Can an Escrow be a guarantee?

[crenfrosck]

Well, building trust is a very complex and difficult thing to make and MAINTAIN, so if I am in their position, I would not try deceiving people who put their trust in me because of the reputation. Long term gains usually exceed shorter ones and you are going to be ostracized by the whole community, which is definitely not worth that try. I believe they have seen more than we do and therefore they accepted the offer, or they are playing a very risky game which they can not win.

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[mcTether]

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 still don't understand how this escrows work. I recently came across a bounty campaign that suggested paying the participants through escrow too. Also, I would like to know who will be in charge of the escrow because I think the tokens won't automatically transfer to the users wallets.

[passwordnow]

If it's on this forum, it can be an assurance that the funds for that bounty is escrowed and it's a plus for bounty hunters. Because there's an guarantee that all of your efforts will be paid through the funds on the escrow.

But it doesn't guarantee that the project is legit/scam, there are scammers that make sure that their project are well advertised by well known people and in the end, they will scam investors. The best that you can do is to know more about the project.

[Lagduf]

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.

Still it doesn't meant to be that project is worth to invest just because of they hired a trusted person on bitcointalk,you also note that the trust system can be abused so don't just trust the people with green score on their profile just click the trust and get to the reference as well.

The fact that the project will be useless if that was even using escrow. Remember there was a case in the past when an ico gets run with a lot of money after the escrow makes a mistake.
We must put a lot of attention to the ico and do a lot of research before we can trust it.

[maaldaz]

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?

By using an escrow, that would be less possibilities that the project owner will run away without paying the bounty or abandon the project and take away all the money, but instead the escrow who has a hold on the fund will be able to distribute the coins/reward to the bounty participant.

[robelneo]

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's not the determining factor, but one of the signs that the site is doing it's best to make the project as legit as possible, it's still the people that's running the site that matters, if their reputation, is good then they will launch and complete their roadmap, but if they have a bad intention, then your money is gone.

[chichidori]

It has higher chance that the project will not be scam only if you also know who the escrow is even if it has a good positive trust everyone should do there own research, trusted escrow on bitcointalk have diminish since The ICO exploded.
 

[laurencef34]

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?

IMHO, escrow is a legal situation where the money is stored by a bank but temporarily doesn't belong to anyone. In a normal transaction, money goes to the seller and property goes to the buyer and its all over. Sometimes, especially with real estate, there needs to be a delay while all of the promised nature of the property is verified. During that delay, the buyer has to provide the money to prove they're serious about buying, but the seller shouldn't get the money until everything is checked out. The money, therefore, is set aside for a while and belongs to neither person. During that time, the bank holds on to it with promises to give it to the seller if everything checks out, or to give it back to the buyer if the property isn't what was promised. Therefore, a guarantee was made and protects both the buyer and the seller. Well, got to go now as I resume monitoring my live trading session. Best of luck!

[BADBITCH]

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?

Do you mean there is an escrow between the dev team and the bounty team ?
Escrow is good it ensures that bounty hunters get paid

But when the team and dev are not visible; it could mean that the bounty hunters could get paid worthless tokens after all

Bounty hunting is not about earning tokens, but about earning worthwhile tokens

[Tipsters]

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?

Depends on the 3rd party escrow. If the person has green trusted on forum then you'll lucky its legit. If its scam that person, will go down immediately as scam and hoax can't be tolerate here in forum. The people who hides in anonymousity is quite scary to invest with but remember Satoshi who creates the number 1 crypto is still unknown.

[fasdorcas]

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.

Well it depends, what if it is a bounty program as a lot of people are not scared of participating in bounty programs now due to the alarming rate of scams getting involve.

It could be a proof or show that if the bounty hunter finishes, funds or tokens are already secured through escrow to be released, though I still wonder how escrow service can work for investment, because the work of the escrow is to hold the fund until it has been confirmed that services has been rendered, in this case, services can’t be rendered without the fund being released to execute the project so how does it work for investment ?

[boris singer]

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?

Depends on the 3rd party escrow. If the person has green trusted on forum then you'll lucky its legit. If its scam that person, will go down immediately as scam and hoax can't be tolerate here in forum. The people who hides in anonymousity is quite scary to invest with but remember Satoshi who creates the number 1 crypto is still unknown.

strange if escrow accepts offers from projects that structurally have data obscurity, especially those involving teams and developers. reputation will be at stake if escrow makes a blunder with details of the project that are not strong even though they act as guarantor. I am sure there are special considerations from those who accept the offer and can be considered right based on their perspective.

[BTCGOLD]

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?

Unfortunately, escrow will never give full security. It happened in past that Bitcointalk users with very large number of trust points disappear with the money. You can always divide the risk and ask for escrow half one user and the other part the second one, and even do it with three or four escrows.

[valek.bruno]

As I understand it, many projects can be really guaranteed, but today there are very few of them. Very few people who would be able to become guarantors in the transaction. Therefore, I now see a process that in general has life, but the whole thing is in the number of normal ideas on the market. They are terribly small.

[pidie]

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 my opinion, escrow cannot be a guarantee, if a project does not have a team and dev but uses escrow, I think the project is a fraud. because if a project is good then there are teams and dev that are shown so that other people believe in a project to invest.

[bitgolden]

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?

One of the most effective and reliable way to invest is to look for the ones that offers escrow service except the escrow management are scam themselves or another division of the same coin you wish to invest it but other than this.

I think it is very safe as escrow transactions are the most reliable way if you are to overcome crypto currency market volatility, escrow transaction will surely ensure that the trades or transaction of the user is executed in a secured and timely manner but I will still advice you make thorough findings about the project before investing.

[valuater]

depending, for example, they are firing their tokens / coins, not necessarily that the coin will have value, it could end up being rubbish, but at least that illustrates that the transaction is safe if you look at it better to consider it again before joining the project

[Wayrey2020]

And how sure are you they are not the owners of the project calling their self escrow, no one is worth to be trust these days, just do your own research about the project and believe in it. The rest is lucky even most good project don't end up doing well but in time they might be great.

[daarul50]

Not all of us who use ESCROW can we trust because it is possible that the party providing the escrow service is also exposed to fraud from a project. The escrow service is essentially a business, when an agreement is reached regarding the payment of the services they provide, the escrow service will clearly accept the project even though they do not know that the project will eventually experience a scam because escrow parties only do business and they will provide services when the project benefits them.

[takngantuk]

As long as Escrow has a good reputation, I think it can be a guarantee. Quality projects will definitely use Escrow to make investors more trustworthy. but now it's quite difficult to find projects like this. most projects currently do not use escrow.