Re: [ANN][ICO] EscoToken: targeting $180 billion industry. We follow the money...
Escort service is not blockchain based. Because Escorts don't want to hide their Identity (it wouldn't be useful for business
), the transaction system is based on Blockchain. no one know who you visited and how much you paid, except the Escort and her client. Politicians would love this... 
That's for sure. In principle, this is correct. Tell me, who will set the price for the service?
Service is only for men, or for women too?
As of now only female escorts/companions are allowed to register on the network, since they represents almost entire industry. Soon will add option for male companions. As far as rates are concerned, every escort/companion has freedom to set their own rates.
What background checking is done for an escort to register for the service and therefore ensure that they are legitimate?
let me address the legitimacy issue first.
It's a standard practice that when you book a date with companion, you pay her in cash when she arrives at the location. girls may not demand advance from known and regular clients. What will change when you use EscoToken is, instead of cash, you pay with EscoTokens. everything else is same.
Second, When we talk about booking companions online, you've to keep in mind, Amazon. Xnautee is doesn't employ escorts. It hosts their profiles, and offer them certain tools to manage the profile, bookings, and reach out to clients.
For our part to insure that only genuine and legal age girls can host their profile, we collect Identity Proofs and only verified individual are allowed on the network. We don't interfere with what happens after booking is done. (only naughty things I guess
)