It doesn't show transparency,an escrow is needed for this kind of Ico or much more better if you held your Ico on exchange for a more transparent transactions,people are now full and over with so many Ico which in the end the investors are the one losing..
We fully agree escrow should be a major part of an ICO. We are now looking for someone (Or an exchange) appropriate to host the ICO.
We are also of the opinion however that having access to atleast partial ICO money pre and at launch would be beneficial for paying things like bounties (Yet to be posted) and paying for full time nodes etc.