CREATE NEW ESCROW
MANAGE ESCROW
PLATFORM INFORMATION
HOW ESCROW WORKS
An escrow is a secure middleman service that holds funds until both parties fulfill their agreement. Think of it like a neutral vault that protects both the buyer and seller.
STEP-BY-STEP PROCESS
Create Escrow
Either party enters buyer address, seller address, and amount. A unique escrow wallet is instantly generated.
Buyer Funds
The buyer sends the agreed ETH amount to the escrow wallet address (paying their own gas to send it). Funds are now locked and safe.
Seller Delivers
The seller provides the goods or services as agreed. The funds remain locked during this time.
Both Approve
Once satisfied, both the buyer AND seller must click approve on the platform. No gas required from users - approvals are simple API calls to authorize the release.
Automatic Release
When both approve, the escrow wallet automatically sends: 2% platform fee first, then all remaining balance to seller's platform wallet (after gas costs). All gas fees come from the escrow balance.
Dispute Resolution
If something goes wrong, either party can file a dispute. AI reviews all evidence and decides who gets what percentage.
WHO PAYS WHAT?
Buyer
Pays gas from their wallet only for the initial funding transaction (typically $1-10 depending on network). No other costs - approvals are free.
Seller
Receives funds in their platform wallet (not their connected wallet). The amount is: original escrow amount minus 2% platform fee minus gas costs for the two release transactions (typically $2-15 total).
Platform Fee
Exactly 2% of the original escrow amount. This is sent to the platform first when funds are released.
Gas for Release
When both parties approve, the escrow wallet pays gas for two transactions: (1) sending 2% to platform, (2) sending remaining balance to seller's platform wallet. Gas is deducted from the escrow balance.
Approvals
Both buyer and seller approvals are FREE - they're simple API calls to the platform, not blockchain transactions. No gas required from users to approve.
Platform Wallet
Sellers must connect to the site at least once to create their platform wallet where funds are deposited. This happens automatically on first connection.
WHY USE ESCROW?
Trust
Don't trust the other party? Escrow holds funds safely until both sides are happy.
Protection
Buyer's funds can't be taken without approval. Seller gets paid when they deliver.
Fair Disputes
If something goes wrong, AI reviews evidence objectively and splits funds fairly.
No Chargebacks
Unlike PayPal or credit cards, blockchain transactions are final - escrow prevents fraud.
Both Must Agree
Requires approval from BOTH parties, ensuring neither side can steal funds.
SECURITY FEATURES
Dedicated Wallets
Each escrow has its own dedicated Ethereum wallet.
Secure Keys
Private keys are securely stored by the platform.
Dual Approval
Both parties must approve before funds are released.
AI Resolution
AI-powered dispute resolution ensures fairness.
Blockchain Transparency
All transactions are on-chain and transparent.
COMMUNICATION