If the coin doesn't launch with the advertised features then you just don't release the funds.
You are not getting it.... I have no doubt whether as to whether the people will get their coins or not. They definitely will. But the escrow agreement does not mention that the funds will be released to the dev only if the wallet is out with the advertised features. The OP clearly mentions that the features are to be implemented in the future sometime. Right now its just a basic good looking wallet that you can send/recieve coins, nothing more. Clearly the "investors" are taking part in the IPO based on the lucrative features the coin WILL provide in the future. So doesnt it make sense to release the escrow funds too in the future AFTER he provides the wallet with the advertized features?
I have only asked that the dev announce that his agreement with the escrow be slightly altered to add another clause... specifically that in addition to the promised coins to the "investors", that funds only be released after the promised features are implemented. But the dev and his zealots are completely evading that point and throwing a lot of distractions with definition of IPO, etc.
You see how this scam works now?