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Author Topic: What does an Escrow platform on Polkadot ?  (Read 3694 times)

Offline Ncandie FCnwch

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What does an Escrow platform on Polkadot ?
« on: September 12, 2021, 02:48:23 AM »
Investors' Security, trust, and Right to transparency are pillars in the crypto space. Many projects fail in the attempts of providing a transparent network for many reasons; lack of information on the team, misbehavior,  smart contract complexity, biased tokenomics and very complex to grasp easily. These later cited are primarily the main reason for fears related to crypto adoption.

Most users can’t read smart contracts... How do we know that tokens are being distributed fairly and as the issuer explains? Inflation & token unlock need to be more understandable for everyone.

Hence, comes up Polkalokr, a so-called escrow platform based on the Polkadot network to help project owners, creators, or developers to provide a secured platform and tokenonics to investors through a customizable escrow protocol developed on both polkadot and ETH network. The ecosystem token $LKR fuel use cases and access to all the services.

Let's talk about this ! let's have the CONS and the PROS

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What does an Escrow platform on Polkadot ?
« on: September 12, 2021, 02:48:23 AM »

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Offline BrainMan

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Re: What does an Escrow platform on Polkadot ?
« Reply #1 on: September 12, 2021, 09:19:49 AM »
If we ponder about the scenario of user's security, it is a boiling pot for disaster if projects are not prioritizing their security. Many projects are created in a rush to get to market and don't consider security as one of it's outmost concern. Polkalokr on the other hand, has been phenomenal in it's security and transparency and at the same time; designed a more flexible and user friendly interface suitable for any type of user; even newbies can perfectly understand the simple staking process, No complexity of smart contracts. Distribution of locked token is automated and which eliminates manual modes or human element interference. $LKR defines a perfectly secured and transparent Escrow and staking system 8) 8).
 

Offline Samuellee

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Re: What does an Escrow platform on Polkadot ?
« Reply #2 on: September 12, 2021, 10:21:42 AM »
For any project to survive the market structure, alot of factors needs to be greatly considered.Devs team for instance is a crucial factor, solving most complex problems and simplifying it to be user friendly. Having the right platform to showcase the project is an important aspect and Polkalokr has scruitly done that for flexibility, sustainability and free and fair distribution.
In conclusion Polkalokr is a well orchestrated, customized protocol enabling it's investors to buy and stake it's native token $LKR through its ecosystems.
« Last Edit: September 12, 2021, 12:56:39 PM by Samuellee »

Offline Eddie John

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Re: What does an Escrow platform on Polkadot ?
« Reply #3 on: September 12, 2021, 01:09:43 PM »
The issue of investors' security in crypto-based projects has been a really tough one to talk over the years which has cause lots of loss of funds amongst investors. Most projects' owners don't even care, they just want their projects out in the market ASAP. In the end, these projects fail to survive the market.
Kudos to Polkalokr team for making a change in this aspect and help solving most complex problems like reading smart contracts. $LKR the ecosystem token paves way to enjoy flexibility, simplicity and sustainability

Offline Frank Toves

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Re: What does an Escrow platform on Polkadot ?
« Reply #4 on: September 12, 2021, 01:43:46 PM »
If we ponder about the scenario of user's security, it is a boiling pot for disaster if projects are not prioritizing their security. Many projects are created in a rush to get to market and don't consider security as one of it's outmost concern. Polkalokr on the other hand, has been phenomenal in it's security and transparency and at the same time; designed a more flexible and user friendly interface suitable for any type of user; even newbies can perfectly understand the simple staking process, No complexity of smart contracts. Distribution of locked token is automated and which eliminates manual modes or human element interference. $LKR defines a perfectly secured and transparent Escrow and staking system 8) 8).

You are right, Polkalokr is highly transparent and secured with policies. I am also impressed with the new automated token distribution method, this will boost the confidence of user to grab more $LKR for stake unlike the usual manual ones. The customisable and flexible release schedules makes it a preferred choice for token locking.

Offline Tom Smith

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Re: What does an Escrow platform on Polkadot ?
« Reply #5 on: September 12, 2021, 05:39:08 PM »
Ordinarily, blockchain is naturally secured but the system is weak in the sense that token unlocks and distributions are still often done in a centralized way. Most investors don't have good knowledge about inflation and token unlocks so they don't know if tokens are being distributed fairly. These most times causes lose of investors' funds.
But all is fine now with Polkalokr bringing back trust and simplicity to complex token ecosystems. $LKR can give access to all features of Polkalokr.
« Last Edit: September 12, 2021, 08:21:51 PM by Tom Smith »

Offline Perryperry

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Re: What does an Escrow platform on Polkadot ?
« Reply #6 on: September 12, 2021, 07:12:15 PM »
In the real sense of it, Polkalokr has solved the problem with tokens economics that can be encountered in the eventuality of the project. To know more about this, the website is a tool to find out.
It's products and services through its ecosystems is transparent, simple, easy to use and non complex. So much work has been put together by the team  to make this possible reality, And truly its native token $LKR makes it possible to access all its services.

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Re: What does an Escrow platform on Polkadot ?
« Reply #6 on: September 12, 2021, 07:12:15 PM »


Offline Tackles247

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Re: What does an Escrow platform on Polkadot ?
« Reply #7 on: September 12, 2021, 07:18:30 PM »
If we ponder about the scenario of user's security, it is a boiling pot for disaster if projects are not prioritizing their security. Many projects are created in a rush to get to market and don't consider security as one of it's outmost concern. Polkalokr on the other hand, has been phenomenal in it's security and transparency and at the same time; designed a more flexible and user friendly interface suitable for any type of user; even newbies can perfectly understand the simple staking process, No complexity of smart contracts. Distribution of locked token is automated and which eliminates manual modes or human element interference. $LKR defines a perfectly secured and transparent Escrow and staking system 8) 8).
 


Above all odds; Polkalokr escrows and staking system has been able to present new opportunity for users to play with their tokens and earn money, Staking on Polkalokr doesn’t pose the kind of risks associated with mining as it requires no equipment setup or complex installations or technicality to interact and use the interface. I can confidently mention that; $LOKR is the most versatile, secured and transparent, multichain token escrow in the world you will ever see today as they are user-centric and focused on fairness and trust; placing user's experience as core priority.


Offline Rhooney Hood

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Re: What does an Escrow platform on Polkadot ?
« Reply #8 on: September 12, 2021, 08:56:57 PM »
Enough accolades to Polkalokr team members who earnestly put so much work to create a trusted, flexible and user friendly interface. I like the fact that there's no complexity of smart contracts, distribution of locked tokens is automated and newbies can fully understand the system. I implore all to check the website and be sure to acquire some $LKR so as to gain access to all amazing features of Polkalokr

Offline Yorker

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Re: What does an Escrow platform on Polkadot ?
« Reply #9 on: September 12, 2021, 09:39:23 PM »
For any project to survive the market structure, alot of factors needs to be greatly considered.Devs team for instance is a crucial factor, solving most complex problems and simplifying it to be user friendly. Having the right platform to showcase the project is an important aspect and Polkalokr has scruitly done that for flexibility, sustainability and free and fair distribution.
In conclusion Polkalokr is a well orchestrated, customized protocol enabling it's investors to buy and stake it's native token $LKR through its ecosystems.

Absolutely, I think we are on a whole level of understanding with the project. The security systems is also part of the factors, offering exclusively securitically ecosystem is overwhelming, with this, users can conveniently explore and read it's Smart Contract. Building on ETH network also makes it secure in a way.

Offline CARDi Fort

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Re: What does an Escrow platform on Polkadot ?
« Reply #10 on: September 12, 2021, 10:03:51 PM »
First a layer of security, and trustcore for project developers basing on the customizable escrow platform. A way for investors to leverage passive income for more sustainable growth in crypto spectra. This makes Polkalokr a very complete Defi mechanism launched to help getting rid of marxism of project developers ot creators.

Offline dred

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Re: What does an Escrow platform on Polkadot ?
« Reply #11 on: September 12, 2021, 11:37:38 PM »
Investors' Security, trust, and Right to transparency are pillars in the crypto space. Many projects fail in the attempts of providing a transparent network for many reasons; lack of information on the team, misbehavior,  smart contract complexity, biased tokenomics and very complex to grasp easily. These later cited are primarily the main reason for fears related to crypto adoption.

Most users can’t read smart contracts... How do we know that tokens are being distributed fairly and as the issuer explains? Inflation & token unlock need to be more understandable for everyone.

Hence, comes up Polkalokr, a so-called escrow platform based on the Polkadot network to help project owners, creators, or developers to provide a secured platform and tokenonics to investors through a customizable escrow protocol developed on both polkadot and ETH network. The ecosystem token $LKR fuel use cases and access to all the services.

Let's talk about this ! let's have the CONS and the PROS
insightful to say the least. going back to project tokenomics you made mention of.polkalokr eliminates human involvement in token distribution hence putting token distribution into the hands of network participants through governance-as-a-service.

Offline dred

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Re: What does an Escrow platform on Polkadot ?
« Reply #12 on: September 12, 2021, 11:44:07 PM »
First a layer of security, and trustcore for project developers basing on the customizable escrow platform. A way for investors to leverage passive income for more sustainable growth in crypto spectra. This makes Polkalokr a very complete Defi mechanism launched to help getting rid of marxism of project developers ot creators.
precisely, token creators can be snaky especially in the defi world where there is no central power to check for malicious token distribution or smartcontract manpulation by creators with mischievous intent. polkalokr seek to eliminate such vulnerability and give power back to network participants

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Re: What does an Escrow platform on Polkadot ?
« Reply #13 on: September 12, 2021, 11:51:25 PM »
wow, that is so helpful.. that literarily means the entire process will be decentralized and there won't be any cause for doubts or distrust when investing.. quite a big problem polkalokr is successfully solving in the defi world, a world where there's no such thing as over protection lol
« Last Edit: September 12, 2021, 11:53:33 PM by alternate »

Offline dred

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Re: What does an Escrow platform on Polkadot ?
« Reply #14 on: September 12, 2021, 11:58:48 PM »
:) ikr? the issue of security particularly in the defi world can never be over emphasized and is in fact one of the most highly demanded utility in the space. with this ground breaking innovation that is polkalokr a lot of enterprises looking to build transparency and trust with thier clients will definitely integrate this services polkalokr offers.

 

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