It's quite simple really:
1. Hold all the funds. Team does not hold funds. ICO participants are responsible to double check where their coins are going, I have published a list, it is GPG signed.
2. I forward all the coins every day to the multi-signature address.
3. If the total does not reach 100 BTC by the end of the ICO, a refund will happen, subject to tx and refund fees.
4. If the total exceeds but the first milestone is not met in the appropriate timeframe, a refund will also happen.
5. If the milestone is met and the coin is working and the network is running for several days, then we release 25%.
I don't support opinions. I don't speculate. I don't take sides. I escrow.
Dabs