Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting

Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.

We will be contacting devthedev with these terms.

Reposting escrow terms. If any of the terms are not met. devthedev is the one responsible for sending the coins back to investors.

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And "Escrow" is really nothing worth - just take a look at CLSTR etc.

You're wrong. As far as I know. Everyone was refunded of that escrow. That was held by Bittrex. That is what escrow is for. What do you expect? Now if someone dumped their coins at below ico prices because they "thought" there was going to be no refund. They just listened to FUD. I have nothing to do with all that. Just explaining what happened!

Honestly what happened with CLSTR(fuck):

All of bittrex' terms for releasing the IPO were fullfilled, due to massive pressure of the community they and the dev were forced to do POD. Nobody really knows why - but the rumors say that the Dev tried to do POD with fake documents and CryptoAsian noticed that and stepped back from verifying the Dev and did NOT give POD. Bittrex then created a massive buy wall - as promised - and bought the coins back. They should have released the coins earlier since all terms were fullfilled for releasing though... (and they did almost)

I've read your ~~IPO~~ escrow terms and anyone can make his own opinion about it ..

How much BTC would 15 % and 50 % be ? Grin

Yes, we got lucky on cluster

But what if in the escrow terms it said more than working wallet? More than just a blockchain?

If someone said today they were doing Kluster and in the escrow terms, until the cluster feature was working, the dev didn't get a dime.

Would you invest then?

I think harsher escrow terms protect us more than POD in an ICO.

I'm not saying these terms in this coin are enough, cause yes, what if phase 1 is enough to run off, right.

But that only protects us in the ICO situation.

I can't see what can be done on a POW coin except POD

I just don't have as much faith in it as some I guess. Im not against it tho.

When it comes to mining, you might have noticed, I mine almost everything, if Im not sure its a scam, I throw $10 or more at it. Every ninja. But some are so bad you just know. The rest you lose most to the time, but when you hit you hit! some you can just tell like BTCD, KEY, ETC. Those were ninjas and they paid the bills for 6 months on just those two lol. I never download the wallet until it been awhile. Or something else makes me think they are ok.

I guess I'm just not as pissed at the scammers because I make a lot of money. Mostly trading. I got people who pay me to trade for them, and it's been going very very well.

So I don't feel as pissed as some people who may have lost all their BTC. I guess if I got hit by all these scammers and I was losing money I'd be more freaked out I would imagine.