Ninjastic
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Board Announcements (Altcoins)
Re: [ANN PoS+ PoW] eXocoin [EXO] - gen 2.0 - developed from scratch! Free Give-Away
by
notsoshifty
on 24/02/2014, 12:14:19 UTC
Quote from: sakkosekk on February 24, 2014, 12:01:34 PM
Quote from: Eadeqa on February 24, 2014, 11:32:13 AM
Quote from: notsoshifty on February 24, 2014, 11:11:16 AM
It isn't clear to me whether, or until when, first-stage investors can pull out for a full refund. Has this been clarified by the dev (for any case other than the project completely failing to launch)?
If you are  with escrow you can pull out even just one day before the launch
It's still your money if it is in the hands of an escrow Smiley

It's still my money, yes. But we've all made a commitment to dev to invest in this coin, and if we don't follow through with that then are we not scammers?

Dev and I each need to fulfil our side of the contract. I've committed to invest X bitcoins in this coin; and the dev has committed to build a coin that does what he said it will do, and gives me a pre-agreed share of the coin. Use of escrow means that neither party has to send coins and/or spend months writing code with trust in the other party - instead we trust the escrow provider to handle the funds.

Can dev and/or Anon136 confirm whether use of escrow gives me some get-out option, even if dev delivers 100% on his promise?