team anonymous. It is better not to invest if you have doubts in the project.
at least their show their commitment to their investors that their projects will not going anywhere after receiveing money from investors.as we know now many projects lie to their investor and going run after they get money from us.
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rijaljun
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February 11, 2019, 09:02:53 AM |
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A trusted escrow service is only ensure that the fund will be used for what a project said to people. But, it doesn't guarantee that the project deliver their plans or roadmap. It means a project can still scam their investors by not delivering what have been planned.
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as9ardia
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February 11, 2019, 09:04:39 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
I don't know what others opinion (SCAM/LEGIT) but I do some research about the project and found some interesting for me. and they decide to not showing developer teams is because privacy ( u can join their telegram group and you will find the reason) I guess the project is same with signature that i wear. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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romero121
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February 11, 2019, 09:28:40 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
There are few trusted escrow service rendering members in our forum. If they've been taking responsibility then it is good to be a part of the project. Apart from that it isn't good to get into traps of users who render escrow services. Those trusted escrow renderers of our forum won't accept if it is a scam project.
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shirackjs
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February 11, 2019, 09:32:33 AM |
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The team might want to be private because of some reasons. Why don’t you ask the team directly? With escrow, it is adding reliability to team willingness to distribute token after ICO.
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Ranly123
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February 11, 2019, 09:35:17 AM |
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I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
I think that the escrowed project is more trustworthy and less prone to scam because the devs will not handle the campaign. Most likely, the escrow is responsible for giving the bounty on time as contracted to the bounty hunters.
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nydiacaskey01
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February 11, 2019, 09:42:16 AM |
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Depends on who will be the escrow. First question is who is the escrow, is he/she in anyway related to any of the developers or owner of the project. There was an issue here before about "self escrow", the seller of the item is the escrow by using another account and this is also possible on those projects since its easy to grab someone else's picture and create a new name and that scenario is not far from happening.
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Turkish88
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February 11, 2019, 09:43:18 AM |
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In what currency escrow keep funds. If it token of ico project then its not guarantee nothing
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