Loving the 2/3 escrow and milestones to have the funds released. This shows the guys behind PureVids mean business and it will be developed as advertised. I will be in for 75% of what I can afford..
If it was a normal escrow I dont think I would take the chance and invest but with the milestone structure its almost a guarantee this get built and finished otherwise the devs are left without the money.
I see so many ico's with escrow and all the devs need to complete to meet the escrow requirements is launch a coin and wallet which anyone with a few hundred dollars can acheave. Its not to say that this is 100% secured but its as secure as they come.
Not making the milestones of course makes me think what happens with the btcs? I mean lets say the coin goes live and first milestones are reached.
Devs get 50% of the ICO funds, but now something happens after the coin has had a little pump and many original ICO investors sold, probably at profit.
But 50% needs refunding to ICO investors, who gets the refund because the guys can go back and buy their original coins cheaper and get a refund?
I could be missing something and lets hope they want the remainding btc and it never comes to that.