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?
don't have to. because if there is such a problem, the proceeds from the sale of tokens are still in Excrow's hands. So whatever the project team does they get nothing. so the project team doesn't have to provide any kind of collateral like USDT or any other stablecoins. they just pay the Excrow service fee.
What if the team changes the smart contract without contacting the escrow, what happens to the agreement and the party providing bounty services?