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Author Topic: shasan's Escrow Service!  (Read 479 times)
SamReomo
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November 23, 2023, 11:59:54 PM
 #21

But the combination of the two services might be good for him since he has been in the lending service for some years now and with that he has the experience to deal and overcome the scammers and their technical know how. And whereby he hasn't get experience in the escrow service before this time, I will also advise him to focus on the leading service which he has more experience with, because scammers are subtle and we have heard and seen campaign managers escrow accounts were hacked all the funds were stolen. I believed even this year we have heard such bad news in the forum.

But if shasan can also face the risk and determine to do the service then it is good because practice make perfect. Therefore we should not discourage him but to encourage him. We wish you all the best @shasan.

Shasan is a risk taker because we all know that lending is a risky business and someone who has been actively doing it for so many years is pretty much good at risk taking. I know that Escrow business is a little bit different then lending business because in lending business one lends his own money while in escrow business one takes care of the money of the buyer and transfer it to the seller upon completed trade which's accepted by both parties. As shasan said that he has already been doing escrowing for sometime so I guess he won't face any issues by running this business.

I wish you best of luck shasan with your new business and I hope that you'll gain reputation in the world of escrowing overtime.

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tranthidung
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November 24, 2023, 02:40:04 AM
 #22

I am working as escrow which has been announced on the bounty thread but the thread is in archival mode. So, I am posting here based on the request of the bounty thread poster.
Signature:
Message: I will hold the funds of the campaign on 0x74894513e0eD3722Cc0ab977C4610Ff18300f55F
I will be responsible only for the funds I hold. I am not a part of the project so anyone who wants to invest do it at your own risk.

Wallet: bc1qe49zeuwmg8whqa26jgn5pzm6ul4fzpdccz9s4l
Signature: HwDNbKNa7sgJcIHa29nkDhYse0AVcQNtgsjRkiMr3aCLWJ/dx6JsJlozc9OXOTDh/WhtJfre9YXR8o4uMrvzNWo=

Edit: I have received 500 vsn tokens.
Note: Distribution fees will be provided by the team.
Verified. Thanks

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shasan (OP)
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November 27, 2023, 01:45:18 AM
 #23

What is the max amount you have held as escrow?  Whether you are trustworthy or not, I can't tell, but as a general rule, I wouldn't trust more than what you can earn in a year while in a sig campaign. So that would be for example, if you can earn $12,000 per year, anyone using your service should trust you with that much.
After a few years, you will gain trust as an escrow.
I will hold the amount which I can bear if I lose for any reason eg: hack of my funds account where I will hold the escrow fund. The amount till now in my mind is up to 10k$.

It is not a fact what you think and what is the maximum amount I can hold as escrow? All the community will not use me as an escrow and only those will use me as escrow who can trust/rely on me for the fund.

I have not too much experience in providing escrow.
This is slightly concerning, although you can't really gain experience without doing it. Have you read Best practices for Bitcointalk escrow providers? I've seen bad mistakes made by "highly trusted" escrows in the past.
Add the case where a hacked account got a $1000 loan from you without signing a message, and I'm even more concerned about your attention to details acting as an escrow. Please be careful Smiley
I had not seen but checked that OP. I usually do not ask for a signed message for a loan as a lot of users still using an exchange wallet. For loans I check
1. Recent Activity
2. recent merit
3. password changed or not
4. Email changed or not
5. Joined on any campaign or not and working on the campaign from when I usually check 4-5 weeks on the spreadsheet.
But for escrow, if it is any campaign then there is no problem as recipients will be from the lists of the participants. But if it is P2P then I will take the return wallet at the time of the dealing post or I will take the signature. For P2P I will never make any final deal out of the forum. I may discuss out of the forum but the final deal will be a must on the forum.
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January 12, 2024, 05:31:33 AM
 #24

The loan business you have started in this forum is really interesting and everyone can solve many problems from here by taking loan from you. Your initiative is really good for this forum, an experienced businessman like you is in this forum due to which we can solve our financial problems by taking loan from you. The business you have started is really risky and you have maintained it for a long time, we hope you reach better levels in the future.

I wish you the best of luck with your new Escrow business, and we hope that you go ahead and gain reputation in this forum.

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PandemicLegion
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January 13, 2024, 04:42:21 PM
 #25

I am using shasan’s services to escrow for a purchase here in the forum.

I will be purchasing an invite to BTN and HDBits from the following sales thread. The purchase price is $500.

https://bitcointalk.org/index.php?topic=5479264.0

I will send $500 LTC +2% fee for a total of $510. After shasan confirms receipt of funds, bleedwell will send the invites and I will confirm receipt. After confirming receipt, shasan will disperse $500 to bleedwell.
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January 13, 2024, 04:59:43 PM
 #26

I am using shasan’s services to escrow for a purchase here in the forum.

I will be purchasing an invite to BTN and HDBits from the following sales thread. The purchase price is $500.

https://bitcointalk.org/index.php?topic=5479264.0

I will send $500 LTC +2% fee for a total of $510. After shasan confirms receipt of funds, bleedwell will send the invites and I will confirm receipt. After confirming receipt, shasan will disperse $500 to bleedwell.
My Litecoin wallet is LWQ3QXRksJLvEbRW5Lq3BTFeFLdgg6fetG Once I receive the funds I will confirm it. Once buyer will confirm the receipt I will release the funds to the seller.
Note to seller: Please Post your wallet address Once I confirm the receipt.
Note to Buyer: Please post the transaction ID once you send the fund. And share the email via pm on the forum which is initiated earlier.
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January 13, 2024, 05:07:08 PM
Last edit: January 13, 2024, 06:36:45 PM by PandemicLegion
 #27

I am using shasan’s services to escrow for a purchase here in the forum.

I will be purchasing an invite to BTN and HDBits from the following sales thread. The purchase price is $500.

https://bitcointalk.org/index.php?topic=5479264.0

I will send $500 LTC +2% fee for a total of $510. After shasan confirms receipt of funds, bleedwell will send the invites and I will confirm receipt. After confirming receipt, shasan will disperse $500 to bleedwell.
My Litecoin wallet is LWQ3QXRksJLvEbRW5Lq3BTFeFLdgg6fetG Once I receive the funds I will confirm it. Once buyer will confirm the receipt I will release the funds to the seller.
Note to seller: Please Post your wallet address Once I confirm the receipt.
Note to Buyer: Please post the transaction ID once you send the fund. And share the email via pm on the forum which is initiated earlier.

Funds sent.

Sent 7.15495437 LTC
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January 13, 2024, 05:12:44 PM
 #28

Funds sent.

cafe12b7febd2c51e35ec8d3789e14214a0ef7ea632bc25f73432eec99215864
I am confirming that I have received 7.15495437 LTC which is about 509.7$. Now note to seller please post your wallet. And once the buyer sends an email then send him her invite/code.
Note to Buyer: Once you receive the invites/codes please inform me so that I can release the funds to the seller.
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January 13, 2024, 05:44:06 PM
 #29

Both invitations sent to provided email address

My wallet address

Le82nVUWgMF8YhgLW7R4suPd5LZB1D7A5v
shasan (OP)
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January 13, 2024, 05:49:22 PM
 #30

Both invitations sent to provided email address

My wallet address

Le82nVUWgMF8YhgLW7R4suPd5LZB1D7A5v
The buyer has shared the email and the seller informed us that an invitation has been sent. Note to the buyer once you receive the perfect invitation confirm that here so that I can release fun to the sellet.
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January 13, 2024, 06:17:14 PM
 #31

Invites received. Thank you to bleedwell and shasan for the smooth transaction.
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January 13, 2024, 06:29:49 PM
 #32

Invites received. Thank you to bleedwell and shasan for the smooth transaction.
Thanks for the smooth deal and using my escrow service. https://prnt.sc/PqdgjEMGNeMw
https://prnt.sc/3goXb4vxOhWG I have sent (released) the fund. Transaction id https://live.blockcypher.com/ltc/tx/e4abc595ddf065de563fd79dd4ec2b76e192609ae6e975ee4a7967683ace7905/

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