- The escrow must be released within the first month of release. After the escrow has been released the participants will get access to their funds.
Participants not getting access to funds until after escrow is released somewhat defeats the point of escrow!
Also, please make it clear (qora & any escrow provider) what the participants' cancellation terms are, should they choose not to go ahead (assuming it is not a blatant scam). E.g. can they simply say "I'm no longer interested" and get their funds back, and if so until what time?
The purpose of the escrow is to make sure there is a valid and working client.
If I would not release the funds after he has released the escrow it would destroy this project.
The same goes for him. If he doesn't release the escrow it would destroy the project and I can not give him that much power.
People can always ask for refunds.
And after the launch they can exchange their funds back for their investment.