when does the first round of investing end? im under the impression that the 22 is the last day but i just want to make sure.
also one of the claims that you make is that the code is brand new built from the ground up. so one of the stipulations for releasing the funds that i am holding in escrow must be that you prove that fact. any ideas how to handle this catch 22 since you say that you need the escrow funds released before release but that the code will be closed source until release?
yes the 22nd is the last day. Exact time will be announced later.
We cannot prove anything regarding the source without partly releasing it I guess. Anyway we will not release any code before the launch. We have explained that we need the escrow funds at least one daybefore launch. It is not your task to check if any conditions are matched if you offer an escrow service for someone else. So if someone want to release the funds you would have to deliver it - that is my understanding of escrow services. If you do not like the idea that eXocoin will be closed source as of now and are not going to finish any escrow under this condition then please hand your holdings back to them. You will see that we have a completely new programm at least when you read the whitepaper or participate in the open beta. That must be proof enough.
I don't like your tone. I'm simply trying to offer the best service I can and protect my customers while maintaining my reputation. It is
ABSOLUTELY part of my job to figure out whether you have fulfilled your contract. That's what escrow providers do.
However I'm a reasonable person. If it is your position that i should not attempt to interpret the contract and simply release the funds only if my customers wish for me to release the funds than absolutely i can do that. Honestly it makes my job easier and my customers certainly wouldn't mind because it would only give them more leverage.
So I will not interpret anything and only release funds if that is what my customers wish. Do you agree to these terms?