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By Eascrow
Eascrow is a web3 escrow platform powered by Stellar smart contracts, ensuring secure and transparent online transactions. It simplifies cross-border payments and builds trust for freelancers, businesses, and individuals.
Eascrow is an innovative web3 escrow service that harnesses the power of Stellar smart contracts to streamline and secure online transactions. It acts as a trusted intermediary, ensuring that funds are safely held and released according to the terms agreed upon by the involved parties. This service is essential for various financial dealings, ranging from material goods trade to freelance services.
Traditional online transactions often face challenges like fraud, disputes over contract terms, and inefficiencies in fund transfer, especially in international settings. These issues erode trust and complicate the transaction process.
For Individuals and Businesses in Material Goods Trade: Eascrow reduces fraud risk by securely holding funds until confirmation of goods' delivery and satisfaction is received. This streamlines the transaction process, providing assurance to both buyers and sellers.
For Freelancers and Employers: It ensures secure and streamlined payment for services, holding funds until the completion of agreed work. This simplifies the payment process and offers peace of mind to both parties.
For International Transactions: Eascrow simplifies and secures cross-border transactions using Stellar smart contracts. It streamlines compliance with international regulations, handling complexities like currency exchange and legal requirements.
Enhanced Security: Significantly reduces the risk of fraud and default in transactions.
Streamlined Process: Simplifies and accelerates the transaction process, from initiation to fund release.
Transparency and Trust: Stellar smart contracts provide a clear, immutable record of terms, fostering trust among parties.
Ease of Use: User-friendly for all parties involved, regardless of their technical know-how.
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How It Works and Its Use of Stellar:
Eascrow leverages Stellar to automate and streamline the escrow process through smart contracts. These contracts clearly define the terms of transactions and hold funds securely until conditions are met. The use of Stellar ensures a transparent, immutable, and efficient process, making complex financial transactions secure and user-friendly. This integration not only enhances security but also significantly speeds up the entire transaction lifecycle, making Eascrow an ideal solution for a wide range of online financial interactions.
For more in-depth information about Eascrow's technical architecture and how it utilizes Stellar to streamline transactions, please refer to the accompanying architecture document.
Yes
$99.1K
**Number of Active Users and Businesses on Eascrow:
Success will be defined by reaching50 active users and businesses** using Eascrow within the first six months after launch. These users will include freelancers, businesses, and individuals utilizing the escrow service for secure transactions.
Impact: Increased adoption will demonstrate the demand for trustless escrow services on Stellar, ensuring greater financial security for users and driving more transactions on the blockchain.
**Monthly Growth Rate in New Users:
We aim for a10% monthly growth rate** in new users adopting Eascrow. This growth will be driven by targeted marketing campaigns, partnerships, and word-of-mouth referrals.
Impact: Steady growth in users will validate the need for decentralized escrow services and encourage broader use of Stellar’s blockchain for secure financial transactions.
**Total Escrow Transactions:
Our goal is to reach500 completed escrow transactions** within the first year of launch. Each transaction represents a successful interaction secured by the Eascrow platform, whether between freelancers, businesses, or individuals.
Impact: High transaction volume will indicate growing trust in the platform, and by processing payments efficiently, Eascrow will reinforce Stellar’s position as a reliable blockchain for cross-border and trustless financial interactions.
**Total Funds Secured through Eascrow:
We aim to secure over$500,000 in transaction value** processed through the platform within the first 12 months.
Impact: This reflects the platform’s ability to handle high-value contracts and further boosts the Stellar network’s credibility for handling secure financial services.
**API Call Volume:
We expect to reach2,500 monthly API calls** by the end of the first year, which will track how often developers and businesses interact with Eascrow’s smart contracts to manage escrow transactions.
Impact: High API usage will demonstrate strong developer engagement and seamless integration of Eascrow into various applications, driving further adoption of Stellar infrastructure for decentralized financial services.
**Stellar Ecosystem Integration:
We plan to secure3 partnerships** with other Stellar-based platforms, allowing them to integrate Eascrow as their default escrow solution. These partners may include decentralized marketplaces, NFT platforms, and other businesses requiring trustless payments.
Impact: Strategic partnerships will extend the reach of Eascrow within the Stellar ecosystem and drive its integration into various sectors, reinforcing the blockchain’s utility for diverse financial use cases.
**User Satisfaction Rate:
We will conduct user surveys to measure satisfaction, aiming for a75% satisfaction rate** from businesses and freelancers using Eascrow. Feedback from these surveys will be used to improve the user experience, platform reliability, and customer support.
Impact: High satisfaction rates will reflect Eascrow’s ability to meet the needs of its users, ensuring trust and encouraging long-term loyalty to the platform.
**Community Participation:
We aim to build an active community ofat least 150 participants** on platforms like Stellar’s Discord, GitHub, and other social channels within the first six months.
Impact: Strong community participation will foster collaboration, innovation, and feedback, driving continuous improvement of Eascrow and increasing its visibility within the Stellar ecosystem.
**Financial Inclusion and Access:
Success will also be defined by the ability of Eascrow to provide accessible escrow services to users inemerging markets**, where trust and access to secure financial services are limited. Our goal is to onboard**at least 20% of users from underbanked regions**.
Impact: Eascrow’s use on Stellar will contribute to expanding financial inclusion by offering low-cost, secure transaction services to users in regions with limited traditional banking infrastructure.
**Contributions to Stellar's Transaction Volume:
We expect to contribute to Stellar’s overall transaction volume by adding5% more escrow-based transactions** to the network within our first year, driving both usage and awareness of Stellar’s capabilities.
Impact: This will enhance the Stellar blockchain’s reputation as a hub for decentralized financial services, attracting more projects and users to the ecosystem.
Our go-to-market strategy for Eascrow on the Stellar blockchain focuses on driving adoption among freelancers, ecosystem applications, and daily crypto users. The strategy leverages Stellar’s fast and low-cost transactions to make escrow services more accessible and seamless for diverse user groups, from B2B freelancers to everyday crypto users. By creating a flexible and secure escrow system, we aim to simplify and streamline payment processes on the Stellar network.
**Target Audience:
**Freelancers, small agencies, and businesses operating in the crypto gig economy, particularly those offering remote services across borders, need a secure, trustless payment solution.
**Partnership with Freelancing Platforms:
**We aim to partner with existing freelancing platforms and business service marketplaces to integrate Eascrow, allowing freelancers to receive payments in Stellar-based coins or other crypto assets. This enables fast and affordable cross-border payments, removing the friction associated with traditional banking methods.
Key Initiatives:
Integration Consulting: We will offer support for freelancing platforms to integrate Eascrow using Stellar’s APIs, providing technical assistance and guidance for smooth onboarding.
Escrow Automation for Gig Work: Sharing the dApp for freelancers to easily create escrow agreements for recurring tasks, allowing them to get paid securely.
**Target Audience:
**Developers, startups, and enterprises within the Stellar ecosystem that seek to integrate secure and automated escrow services into their dApps or blockchain-based services.
**Partnerships within Stellar Ecosystem:
**We will actively partner with Stellar-based applications that require escrow services, including decentralized marketplaces and DeFi projects. These platforms will benefit from a native escrow service that enhances trust between users during transactions, mitigating risks and ensuring fairness.
**Custom Escrow Solutions for B2B:
**Offer customizable escrow services for enterprise applications such as customized dApp design. These businesses can leverage the security and automation features of Stellar smart contracts for more complex, multi-stage transactions.
Key Initiatives:
API Integration and Development Support: Provide detailed documentation, SDKs, and personalized technical support for Stellar ecosystem developers to easily integrate Eascrow services into their platforms.
Collaborative Use Cases and Marketing: Highlight successful use cases with ecosystem applications through co-branded marketing efforts, case studies to inspire other businesses to adopt Eascrow.
**Target Audience:
**Individuals who regularly engage in crypto transactions, from those trading digital assets to users making cross-border payments or purchasing services with crypto.
**User-Friendly Escrow for Peer-to-Peer Transactions:
**For everyday crypto users, we will offer a simple, easy-to-use escrow solution that protects both parties during peer-to-peer transactions, whether buying goods or transferring assets. By utilizing Stellar’s low-cost and fast transaction processing, Eascrow makes crypto-based transactions more secure without the need for a middleman.
**Growth in Emerging Markets:
**With Stellar’s strong presence in emerging markets, we will target users in regions with high remittance volumes and limited access to traditional banking systems. By offering crypto users a secure way to transact through escrow, Eascrow will play a vital role in financial inclusion.
Key Initiatives:
**Integration with Stellar Popular Wallets and DApps:
**We will integrate Eascrow with major wallets like Albedo, Freighter, Hana, making it easy for users to secure their P2P transactions directly within their preferred wallets.
**Escrow for Marketplaces and Social Platforms:
**We will partner with decentralized marketplaces and social platforms, offering Eascrow as a secure payment option, ensuring funds are only released once goods or services are delivered to satisfaction.
**Social Media Presence:
**We will establish a strong social media presence on LinkedIn to engage with the freelancer, developer, and crypto communities. Our content will focus on how Eascrow can streamline transactions, enhance security, and reduce payment friction for businesses and individuals alike.
**Educational Content and Webinars:
**Develop educational resources such as blog posts and tutorials to demonstrate how Eascrow works and its benefits for different use cases. We will create specific content tailored to freelancers, B2B applications, and individual crypto users.
By addressing the specific needs of freelancers, businesses, and everyday crypto users, Eascrow on Stellar aims to revolutionize escrow services with fast, secure, and low-cost blockchain solutions.
While Eascrow is still in the early stages of development, we have already conducted several validation activities that demonstrate strong interest and potential adoption of our platform within the Stellar ecosystem and beyond.
1) User Surveys
In March 2024, we conducted a survey among 500 freelancers and small businesses across Europe and Latin America. The results indicated that 68% of respondents were dissatisfied with their current payment options for cross-border transactions, citing high fees (average of 7% per transaction) and long processing times (2-5 business days). Additionally, 75% expressed interest in an escrow service that guarantees security and faster payments using blockchain technology.
2) User Interviews and Feedback
We conducted over 30 in-depth interviews with freelancers, small business owners, and crypto users. These interviews highlighted a consistent demand for more transparent and secure transaction methods. Key pain points included fear of non-payment or service delivery failures in freelance agreements, particularly in emerging markets. Over 80% of interviewees mentioned that they would be willing to try a blockchain-based escrow service if it could address these issues. This feedback directly aligns with the core functionality that Eascrow offers, providing both sides of a transaction with increased security and trust.
3) Initial Interest from Ecosystem Projects
We have also reached out to several projects within the Stellar ecosystem, including decentralized marketplaces and digital payment platforms. Two projects expressed interest in potentially integrating Eascrow’s services to enhance transaction security for their users. While these are preliminary discussions, they indicate a strong alignment between Eascrow’s offerings and the needs of other ecosystem players.
These early traction points demonstrate that there is significant market demand for a secure, blockchain-based escrow service, particularly for freelancers and businesses dealing with cross-border transactions. As we move towards the beta launch, we expect to solidify these initial interests and convert them into active platform users. Moreover, as soon as the Eascrow initial development is done, we will build our first Eascrow native product: Linqt, the first web3 freelance marketplace on Stellar.
I) Steps for our MVP : ✅
Deliverables List
1) Smart Contract Framework Development✅
Description: Develop a comprehensive smart contract framework for Eascrow. This framework forms the backbone of the escrow service, handling transaction initiation, management, dispute resolution, and secure fund distribution.
Completion Measurement: A fully developed and documented smart contract framework, ready for deployment and integration.
2) Front-End Development of Eascrow Platform✅
Description: Design and develop the front-end of the Eascrow platform. This includes creating a user-friendly interface that allows users to easily manage their escrow transactions, view transaction history, and access customer support.
Completion Measurement: A fully functional and tested front-end interface that delivers a seamless and intuitive user experience.
3) Integration of Smart Contracts with the Front-End✅
Description: Seamlessly integrate the developed smart contract framework (backend) with the front-end platform. This milestone focuses on ensuring smooth interaction between the user interface and the underlying blockchain infrastructure.
Completion Measurement: A fully integrated system where front-end actions are effectively executed and recorded on the blockchain through the smart contracts.
Eascrow dApp Presentation : https://www.youtube.com/watch?v=tSACsGed1SU
December 2024 to March 2025
Deliverables List
1) Update our Graphic Chart
Create a professional-grade graphic charter for Eascrow to establish a cohesive and recognizable visual identity. This includes:
Designing a new logo and branding elements.
Developing a consistent color palette and typography.
Transitioning from a light theme to a dark theme across all platform interfaces.
Updating all existing graphical assets to align with the new visual identity.
Documenting the graphic standards in a comprehensive guide for future reference.
Completion Measurement:
A complete graphic charter document finalized and approved by the team.
All platform interfaces updated with the new dark theme and visual elements.
Consistency checks confirming that all branding materials adhere to the new guidelines.
Positive feedback from a user focus group evaluating the new design.
Estimated Completion Date: January 2, 2025
Budget: $9,900
2) Internal Smart Contract Testing and Debugging
Develop the core functionalities of the Eascrow smart contracts and conduct thorough internal testing and debugging. This includes:
Implementing all essential smart contract features for escrow services, such as fund holding, conditional fund release, and dispute resolution mechanisms.
Conducting unit tests for individual contract functions.
Performing integration tests to ensure contracts work seamlessly with each other.
Identifying and fixing bugs or vulnerabilities in the contract code.
Documenting the smart contract architecture and code for transparency and future maintenance.
Completion Measurement:
Smart contracts are fully functional with all core features implemented.
All unit and integration tests pass successfully with high code coverage.
A comprehensive test report documenting test cases, results, and bug fixes.
Internal security review completed with no critical vulnerabilities detected.
Smart contract code and documentation are finalized and ready for deployment.
Estimated Completion Date: February 15, 2025
Budget: $20,950
3) Website Development and Debugging
Design and develop the Eascrow website to provide users with access to the decentralized application (dApp) and information about the platform. This includes:
Creating engaging web content, including images, 3D elements, and informative text.
Developing the front-end interface with a focus on user experience and accessibility.
Ensuring responsive design for compatibility with various devices (desktop, tablet, mobile).
Implementing navigation flows for key functionalities like account creation, transaction management, and support.
Conducting thorough testing and debugging to optimize performance and eliminate issues.
Completion Measurement:
Website is fully operational with all planned pages and functionalities implemented.
Content is professionally crafted, accurate, and aligns with the new graphic charter.
Website passes usability testing with positive feedback from test users.
Performance metrics meet targets (e.g., fast load times, smooth interactions).
All identified bugs are fixed, and the website is ready for public access.
Estimated Completion Date: March 30, 2025
Budget: $20,000
April 2025 to March 2025
Deliverables List
1) Website Deployment
Deploy the final version of the Eascrow website to the live production environment. This includes:
Setting up secure hosting solutions and configuring servers.
Configuring DNS settings to point domain names to the hosting servers.
Implementing SSL certificates to ensure encrypted connections.
Testing the live environment to ensure all functionalities are working as intended.
Establishing monitoring tools to track website performance and uptime.
Completion Measurement:
Website is live and accessible to the public at the official domain.
All front-end functionalities operate seamlessly without errors.
Security measures are in place, verified by SSL certification and security testing.
Monitoring systems are active, and baseline performance metrics are recorded.
Successful completion of a soft launch with initial users accessing the website.
Estimated Completion Date: April 14, 2025
Budget: $16,500
2) dApp Deployment with Core Functions
Description:
Deploy the Eascrow decentralized application (dApp) with all core functionalities to the Stellar MainNet. This phase includes:
Ensuring smart contracts are audited (via the audit bank) and ready for MainNet deployment.
Configuring the dApp to interact with the MainNet smart contracts.
Implementing wallet integrations for user transactions (e.g., support for popular Stellar wallets).
Conducting final tests to ensure all features like transaction management and escrow creation work correctly in the live environment.
Preparing documentation and guides for users on how to use the dApp.
Completion Measurement:
The dApp is fully deployed and accessible through the Eascrow website.
Users can successfully create and manage escrow transactions on the Stellar MainNet.
All core functions perform reliably under real-world conditions.
User onboarding processes are smooth, and support materials are available.
Positive initial user feedback and successful completion of real transactions.
Estimated Completion Date: April 28, 2025
Budget: $19,500
3) Final Debugging of Website and dApp
Conduct thorough testing and debugging of the live website and dApp to resolve any remaining issues and optimize performance. This includes:
Monitoring for bugs or errors reported by users or detected through monitoring tools.
Addressing performance bottlenecks and optimizing code where necessary.
Ensuring cross-browser and cross-device compatibility.
Enhancing security measures based on any new threats or vulnerabilities identified.
Finalizing all user support systems, including FAQs, helpdesk, and feedback mechanisms.
Completion Measurement:
All critical and high-priority bugs are fixed.
Performance metrics meet or exceed predefined standards (e.g., transaction processing times, page load speeds).
Security audits confirm no outstanding vulnerabilities.
User support systems are fully operational and effective.
User satisfaction rates improve based on feedback surveys.
Estimated Completion Date: May 14, 2025
Budget: $12,250
At just 20, Antoine is a serial entrepreneur constantly on the lookout for new ideas and interesting projects to take on. He joined the web3 ecosystem 2 years ago, working on various NFT projects and a P2E, in partnership with well-known blockchains, in particular FluxLabs and Near. He now wants to embark on a project more focused on DeFi, by launching Eascrow in the hope of bringing something new and useful to the Stellar blockchain.
Links:
https://www.linkedin.com/in/antoine-lieber/
https://twitter.com/blockshayn
He has worked on numerous projects and has been involved in the web3 ecosystem for 2 years now. At just 17, this young talent has managed to stand out from the crowd with his skills in both 3D and 2D. Having worked on a number of successful NFT projects with Antoine, he has now decided to follow him on this new DeFi project in search of new experience and knowledge. Matteo is in charge of all the graphic aspects and user experience of the project.
Links:
Professional developer for five years, he has primarily specialized in backend development within the industrial sector. He also gained a year of experience in blockchain development, working on EVM smart contracts using Solidity. Over the past two years, he has focused on Rust for personal projects, which has allowed him to explore the possibilities of Solana and, more recently, Stellar through Stellar. At Eascrow, he is responsible for developing the smarts contracts.
Links:
https://www.linkedin.com/in/tanguy-%F0%9F%90%94-morvant-296a9198/
https://github.com/IshariFluttershy
A Fullstack Developer at a company specializing in industrial software, he recently earned his Blockchain Developer certification from Alyra. In parallel, he develops decentralized applications (DApps) on the EVM and writes smart contracts in Solidity. At Eascrow, he is responsible for developing the website and the dApp.
Links:
https://www.linkedin.com/in/imbertf/
He has worked as a consultant for small and medium-sized businesses in marketing, communication, and business development strategy, as well as a trainer in negotiation and sales management. With a master's degree in digital economics and a passion for new technologies, he quickly became interested in decentralized finance and blockchain technology when they first took off. Today, he holds the position of Product Owner, while focusing on the new technologies and opportunities offered by web3.
Links:
https://www.linkedin.com/in/dylan-lagache/
Links:
https://www.linkedin.com/in/enzo-soyer/
7) MAINGUENAUD Sylvain : Advisor
Links:
eascrowww
MORVANT Tanguy
Antoine Lieber
Antoine Lieber
By Eascrow
Eascrow