Epik announces Escrow service

[GoWeb]

Saw this in my facebook feed today: http://www.epik.com/services/escrow/

Can they be trusted?
Any recent EPIK (of INTRUST infamy) service experience to share?

 

[korganian]

Epik has always treated me extremely well.

 

[GoWeb]

Epik has always treated me extremely well.

That's lucky
So many people had issues with INTRUST DOMAINS / EPIK, that's why I asked

 

[OptimaDomains]

I think they've had that service for a while.

 

[GoWeb]

I think they've had that service for a while.

I just saw it today.
In that case, feedback from any of their users would be much appreciated.

 

[korganian]

The really unique thing about Epik is there domain leasing option.

 

[alcy]

I've done a lot ofr domain value checking with them when I started domaining. it was estibot equaoivalent.

when I went there last time I think that service no longer free.

I guess why should it be if everyone cfharges for it.

 

[domainbartender]

Nice! Do they allow withdrawals via Paypal?

 

[Kate]

Can they be trusted?

I would say no.

 

[korganian]

I would just like to point out that the Google Panda changes really wiped out all kinds of successful mini-sites and monetization platforms across the board when it was implemented. I don't see how it could be seen as Epik's fault that sites lost their first page listings in search when that happened. Especially when Rob has stated that he almost bankrupted his company at the time by making the highly honorable decision to give every customer a full refund. What more could anyone ask?

 

[saoirsetech]

I would just like to point out that the Google Panda changes really wiped out all kinds of successful mini-sites and monetization platforms across the board when it was implemented. I don't see how it could be seen as Epik's fault that sites lost their first page listings in search when that happened. Especially when Rob has stated that he almost bankrupted his company at the time by making the highly honorable decision to give every customer a full refund. What more could anyone ask?

Agreed

 

[Name Trader]

I have never dealt with Epik directly except one time when they kept my backorder for themselves. I know they inherited the morals of intrust domains. I have however seen enough complaints to never deal with them. I don't suppose, if they've created an escrow service, that somehow a leopard has changed it's spots. I wouldn't trust them. YMMV.

 

[Recons.Com]

I went to their website to check on escrow info.
Could not find any links on the rates they charge and they never mention anywhere lease option.

 

[GoWeb]

I went to their website to check on escrow info.
Could not find any links on the rates they charge and they never mention anywhere lease option.

If you go to their escrow link, what caught my eye was the "NO FEES" thing. Could there really be a "No Fees" Escrow service? Makes one feel suspicious, what'd they get out of it? Social Service?

Epik Domain Escrow
No Hassles. No Worries. No Fees.
Epik's Domain Escrow service is designed to protect the interests of both buyer and seller during domain sales. We ensure that Buyers receive their properly registered domain. Sellers are assured of full and immediate payment. Both Buyer and Seller are protected against fraud and deception. And all without onerous escrow fees!​

 

[Recons.Com]

That is probably for the transactions at their marketplace.
And then they charge fees when the money leaves their internal pay system.

 

[GoWeb]

That is probably for the transactions at their marketplace.
And then they charge fees when the money leaves their internal pay system.

Could be or maybe it's just free for a while to promote their Masterbucks program (Masterbucks.com) that they state at the Escrow link.

Any user of Masterbucks.com? Seems like a Crypto Currency, only with EPIK in charge:

Creating a New Online Barter Currency
Masterbucks was originally conceived by our sister company, Epik LLC, as a method of creating liquidity in the domain name development industry. Many domain owners, "domain rich but cash poor", lacked the cash with which to purchase domains or add value to their portfolios through development. By creating an alternative currency through which domain owners could barter some of their domains in order to purchase or develop others, a significant market inefficiency was removed, to the benefit of the entire domain name industry.​

 

[DU]

Saw this in my facebook feed today: http://www.epik.com/services/escrow/

Can they be trusted?
Any recent EPIK (of INTRUST infamy) service experience to share?

In my opinion.

No - based on the Epik panda debacle (and lack of concern for "customers") - they did send a nice vacation postcard as people's domains and money went down the toilet.

No - because I don't see any indication that they are licensed / bonded / insured

No - because wtf is masterbucks but a failed currency advertised on NP ages ago.

No - because they have some effed up organization structure that leads to confusion on lame backorder shenanigans and spam

No - because Escrow should be independent of the industry (imho)

Agreed

They couldn't anticipate that mass content builder wasn't going to be a problem at some point?
Add in the cost to "customers" and a terrible revenue model?

Fair Nuff.

 

[RogueWriter]

Rob from Epik is one of the most honorable members of this industry that I have interacted with.

 

[Recons.Com]

What is "panda debacle"? What happened?

 

[redesignunit]

yes epik good and best service provider.