Post
Topic
Board Altcoin Discussion
Re: How can one make effective use of the Excrow?
by
Rowenta
on 23/11/2020, 05:42:45 UTC
Excrow are defined as a third party that guarantees safe exchange of goods and services between other agreed parties under description.

Of late excrows are considered as the secured guarantee for safe payment of bounty rewards to bounty Manger and then bounty hunters.

But then a couple of this projects think they are so smart that even a night before an IEO, they do change the smart contracts of their tokens rendering whichever token in excrow worthless.

So i suggest that excrows should not only hold the tokens but also be given usdt value of the tokens as well, so that incase it turns out in the wrong direction the usdt can cater for it..

Your suggestions?
Not all projects swap their smart contract after escrow promotions, of any new project practice such I will reject them instantly if I'm a bounty manager, it means that the project team can't be trusted, they are probably scammers.