Quote from: bitcoininformation on September 09, 2014, 09:56:35 AM

Quote from: shorena on September 09, 2014, 09:45:37 AM

What did your original arangement for escrow state? Did it state anything about the length of the campaign?

This is the Escrow contract that was sent to DiceBitco.in:

Quote from: bitcoininformation on July 30, 2014, 06:03:11 PM

BitcoinInformation Escrow

First Draft

30-07-2014

Basic Information
This message will be a binding contract between Dicebitco.in and BitcoinInformation, which ensures payment of campaign members which take part in the "[DiceBitco.in] [Make the most out of your sig!] Make coins by simply posting!"-campaign. BitcoinInformation will be send a specified amount of coins which will be used to pay campaign participants if Dicebitco.in defaults or disappears. If Dicebitco.in pays in time the coins will be returned.

Fee's
BitcoinInformation won't charge anything for this service, but donations are always welcome.

Amount of coins to hold onto
The coins that will be escrowed are 5BTC

Procedure
The agreed amount of coins that BitcoinInformation will hold onto will be send to the following address: 1ExgQhoWP9aEJrSYgHKRt9EF8Hwa8aFprF. Once received, BitcoinInformation will sign a message stating that he is in control of these coins to proof to the participants of the campaign that escrow has been done through BitcoinInformation.

BitcoinInformation will return the coins to Dicebitco.in, once they did there first payment. If they fail to do so, the coins will be used to reimburse the participants.

Agreement
If Dicebitco.in agrees with this contract he shall send the coins to the address specified above. If Dicebitco.in does not agree they are welcome to send suggestion to BitcoinInformation which will be used to improve this contract.

I know that it's a bit noobish, sorry for that. I use a different template right now. Anyway, the agreement states that the coins will be used if DiceBitco.in doesn't pay. A period isn't clearly stated, but we both knew it was meant for a month (should have written that down).

DiceBitco.in asked Dooglus and me to keep the coins for another month, which indicates that this arrangement is for a whole month.

Ok, so currently, it looks like dicebitcoin will be making payouts. If they fail to do so then bitcoinformation pays out using the escrowed funds. Got it.

Now what about going over the maximum posts (dicebitcoin assured that they would pay gladly if people went over - case by case)