Suggestions for escrow service

[escrowmycoins]

Hey everyone, i am looking for some suggestions for an escrow service we are launching.
Drop your ideas below 

[NeuroticFish]

Hey everyone, i am looking for some suggestions for an escrow service we are launching.
Drop your ideas below 

I guess that the first things you will need are knowledge to use 2-of-3 multisig wallets, some "trust" to get people start using your service and probably some advertising too.
Also keep in mind that there are quite some people on this forum that already do escrow and you may have to work quite a lot until you'll get to match their "trust" rating.

[GbitG]

Hey everyone, i am looking for some suggestions for an escrow service we are launching.
Drop your ideas below 

Its not easy job because its need some good trust for escrowing no one going to use this very quickly you must do some good marketing spent some good time here on this forum NeuroticFish a lot work need from you for this all recently some good cut in use of this service due to some good alternatives.

[SFR10]

Hey everyone, i am looking for some suggestions for an escrow service we are launching.
Drop your ideas below 

Nobody can give you accurate answers unless we know what exactly you're working with ^{[you might want to draw a clear picture first]}...
^{- Asking for suggestions is a good[ish] start but if you don't possess a self-identity of some sort, then what's the use in launching such services?}
I wouldn't mind seeing additions to this field ^{[there's always room for more]} but it's getting harder and harder to see someone else's motivation when it comes to launching such services ^{[sensitive subject]}.

[LoyceV]

an escrow service we are launching.

Who is "we"? You can't just start an escrow service without being trusted. A good rule of thumb would be you should be trusted enough to have been asked to escrow many times long before you offer the service.
I've been asked only a few times.

[escrowmycoins]

The question is a bit vague, so i only can suggest common advice,
1. Be specific about your escrow fee.
2. Mention what kind of transaction you're willing to escrow.
3. To build reputation, some escrow offer their service for cheap or free.
4. Mention what platform do you use to communicate, such as this forum, telegram or your website.

Hey everyone, i am looking for some suggestions for an escrow service we are launching.
Drop your ideas below 

I guess that the first things you will need are knowledge to use 2-of-3 multisig wallets, some "trust" to get people start using your service and probably some advertising too.
Also keep in mind that there are quite some people on this forum that already do escrow and you may have to work quite a lot until you'll get to match their "trust" rating.

This is good idea, but since not everyone have experience with multi-sig wallet, you must be prepared to guide those who never use it.

Thanks!

an escrow service we are launching.

Who is "we"? You can't just start an escrow service without being trusted. A good rule of thumb would be you should be trusted enough to have been asked to escrow many times long before you offer the service.
I've been asked only a few times.

I mean, i am not going to escrow people with my account, but i have built a user-less straight forward escrow platform. Once deployed, i will work on building trust.



[moderator's note: consecutive posts merged]

[Vod]

but i have built a user-less straight forward escrow platform. Once deployed, i will work on building trust.

You have not, and your continued bullshit is untrustworthy.

[Theb]

People who would likely want an alternative are people who are looking for a fast, automated, and reliable way of escrow service which fortunately for your is the crypto industry is currently lacking. So IMO people who will be looking for an automated way of escrow service is also looking for anonymity/privacy in which they will most likely expect you not demanding any kind of KYC process under you which is one of tricky parts since for legal and regulation requirements you might need to do. Aside from privacy they will also look for your reliability in which you need to separate your service from the traditional ones. Now for you about gaining trust I think the quickest way to convince someone on using your service is through you showing that you are a legally operating escrow service with the proper identifications, showing the identity of the main team in your website, and giving as much information as you can like company address, telephone number and other things that will show that you are a real company.

[escrowmycoins]

People who would likely want an alternative are people who are looking for a fast, automated, and reliable way of escrow service which fortunately for your is the crypto industry is currently lacking. So IMO people who will be looking for an automated way of escrow service is also looking for anonymity/privacy in which they will most likely expect you not demanding any kind of KYC process under you which is one of tricky parts since for legal and regulation requirements you might need to do. Aside from privacy they will also look for your reliability in which you need to separate your service from the traditional ones. Now for you about gaining trust I think the quickest way to convince someone on using your service is through you showing that you are a legally operating escrow service with the proper identifications, showing the identity of the main team in your website, and giving as much information as you can like company address, telephone number and other things that will show that you are a real company.

Indeed, i got most that covered, i am just in need for a partner(s) (not financially)  to take on the development (DevOps and server administration).
For the company, i am thinking of incorporating it in Malta, but will review my choices.

[escrowmycoins]

but i have built a user-less straight forward escrow platform. Once deployed, i will work on building trust.

You have not, and your continued bullshit is untrustworthy.

I am not sure what bull**** i am doing, all i am asking for is suggestions to take in place before deploying the platform.

[Vod]

but i have built a user-less straight forward escrow platform. Once deployed, i will work on building trust.

You have not, and your continued bullshit is untrustworthy.

I am not sure what bull**** i am doing, all i am asking for is suggestions to take in place before deploying the platform.

Then please look at what I quoted.  If you have built an escrow platform that doesn't rely on users, let's see it.

[escrowmycoins]

but i have built a user-less straight forward escrow platform. Once deployed, i will work on building trust.

You have not, and your continued bullshit is untrustworthy.

I am not sure what bull**** i am doing, all i am asking for is suggestions to take in place before deploying the platform.

Then please look at what I quoted.  If you have built an escrow platform that doesn't rely on users, let's see it.

I must correct you on that, but a user-less platform means that it does not require any registration, so opening transactions is just straightforward.
I am working on implementing 2-3 multi-sig, but trying to find a way to make it easier for buyers and sellers to use it.

[Vod]

I am working on implementing 2-3 multi-sig, but trying to find a way to make it easier for buyers and sellers to use it.

So you have not "built a user-less straight forward escrow platform".  And you cannot build it.   

[escrowmycoins]

I am working on implementing 2-3 multi-sig, but trying to find a way to make it easier for buyers and sellers to use it.

So you have not "built a user-less straight forward escrow platform".  And you cannot build it.   

I did build it, just trying to find a way to add 2-3 multi-sig as NeuroticFish said that's all.

[Theb]

~snip
Aside from privacy they will also look for your reliability in which you need to separate your service from the traditional ones. Now for you about gaining trust I think the quickest way to convince someone on using your service is through you showing that you are a legally operating escrow service with the proper identifications, showing the identity of the main team in your website, and giving as much information as you can like company address, telephone number and other things that will show that you are a real company.

Indeed, i got most that covered, i am just in need for a partner(s) (not financially)  to take on the development (DevOps and server administration).
For the company, i am thinking of incorporating it in Malta, but will review my choices.

Incorporating it on a crypto-friendly nation would definitely a good route to go into but I think I need to remind you that if you go this route some potential markets for your business/service might not be allowed in some country. For example US Citizens aren't allowed to use your website if your business is not properly registered in US, this is what happened to Binance that is why they have to pull out and re-enter back in the US last year. Other countries might have the same domestic law as the US and you need block their IP addresses as it would be illegal in your part if you allowed their citizens to use your service. For having partners I think the best way to go is to just incorporate your company first and then look for investors/partners after since it is the same principle as you having customers they won't just catch your train without any kind evidence that you are legally running.

[Stalker22]

Something's really not clear here.
You're saying you made "a user-less straight forward escrow platform" but you have nothing to show, except a few registered domains, and you're looking for a partner(s) to take on the development? Development of what exactly? And what suggestions do you seek if you don't want to show even what you currently have?

And, why are you using unicode characters in your signature?

[LTU_btc]

As I understand, you're making escrow service outside Bitcointalk. Personally, I prefer escrow services offered by Bitcointalk members. But there issue when dealing with people not familiar with Bitcointalk, they tend not to trust in these escrow providers.
If you're looking for suggestions, I won't say anything new for you. First, you need to build your reputation first that people would start to trust in your service. And you have to prove that customer funds is well-secured on your service.

[escrowmycoins]

Do you want to make bitcointalk escrow service or public bitcoin service?
if your site service for the forum it is easy, you need to deposit some Bitcoins for trusted member(s), and then centrally manage the site.
If any problem occurs, the member can open a report in scam board and the trusted member(s) will release extra escrow amount.
It will make the fees less and the process automatic.

I see, so basically i will be opening a website and not doing escrow on bitcointalk.
I will try to see how to secure the funds in case of a hack, so all users can be refunded.
Thanks for the advice.

[escrowmycoins]

Something's really not clear here.
You're saying you made "a user-less straight forward escrow platform" but you have nothing to show, except a few registered domains, and you're looking for a partner(s) to take on the development? Development of what exactly? And what suggestions do you seek if you don't want to show even what you currently have?

And, why are you using unicode characters in your signature?

The website is ready, i am just looking for a partner to build the infrastructure for it (DevOps/networking).
Suggestions are based on need, so what do you need exactly from an escrow service?

[Maus0728]

The website is ready, i am just looking for a partner to build the infrastructure for it (DevOps/networking).
Suggestions are based on need, so what do you need exactly from an escrow service?

Any screenshots of the draft of your platform? Since you're saying that it is all ready, there's no other reasons to not at least showcase us with what would people expect on your platform. Also, showing it would even create up more fruitful suggestions which would help your business.

And with regards to escrow services, it is really preferable to let people know who you are and/or any background and proof of legitimacy of your business. Escrow servicing - that accepts fiat and physical escrow services, must establish a good reputation first. Start on little price, little services, instead of jumping on making website and insisting people to trust your starting services.

Quick security suggestions: you can secure money by providing unique crypto addresses for each transaction you made rather than holding it on a single address. You can also use multiple ledger wallets, which you must invest, to provide a better security towards the money you hold.