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Author Topic: Can an Escrow be a guarantee?  (Read 21342 times)
tippytoes
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February 11, 2019, 09:44:54 AM
 #21

You will never know, that escrow might be one from the team. The reason why they are anonymous and just use one of their accounts here. Unless, the escrow is a known reputable member in this forum.
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klaaas
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February 11, 2019, 09:54:20 AM
 #22

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?

No, It is strange at least that there isnt a team/dev noted. A escrow would decrease some risks when holding the dev funds for example but it boils down to how much you trust the escrow handling it.

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Absolutep
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February 11, 2019, 09:55:33 AM
 #23

I don't think an escrow been part of a project is good enough to believe that a project is not a scam, you need more than that and that is why you need to do more research about the project.
mirawantirinjana (OP)
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February 12, 2019, 10:29:08 AM
 #24

I don't think an escrow been part of a project is good enough to believe that a project is not a scam, you need more than that and that is why you need to do more research about the project.
so the possibility that this project is a scam is still very large, even though the token for payment for the entire bounty hunter has been held by an escrow but that is not a guarantee that the token will not become shitcoin.
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February 12, 2019, 03:42:42 PM
 #25

Even if they have escrow and acting in good faith, I would still stay away from that project. With an anonymous team, I doubt that they will be able to win investors confidence. It's going to fail.
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February 12, 2019, 03:45:13 PM
 #26

In general, Escrow itself should have such guarantees, but of course in our world there is nothing 100% guaranteed. Therefore, I believe that now it is necessary to take these risks, which in any case exist despite escrow
mirawantirinjana (OP)
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February 13, 2019, 10:53:10 AM
 #27

In general, Escrow itself should have such guarantees, but of course in our world there is nothing 100% guaranteed. Therefore, I believe that now it is necessary to take these risks, which in any case exist despite escrow
Escrow who handles this project already has a lot of positive trust. although I also understand that Escrow is not a guarantor that the project will be successful. however, a minimum of tokens allocated to bounty hunters has been held by an Escrow.
sabine80
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February 13, 2019, 11:13:01 AM
 #28

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?
an escrow is certainly no guarantee that it is not a scam. it only guarantees that the participants are really paid by the escrow, but nothing more. so despite escrow you should be careful, especially if the dev team does not show up.
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February 13, 2019, 11:16:11 AM
 #29

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?
An escrow is used to pay the bounty participants,I don't think there ia no assurance for the investors but you can trust them I hope, because normally trusted member will not ruin their reputation for some bucks.

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February 13, 2019, 11:25:45 AM
 #30

Only if the bounty manager is the holder of the wallet on which payments are reserved, in this case the project may well be worth it.
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February 13, 2019, 11:28:52 AM
 #31

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?

Interesting solution.. but I don't understand why dev team want to stay anonymous if the project is legit.
About escrow - In my opinion there not exist 100% sure third part.
The key to this situation is answer to the question why they use this kind solution for project?

Ararbermas
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February 13, 2019, 12:25:27 PM
 #32

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?
if the project provide escrow then it will not scam you especially if the escrow is trusted one here in forum . Which is only the owner of the project will be the problem .  But no need to worry because automatic escrow will published a post once the owner tolerate to release the payment and as soon as possible the one who contacted the escrow will be banned or will earn red trust here in forum. 
tamango
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February 13, 2019, 12:28:02 PM
 #33

You should be careful anyway but if escrow is a well known and trusted one this is a good sign for sure.. personally I take always in considerations projects that have such escrow.
Quintrix
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February 13, 2019, 12:31:14 PM
 #34

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

It still goes up to the project, if the project is not good and turned out to be a scam then escrow is useless, you are going to get a token with no value and all works and efforts will go to waste, although escrow is a good indication but only one of the indication.

Imoote
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February 13, 2019, 12:59:57 PM
 #35

I am a little doubt that the dev and the team are not visible even though they have good escrow for their support, because the party in charge is not visible and only relies on escrow, that is, I am a little doubtful if there is such a project.
graffix
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February 13, 2019, 01:15:53 PM
 #36

yeah, that's a really good thing to discuss. But I hope we can trust members with positive trust. that kind of people doesn't need to get black mark around here. So I think they will not represent an unknown party without proper transparency. I believe in escrows with positive trust.

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February 13, 2019, 01:22:29 PM
 #37

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?
Escrow will not be able to solve the problem that the project may be scam or not. It only ensures that you will definitely receive a token after the bounty ends, but whether or not the project succeeds must depend on the team


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chipzeru
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February 13, 2019, 01:28:03 PM
 #38

The project is likely not a scam if they're using reputable escrow, but still there's a possibility for that project to be scam since the project is not showing their team, even with escrow service. But in my opinion, a reputable escrow won't accept project with non visible team.
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February 13, 2019, 01:30:27 PM
 #39

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?
Escrow will not be able to solve the problem that the project may be scam or not. It only ensures that you will definitely receive a token after the bounty ends, but whether or not the project succeeds must depend on the team

I think if you see the reputed escrow user is involved then the scam option is very less. But the next point of project after completion whether going to list in exchange or not is another problem which escrow cannot handle.
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February 13, 2019, 01:31:04 PM
 #40

if the project uses escrow with positive trust it is likely that the project will not be a scam, because their money has been sent to escrow, it is likely that a scam can be from that escrow. because a good reputation cannot be a reference.

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