the risk is that he puts makeup on a pig. what if he takes nxt source code but changes a few values and designs an all new graphical font-end. It would be difficult to tell if this is the case or not with closed source code. that is why i made arrangements with him so that i will not be interpreting whether not he has fulfilled his end of the deal. that will be up to my customers to decide. if they feel that i should release the funds to him when the time comes than I will, if they feel otherwise than i will return the funds to them.
but if i dont remember wrongly, he insisted that the funds be transferred to him before the 22nd or else he couldnt be able to do fund allocation. is that still true?
Unless he changes that arrangement, there's no point in having escrow here.
@exo_coin: what do you say on it?
That's true. The only advantage I can see here is maybe for exo_coin so that he can see at least a certain level of commitment from my customers since they are taking a certain level of risk that I could in theory run off with their bitcoins. (i would never do that but the point is they cant know that for sure). Smells fishy to me but that's not my call to make, I just provide the service my customers ask me to provide for them. I sure hope nobody gets burned.