CapitalizedLiving
Gold Member
- Joined
- Dec 1, 2007
- Messages
- 3,792
I always wondered about this... isn't there an crowdfunding escrow service that companies can use for things like this? Buyers put money in. Sellers put in a fixed ship date. If the escrow hits the right amount, the company makes the product and ships by the deadline. If the funds aren't sufficient to pay off the project or if the seller is late, the project is cancelled and funds are returned. No one loses anything, not even trust.
I've read a lot of threads and posts about people paying for stuff up front and never seeing anything by promised dates. No one would have to question sellers' motives if the funds were handled like they are in any other situation where up-front funding must be promised but not guaranteed until all obligations are fulfilled.
I've read a lot of threads and posts about people paying for stuff up front and never seeing anything by promised dates. No one would have to question sellers' motives if the funds were handled like they are in any other situation where up-front funding must be promised but not guaranteed until all obligations are fulfilled.