Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
Elokane
on 24/03/2015, 12:34:11 UTC
We are IN touch WITH various escrow service providers TO provide our backers WITH a smooth AND secure solution.

I guess you couldn't find an escrow service?

Congratulations for reaching todays milestone, day 1 of the Crowdsale.
I would also appreciate an update regarding Escrow. I can only see options to send BTC or wire transfer at this stage. TYIA.

We have not found any escrow agent we could trust and eventually decided one is not necessary. We are an established company under a strict jurisdiction and are bound by the terms and conditions of the sale. We cannot (and would not) "run away with the funds". Smiley

We've instead elected to partner up with the Omni Foundation and have them act as trustees for the AMPs as well as supervise the crowdsale. We believe that the structure we have set provides our backers with a smooth and secure solution.
What is the service you would have wished to receive from an escrow service provider? Is there one that you think would give you a greater assurance than a legally binding contract?