Ninjastic
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Board Tokens (Altcoins)
Re: [ANN][ICO] Natmin Pure Escrow - Escrow Services powered by Blockchain Technology
by
cryptossi
on 05/10/2018, 17:31:03 UTC
Quote from: Nathan01 on October 05, 2018, 01:23:16 PM
Quote from: natmin on October 04, 2018, 10:24:44 AM
Quote from: ning_aric on October 04, 2018, 07:37:50 AM
On the dispute resolution, I see that there’s a cost for that. An additional 3% transaction cost of there’s a dispute. I think that’s a lot. Especially when the the compliant isn’t at fault. I understand thats to reduce unnecessary compliant. Would this cost be adjusted?

Yes is correct, 3% is a lot especially with large transaction amounts. This will be capped, but we have not decided on a specific amount yet. This amount can always be changed, according to the feedback of the community.

OH there is a cost of dispute  Shocked
Who bears the cost? Complainant?
If it is complainant I don't think it's fair

The normal cost is 1% and that is split equally between buyer and seller 50/50. If the transaction is disputed the buyer pays an additional 1% and the seller pays an additional 1% as well. The total cost for disputed transactions is 3%.