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RE: Steemleo's Strategy for Onboarding the Masses to Steem: Financial Content Syndication Strategy
But yes, the escrow has to be handled responsibly and ethically. For khal running steemleo, I personally don't have any concerns there. Only time will tell though.
Yeah.
And just to clarify, the escrow is off-chain. The on-chain escrow feature couldn't be used because one of the parties doesn't exist yet.No, it's on-chain. An escrow account is created on behalf of the author. When the author shows up to claim, keys are handed over.
Ok, got it. That's solves the audit then. Nice.