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  "timestamp": "2017-10-20T11:26:36",
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      "author": "escroco",
      "permlink": "escroco-insurance-and-escrow-for-investors",
      "title": "Escroco Insurance and Escrow for Investors",
      "body": "@@ -72,18 +72,16 @@\n d out)%0A%0A\n-%0A%0A\n !%5B%5D(http\n@@ -109,52 +109,52 @@\n /DQm\n-eRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB\n+fYSWXEtxF9Mnwb2uFWZmude7aTNns7XnmSWtANYKBaHF\n /ima\n",
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{
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  "timestamp": "2017-10-20T11:23:57",
  "op": [
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    {
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      "parent_permlink": "new",
      "author": "escroco",
      "permlink": "escroco-insurance-and-escrow-for-investors",
      "title": "Escroco Insurance and Escrow for Investors",
      "body": "# We are Glad to announce the beginning of the ITO (Pre ITO already sold out)\n\n\n\n![](https://steemitimages.com/DQmeRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB/image.png)\n\n#### General Info about Escroco token\nMax Supply : 3 Millions token\nITO supply: 2 Millions token\nAs of 20/10/20117 Token sold: 500,000 Token \nSymbol: ESC\nToken Technology \n\n![](https://steemitimages.com/DQmeRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB/image.png)\n\n#### Statement\n\nAn Escrow and insurance service that aim to connect investors with borrowers in a way that lower the risk and maximize the profit and that is through building a system that eliminate the common problem that often take place between investors and borrowers.\n\n![](https://steemitimages.com/DQmeRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB/image.png)\n\n### Links:\nBusiness Plan: https://escroco.co/plan.php\nFacebook :https://www.facebook.com/Escrocotoken\nTwitter: https://twitter.com/escrocotoken\nInstagram: https://www.instagram.com/escroco.co/\nPinterest: https://www.pinterest.com/escroco/\nYouTube: https://www.youtube.com/channel/UCx88kXHjBxcSK1F5sgpjHyQ/videos\n![](https://steemitimages.com/DQmeRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB/image.png)\n\nhttps://www.youtube.com/watch?v=p4g0p_YzmYE\n\n![](https://steemitimages.com/DQmeRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB/image.png)\n\n\n##  Escroco Insurance and Escrow services for investors\n\n###  Business Plan\n\n#### Our Business\nOur company will offer a service which will work on the premises\nof an escrow between borrowers and investors. The aim is to\nminimize the risks that investors may be exposed to, due to\nborrowers who may have the intention of scamming the investors.\nOur business will further aid the investor in enjoying appreciating\nvalue for their crypto.\n\n####  Website usage\nThe website will have two platform, that of the investors and the\nother for the borrowers with different panels. The borrower version\nwill be used to create investments packages and verify this\ninvestment before post it to the investors. The investor’s platforms\nwill show all the verified investment packages and the terms of\nthose packages for example:\n\n![](https://steemitimages.com/DQmdxGxwrbRMhu33vvB9M2kdeWaT1chAdMCWe9ZWWsnfum9/image.png)\n\n#### The service\nThe investor and borrower will have an opportunity to register and\ncreate an account on our website, and from there they can access\nour services. The investors will be given a chance to purchase our\ntoken during the four phases ITO that will be rolled out. The\ncompany will limit the number of tokens; therefore investors are\nurged to move fast. The choice to limit the number of tokens is to\nensure that they are in demand and as such their value rises. On the\nother hand, the borrowers after registering will provide a deposit in\norder to create an investment package, the package then will be\nverified regularly.\n\n\n#### Borrower process\n\n\nOur website will give the borrower a chance to post an investment\npackage. However, before the debtor is allowed to transact\nbusiness through our site, they will be expected to deposit a predetermined\nminimum amount of our tokens, The borrower will\nalso be expected to verify their identity to the company before they\nare permitted to post the investment package on our website. it's\nimportant to note that the identity of the borrower will not be\nrevealed to the investors. The need for this is to ensure that the\nprivacy of the borrowers is respected. The borrower will only be\ntasked with respecting and adhering to the business policies. If it so\noccurs that the borrower wishes to borrow more Bitcoin than the\nagreed limit, then he/she will be forced to provide a second level\nverification which is more extensive and more lengthy.\n\n#### ITO Plan (Price subjected to reduction and bonuses) \nAt the start of the company, a total of 3.1 million tokens will be\nissued and no more will be issued at anytime, and this number will\nbe kept constant during the operations of the business. The tokens\nwill also be set at different prices depending on the ITO basis. The\nITO will be split down in a definite manner with a focus on the\nprice per token as well as the total number of tokens that will be\nissued per phase. We will launch the Pre ITO phase in which the\nprice for a single token will be fixed at $1,1; it’s also important to\nnote that only 500,000 tokens will be availed to investors at this\nphase.\nThe 2nd period will be termed “Phase 1” during which each token\nwill be issued to potential investors at a price of $2.3 per token. At\nPhase 1 the company will release to the market a total of 500,000\ntokens. The third phase termed “Phase 2” will sell over 500,000\ntokens to the market, during this period, a single token will be sold\nat $3.\nThe final phase termed “Phase 3” will feature a sale of over\n1,000,000 million tokens where each token will be sold for $4. The\ncompany will keep a total of 600,000 tokens which will be used by\nthe Website to operate the cold wallet.thus the total number of\ntokens that will be available is 3.1 million. The number of tokens\nOnly Estimate of the prices \nwill be limited regarding supply to ensure that they increase in\nvalue, the value will rise due to the forces of demand and supply.\nThus, the amount will be fixed whereas the request will increase\nimplying that the prices will be compelled to rise.\nWorst case\nWe foresee that a few cases may not be successful and as such we\nhave provided some solutions for these unwanted circumstances. If\nthe borrower is declared bankrupt or runs away, then the investor\nwill be insured from both the reezed token and from the safety\ntoken assigned by Escroco. On the other hand, if the investor is not\nsatisfied they can take legal action against the borrower and only in\nthis case we will reveal the identity of the borower. This is why our\ncompany seeks verification of the status of the borrowers which\ncan be used to take legal action if need be. \n\n####  Road Map\nThis business idea will be implemented and actualized based on a\nroadmap. The Phase 1 will begin with the release of Pre-ITO\nwhere the initial investors will have an opportunity to purchase our\ntokens. After the ITO is rolled out the investor's platform will be\nlaunched on our website. The target market for our business will\nmainly be Dubai, Switzerland as well as other countries which do\nnot tax the crypto-currency framework. \n\nPhase 2 will begin with the roll-out of ITO, which will give the\ninvestors an opportunity to purchase more tokens using our\nwebsite. After the investors are through with making purchases for\ntokens, the next stage will be the launch of the borrower platform.\nWhen the borrower platform is set-up and running, the peer to peer\ncrypto Escrow service will be launched by our company via the\nwebsite. The diagram below shows the map.\n10![](https://steemitimages.com/DQmPgZxvPztaFCMnB837JUJ764Kycdp5xZXUDuNJHgmoe9M/image.png)\n\n#### About the Token\nName: Escroco (ESC)\nMax supply: 3.1 Million\nToken Technology: Based on the Wave Blokchain\n\n#### Affiliate and Marketing\nWe do understand that marketing is one of the most important\nfactor in business success that’s why we will be implementing 2\nlevel marketing in the ITO\nFirst Level: 5% Escroco Token + 5% BTC\nSecond Level: 3% Escroco Token\nAfter we launch the investor’s platform there will be different\ncommission structure, as we are planning to give the borrower the\nfull control over the commission\n\n\n\n![](https://steemitimages.com/DQmeRooAmGG2hXDuTicucvW2BCdeYKURN3r4k4MAXu3iEdB/image.png)\n\n####  You can buy Escroco Coin on outside Exchange  \n \n\nThere is a way to buy Escroco coin at release price \nAt the Wave Exchange here is the way to do it  \n\n1-Download Wave Lite App  \nHere you create account for wave (there is information you need to save on safe place like the seed and the password) \n \n2-Go to the exchange tab  \n \nHere you put Escroco and the currency you want to use. for now there is this coins available (Bitcoin- USD- Wave) \n \n \n3- Place the order  \n \nHere you put the asked price on the wave coins and click buy (note you need to have wave coin in the balance to make the order) \n \n \n4-check your coins  \n \nGo to the portfolio and check the token you have buy",
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