Quote from: suchmoon on September 02, 2018, 10:05:32 PM

Quote from: teeGUMES on September 02, 2018, 09:01:05 PM

Quote from: suchmoon on September 02, 2018, 08:57:52 PM

Quote from: teeGUMES on September 02, 2018, 08:34:33 PM

Seems rather stupid to say your last couple sentences. An escrow should have btc/altcoin amounts in something like an excel spreadsheet with proper accounting / tracking. Very easy to press Ctrl C and Ctrl V on their keyboards and post it here. This isn't just about how the ICO is being run, it falls back on the CET ( Crypto Escrow Team ) and how they conduct their business with no transparency. This will effect further business for them.

If I wanted to do business with an escrow I would negotiate terms before the deal. It doesn't seem that the NVO team or the bagholders (the parties to the transaction) had the requirements that you're alluding to at the time when the ICO was conducted. If they did then they should bring it up. How is that stupid?

Tell me who the escrow team works for now? The NVO team or the bagholders? Is it possible to contact every single one of the investors? If so why hasn't this been done. If they replied back and said " NO I DONT WANT TO KNOW HOW MUCH MONEY DID OR DIDNT GO TO THE TEAM THAT FUCKED OVER MY INVESTMENT " then yea I can see where you're coming from.

The escrow is an independent third party. It doesn't work work for the team or the bagholders. That would be a major conflict of interest.

If there is a grievance of some sort it's not unreasonable to expect the aggrieved party to come forward with a complaint. As you just illustrated it would be ridiculously difficult to prove a negative (absence of grievances), particularly given the anonymous nature of crypto transactions.

This is fair to say as I have been using the wrong words to express what I meant. I believe most people can understand what I am trying to get at when saying one side has failed to provide their product and this leads to the investor side recouping what is left.
I'm not here to discuss Merriam-Webster's definition of escrow with you suchmoon. What I do believe is that the founders (the problems) hold more information than the investors(the wronged) who deserve better.