Very well said. I think that this idea comes from the ICO era, where projects used to gather investment while the project was being built along the way, and we all know how those went.
That's probably why it's called IBCO.
I would like to clarify one thing I said in my previous post.
But something else comes to my mind: it is said that there are reputable people in the forum involved in it. I doubt very much that the reputation in this forum from which they can disappear whenever they want is worth more than 7 BTC.
In the case of the two escrows other than Casino Critique, I think they would have quite a bit to lose. They have a great reputation and in the case of Hampuz he manages a lot of signature campaigns so he should earn a lot of money.
But we are in a section that says at the top of the page:
Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.I could easily invest between 10 and 100 chips if it was a project as I have already said: that has started, that can somehow show that it makes money in a growing way even if it is little and that to grow more it needs funding.
But just like that, no. I wish all the people involved in it and potential investors luck.