Farma
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February 13, 2019, 01:31:09 PM |
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honestly, escrow will be a trusted guarantee if done by the right person. Having Escrow will make a business more reliable, especially in the bounty and signature fields. as far as I know, it really can make people more trusting, especially if it can be seen.
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izanagi narukami
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February 13, 2019, 01:38:09 PM |
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When they decide to use escrow, they are that they are serious enough but it's not guarantee that the project success or not. Remember that the project can be success depend on how they able to gather investor and explain the advantage of their project.
Personally when I selecting new project, I prefer the project that use legit escrow. At least , it's become the great start for them !
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martin1221
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February 13, 2019, 01:44:05 PM |
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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?
The presence of an Escrow shows the commitment of the project to fulfill their promise to investors. Although this provide some sense of security to investors, it is still not an assurance about the success of the project. So it is still important to know more about the project to ensure its potential in the future.
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Betwrong
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February 13, 2019, 01:59:35 PM |
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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. Keep in mind that those tokens can worth nothing in the end. If the escrowed funds were held in BTC by someone with a lot of positive trust, it would be another case entirely. Whether the project successful or not, you would still get the payment for the job. But with tokens you can end up receiving $10 worth of tokens for 2-3 months of working for the project. Demand partial payment in BTC.
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CryptoAssasin
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February 13, 2019, 02:07:31 PM |
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Using an escrow when participating to an ICO or a project is actually one of the best way to determine if your funds will be safe or not when you choose to invest with them but having no information with the team members and DEVs of that project is a red alert for me. Doing deeper research is still a must and trust issues when investing are always a problem. If I were you, I won't invest to a project with an unknown information.
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fallensky7
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February 13, 2019, 02:18:43 PM |
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That's right! Escrow can only guarantee the receipt of coins, but not their relevance in the market. If a team believes in its project, then why should it hide its faces? We must be careful
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seggardinggins
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February 13, 2019, 02:22:45 PM |
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If there are projects that are not visible to TIM and DEV, we need to be suspicious because there is a high probability that it will be a scam or a fake project. TEAM is the strongest reason, given the ideas that emerged from the TEAM, but that does not mean I say it is 100% fraud, we must increase our awareness so that we are not trapped in it. there are many important things to consider, analyze as much as possible before participating.
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khufuking
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February 13, 2019, 02:25:32 PM |
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There is some situation where escrow acted wrong, having an escrow is not enough to prevent the scam it also depends heavily on which escrow you are talking about I do not think any trusted reputable escrow will agree on escrowing the money for an anonymous team behind an ICO unless there is very strong reason behind their anonymous thing, in my opinion just stay away from this project and find a better one where you can see the full team details and their profiles.
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jagaban
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February 13, 2019, 02:26:53 PM |
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It depends. If the escrow funds is an already trading coin then it will probably be okay. But if the funds is in the tokens belonging to the project, then its still a risk because at any point the team can decide to stop the project or exit scam. Of course you will still get your tokens but it won't be worth shit anymore so no point in the end
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funchiestz
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February 13, 2019, 02:31:22 PM |
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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 you should ask them to why they don't use smart contracts? It is easiest way of distribute. But it should be support smart contract of course. (I assume it is Ethereum based)
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LeetPoolsOP
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February 13, 2019, 02:40:58 PM |
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it all depends on what kind of idea this project has. There are many projects that do not have a team, but the project is successful
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JayCue
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February 13, 2019, 02:54:23 PM |
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If the escrow is legit and has good ratings from its past projects then it might be legit. But be aware that there are projects who's team are also part of the escrow team that sounds 'fishy'.
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yescrypto
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February 13, 2019, 02:59:05 PM |
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And that doesn't guarantee you that you can trust them just because escrow is involved, the thing is project with real identity dev also find a way with people money, so as far the escrow is also human being it really hard to trust them. Just be careful of what and where to invest in, they're all good and bad.
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bassbity
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February 13, 2019, 03:08:35 PM |
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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.
I see an account with her positive credentials being a very safe escrow guarantee, if dev doesn't show up with escrow services it can also convince everyone.
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Teamfearless
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February 13, 2019, 03:19:18 PM |
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Nothing on this earth has a 100% guaranteed .. But the fact that you dont know the team and the Dev doesn't mean you shouldn't trust , most at time You have to check the value of the Escrow platform and its reputation .. If a Project is Doing Escrow with bitcoin-talk there is no need for me to think about the anonymous of Team or DEV all i have to think is the reputation of bitcointalk platform and the Team member .. But if the Escrow Team is anonymous and Project Team is Anonymous there is no way i can trust the project ..
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Classica35
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February 13, 2019, 03:47:55 PM |
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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 do not just trust any escrow, since i don't know them personally. I also once participated in a people that said the token to be paid are with escrow, yet it turned out to be scam. If you ask them to present proof of the escrow details, they will, yet it might still be fake. If any project is talking of using an escrow, they show use the admins or moderators on forums like bitcointalk.
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lobo13hf
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February 13, 2019, 03:48:39 PM |
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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?
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. Escrow hold the funds and if this working properly and then it might put the more protection to the investors. You can see that it will give us a lot of transparency about the platform. They don't have access to the funds and they must do the best to get it.
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Niam_bakri
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February 13, 2019, 03:51:01 PM |
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I see an account with her positive credentials being a very safe escrow guarantee, if dev doesn't show up with escrow services it can also convince everyone.
you are right, there are some escrow that can be chosen by the developer. but unfortunately not all developers think that, if they use escrow, from the point of view of investor confidence or bounty it will be very large. and that can strengthen their community.
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yrrehc16
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February 13, 2019, 03:51:35 PM |
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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 an addition to the trust as they escrowed the funds. though you dont know if the account used is a bought account. It is better to make research about the ICO and their project. include the team members. You should look for it and not just the funds.
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jan.nicolas
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February 13, 2019, 03:56:46 PM |
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Guarantees are clearly not about financial markets, although of course you have the opportunity to get insiders, then of course there are opportunities to reduce the risks that today still have to be correctly assessed.
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