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Author Topic: Can an Escrow be a guarantee?  (Read 21342 times)
Osayo
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February 17, 2019, 08:26:39 AM
 #81

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 wonder how such an escrow will function effectively to prevent a possible scam on the project. The escrow cannot be a guarantee and you must be careful about investing in any project with an anonymous team.

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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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February 17, 2019, 09:40:00 AM
 #82

We can't assure, they dont choose a victim even escrow the scammer will not hesitate to attack. If escrow it is better than other campaign, if you say escrow the allocation token is secure that  it will distributed to the hunters. The only thing which is the same to the other project is the exchange listing. On that thing dev. Team is one to decided the listing but atleast the token is distributed and the waiting towards fiat is not too long.
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February 17, 2019, 12:42:50 PM
 #83

Unfortunately there is no guarantee in this market. When we look at it taking into account that escrow really makes a lot of sense in this market. I definitely think it should be done.
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February 23, 2019, 11:53:44 AM
 #84

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 the project with non visible team.
Yes, if the Escrow is reputed then it will only accept the team which has the transparency.

I can be wrong but I don't think this is how it usually works. If the Escrow is reputed then the escrowed money will be paid to the participants in compliance with the work done, and the team, even it has bad intentions, can't prevent that. The only bad thing that can happen (and you can never say whether it will happen or not in advance) is the price of the escrowed tokens can decline rapidly after the first appearance of them on the market. But that's technically not a scam, more like just bad luck. To avoid something like this, escrowed funds should be kept in BTC or ETH at least partially, at least 30% of them. Receiving 30% of the expected payment would be still better than nothing.

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February 23, 2019, 04:02:47 PM
 #85

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 it is not so clear and you cannot trust them using any form of escrow as stated, it is better you go for another bounty that looks clearer to you.
What is the essence of hiding the team, if there is no hidden agenda.
I  believe in transparency wen it comes to investing in a project or participating in its bounty. I must know  those I am dealing with. Even the escrow in question, you do not know him.
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February 23, 2019, 04:21:15 PM
 #86

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?

What is the escrow token/coins? if it is BTC or ETHEREUM then its good.
But if the escrow one is the coin of the project then it is still not a safe one!
why? well anyone can be paid after the bounty, MOYA TOKEN for example, LOONIE also is the one.
All participants are well paid, though they did not continue to EXCHANGES, even the investors left scammed!
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February 23, 2019, 05:04:23 PM
 #87

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?
In principle, escrow is a big plus for the reputation of the project and definitely adds confidence to it, but it is absolutely impossible to guarantee that they will not turn out to be scammers. Escrow can only guarantee that bounty hunters or other participants of the deal will receive the previously agreed remuneration after performing previously agreed tasks.
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February 23, 2019, 05:16:06 PM
 #88

It may well be that if the escrow service is trusted and has a good reputation, then the coins listed in advance increase the likelihood that everything will be fine with the project, however scammers are very tricky guys and the coin itself may end up being a scam.

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February 23, 2019, 05:19:43 PM
 #89

Escrow means they are trusted third party who is holding bitcoin or tokens to pay the participants but they doesn't mean that project is worth to invest since escrow is also hired for doing the job nothing more.

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February 23, 2019, 06:02:39 PM
 #90

Escrow means they are trusted third party who is holding bitcoin or tokens to pay the participants but they doesn't mean that project is worth to invest since escrow is also hired for doing the job nothing more.
In any case, I’m on the path to Bitcoin storage by many reputable companies, as a great prospect of the entire cryptocurrency market in the near future, as well as in the distant future. And I hope that all this will affect the development now.

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February 23, 2019, 06:15:20 PM
 #91

As long as Escrow agent has a good reputation and the Escrow agent holds the money, I think the participants don't have to worry because they still get paid even if the project will scam in the next weeks. Using an Escrow is a must if the project wants to make the participants believe if their project is good and it could be a guarantee too for the participants. So if you're going to participate in one project, try to search for the Escrow so the payment will not have any problem.

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February 28, 2019, 11:16:56 AM
 #92

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?

Apart from positive trust what other criteria did you follow to figure out the the escrow is legit. This is money business and you have to be careful not to dive into the wrong waters

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February 28, 2019, 11:32:14 AM
 #93

The project team is a key criterion when selecting a project. You can have a great idea, but without good specialists you will not be able to implement it. Therefore, if I do not see the development team and evaluate their skills, then I will bypass such a project.
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February 28, 2019, 12:14:45 PM
 #94

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 they had a large margin enough to make people invest, why didn't they show up and disclose their information?
Why do they have to hide their information? all are just an excuse and they are trying to lure new investors. It is a scam and you should not invest in it.

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February 28, 2019, 12:37:07 PM
 #95

As long as Escrow agent has a good reputation and the Escrow agent holds the money, I think the participants don't have to worry because they still get paid even if the project will scam in the next weeks. Using an Escrow is a must if the project wants to make the participants believe if their project is good and it could be a guarantee too for the participants. So if you're going to participate in one project, try to search for the Escrow so the payment will not have any problem.
But their work is to just hold the token and distribute tokens to the bounty participants so which doesn't ensure the quality anyone can hire an escrow and created useless token to distribute so people investing on those projects are really wasting their money.

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February 28, 2019, 12:43:26 PM
 #96

As long as Escrow agent has a good reputation and the Escrow agent holds the money, I think the participants don't have to worry because they still get paid even if the project will scam in the next weeks. Using an Escrow is a must if the project wants to make the participants believe if their project is good and it could be a guarantee too for the participants. So if you're going to participate in one project, try to search for the Escrow so the payment will not have any problem.
But their work is to just hold the token and distribute tokens to the bounty participants so which doesn't ensure the quality anyone can hire an escrow and created useless token to distribute so people investing on those projects are really wasting their money.
that's wrong dude.we need really trusted people to hold and distributing token.not everyone can maintain trust from other people.moreover if they hold huge amount.if they could do this till end periode we could call them trusted escrow.
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February 28, 2019, 01:59:00 PM
 #97

Not every project with hidden team and dev are scammer. There's some loyal project stay behind the mask and still active and care with the community. So they are doing escrow with reputable escrow agent to prove us that they are serious.

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February 28, 2019, 02:04:01 PM
 #98

There are simply no guarantees and they simply cannot be. How can you still not understand this. Everything is very simple and very clear. In this market today there are no regulations that would guarantee us full success today. Therefore, we do not have big investors.
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February 28, 2019, 02:07:33 PM
 #99

It would be difficult to reach in a conclusion unless you have proper details.
I don't think a full escrow for an ICO of a new company would even be possible.
There are many other ways of increasing the transparency and accountability of an ICO and escrow is just one of the factor.


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February 28, 2019, 02:40:49 PM
 #100


a trust escrow does not mean that an ico can not fail , it means that the funds, the investments are safe and that if the project should go wrong they will be returned to the investors,however, the various devs of a project should put photos and public names

space available pm me if interested
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