The project is well thought through its idea, attractive rewards. My question is: Do you have any assurance that these amounts will be paid by the project team? Is there an escrow or something like this? I ask this information because there have been many cases where it has not been paid what promised. Thanks
"We are allocating 350ETH + 5M $ worth of IOVO tokens for the following bounty activities."
IOVO is risking with it's reputation. The money already poured into this project is many many times bigger than these rewards. If you read the whitepaper you can see how much thought has been put into this, every little detail is thought through. Work on it started over 1.5 year ago back in 2017 February. Also look at the team and advisory board, there are some notable names. Plus take a look at the events IOVO has hosted. So there is no point of throwing all that hard work and already millions of dollars away for 350 ETH and IOVO tokens. I hope this answered your concerns.
When promises are made in ETH but can not be guaranteed, that means there is no certainty. The amount in ETH should be transferred to a bounty manager escrow.
I have seen many crypto projects with unpaid promises. If they are so honest, they should make sure they provide concrete guarantees.
About tokens the details seem to me more unclear. The promised $ 5 million are not found in tokens alllocation. See here that I gave details:
https://bitcointalk.org/index.php?topic=4509519.msg47305360#msg47305360 I personally have no trust in this way. I'm waiting for a reaction in the sense of making an escrow in ETH sum on irfan as a bounty manager. Good luck.
Thanks.
Please look at the token allocation graph in the website or the Pitch Deck to get latest overview of the project. It says there that 20% of tokens will be given to bounty. In the announcement thread it's under IOVO Foundation Locked - 30%, now the locked amount is 10% instead. ANN thread will get new graphics soon.