So, lets say you've developed a new altcoin and you're going to do an ICO. How does escrow protect coin purchasers? I mean, the dev team is eventually going to get access to the BTC at the end of the crowdsale, at which point they could just steal it all.
I thought it was just an intermediary only. Even though the escrow will give access to the funds of ICO. But it depends on escrow they use usually escrow secure the funds of ICO until they release the coins to investor so they feel secure getting their shares.