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- Escrow Agreement:
- The escrow is to hold all KOREcoins and BTC to be used only for marketing,
- website design and other KOREcoin related projects and compensate for expenses.
- If there is a dispute on the release of any funds between any of
- the signers and the other party, the escrow will enter a phase of
- public arbitration.
- A minimum of 3-Signers are needed to approve release of coins.
- Signers for release approval may be added/removed at any time.
- Total Signers:
- KORE Donation Address:
- BTC Donation Address:
- If KORECoin ceases to exist or there is no way to convert it back to BTC,
- the Escrow Agent is not held liable.
- Donations shall be refunded to the donors after 4 days if the party doing the work resigns
- or can no longer fulfill that responsibility and a replacement is not able to be found.
- Additional Notes:
- 1- You have the option of sending a PM to the Escrow Agent with the
- amount of KORE sent plus a Return Address just in case.
- This PM Must be sent within 5-Minutes of the KORE Donation.
- 2- Though BTC transactions are able to be refunded to the address
- provided in the Blockchain you can also send
- a PM noting your Donation Amount and copy of the transaction
- within 5-Minutes of the BTC Donation.
- 3- KORE can be converted to BTC at appropriate times as most payments will be in BTC.
- BTC can be converted into KORE as need be.
- 4- This Address KQiGXVetfUVqpaa97aFoY2FDcc2rK3wmbd
- is solely for the illegitimately mined KORE Coins.
- 5- If KORECoin ceases to exist the KORE Coins in the illegitimate account Will Not Be Sold and
- only after all other sales of coin holders will it be contemplated to be transferred into BTC for
- distribution to any unpaid bills etc. and then to an account for grievances
- and after that Donation to a Charity.
- 6- Separate Public Ledgers will be provided to show
- where every payment/coins went and what for.
- 7- Escrow Agent Link:
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Korecoin Escrow Edit 3
a guest Oct 5th, 2014 18 Never
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