ESCO starts the thread gaining points for a great looking gif to open their ANN already.
Design and branding are also quite important when it comes to #cryptocurrency projects.
EscrowCoin was also recently added to CryptoBridge exchange (they never stop!).
I went to check the project ANN and it got my attention, specially because I was already interested on Escrow services for cryptocurrency transaction without using exchanges.
It ended up that EscrowCoin was way more than I expected.
They aim to create a trustable escrow service simple and easy, suitable for everyday use where if there's any conflict between buyers and sellers the issue can be solved in a descentralized way voted by anonymous consultants or verifiers.
This remind me the system of this new ICO: $Bee
They also have a simmilar system for voting in case of issues between 2 different parties.
Wondering how it works?
Check this infographic
The big differential is that ESCO will allow escrow services with multiple different cryptocurrencies (do you remember atomic swaps? ;) )
The coin is also POS with Masternodes and instant and private sends.
To name a few areas where Escrow services can be used:
Think about Domain name holding, Broker or Vehicle escrow, General Merchandise or Website and of course, more areas that may still happen like why not Image rights contracts and House or property transference.
Want to talk about Roadmaps?
2018 will be a bright year for EscrowCoin.
They've just been listed on CryptoBridge, and still want to be listed in cryptopia, other exchanges, coinmarketcap and masternode websites.
Release android app and do marketing campaigns.
This all still in Q1!
Q2 will start with opening the escrow services for 5 different crypto and afterwards expanding for more than 50!
With API creation and integration with partners affiliates following after August.
This are the technicals:
Max supply: 60,000,000
Block reward: 12 ESCO per block. 50% / 50% between masternode and stakers.
decreasing by 5% every year
0.83% pre-mine for development and marketing.
Scrypt
90 seconds block time
24h stake age
3MB block size
Difficulty retargeting every block
Inspired by DASH
More info on their whitepaper
what are your thought on this project?
Would you invest in ESCO?
Do you believe it has the potential to change the crypto space?
Talk a bit more in the comments!
Make sure to follow them on twitter and check their main website.
And they also have a bounty campaign going on, join it!
other usefull links:
Blockexplorer
any more questions? feel free to ask them on social media, or joind them on discord
Cryptocurrencies and ICOs can be dangerous, you could lose all your money and even die, never invest more than you can afford to loose and never buy poisoned water bottles. Also, remember to exercise regularly, stretch, eat colorful vegetables and go out on the sun.
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Thanks a lot dear friends!
Talk to you soon!
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