What is EscrowDapp

About The EscrowDapp

EscrowDapp is a decentralized application running on blockchain and secured by open source smart contract.

It acts as a neutral third party between buyer and seller to protect both parties from potential fraudulent actions of the other.

Whitepaper Docs

Secure & Trustfull

Open source code, on-chain transactions with verified smart contract; safely store funds.

Multichain

Thanks to EVM compatible blockchains; we are running on Avalanche, BNB Smart Chain, Ethereum, Fantom, Polygon, TomoChain.

Don't Trust, Verify

A decentralized escrow would be an independent mechanism that would remove the need for human interaction, or at least cut it down to a minimum. That is main reason why decentralized escrow will be the core part of the future.

You Are In Control

Advantage of decentralization and smart contract; no governing entity controls your funds, no one can prevent you from withdrawing your funds.




Why EscrowDapp

Thanks To Blockchain

Built for the benefit of the public

open
Open Source
decent
Decentralized
secure
Safe & Secure
fee
Fixed 1% Fee
mobile
Mobile Friendly
multichain
Multichain

How it Works

When Buyer initializes an escrow transaction, Buyer's coin/token is locked in the smart contract. Once Buyer confirms the Seller’s obligations are fulfilled, Buyer can release funds to Seller.

Detailed Schematic UI Guide
howitworks



Roadmap

Timeline

Our Journey

August 2022

Grants from TomoMasterDAO

November 2022

Dapp coded, switched to tests and audit part

December 2022

EscrowDapp and marketplace beta version launch

January 2023

Partnership attempts with stablecoin manufacturers

Q1 2023

Find grants for marketing & evolve marketplace beta web2 to web3

Q2 2023

Consider to add more features, blockchain networks and tokens/coins to dapp

Q3 2023

Find new partners, users, consultants and more grants for marketing

Q4 2023 & Beyond

Strive to be the most popular and most trusted escrow solution on blockchain

FAQs

Frequently Asked Questions

Escrow technically means a bond of trust between two parties making a service deal with each other by involving a mediator in-between. Traditionally, escrows are conducted by the involvement of a third-party which is responsible of making sure neither of the parties involved in the service deal is defaulting.
EscrowDapp is a decentralized application (dApp) running on blockchain and secured by open source smart contract. It acts as a neutral third party between buyer and seller to protect both parties from potential fraudulent actions of the other. The marketplace feature is which you can list/explore services or products.
You can use web3 wallets to connect to dapp.
Escrow feature is running on Avalanche, BNB Smart Chain, Ethereum, Fantom, Polygon and TomoChain. The marketplace is which you can list/explore services or products is running on Polygon only.
Please check docs for coins/tokens details. If you don't have any, you can use popular exchanges to buy like Binance, Kucoin or debit/credit card service.
No. We may store your wallet address but does not receive or store your wallet password, encrypted private key, unencrypted private key, or mnemonic (backup) phrase associated with your wallet.
Yes, the audit done by Verichains. You can check the report.
Your coin/token will be locked in smart contract.
Either/both of the parties might not be honest in making the deal - and this might result in locking up of one’s money in the escrow until the issue is resolved by involvement of legal authorities. If anything goes wrong; you will send us your evidence of the issue by e-mail or support ticket. We'll check them and decide that who is honest/right. If the case is not clear/certain, we can apply to professional consultants if you are okey to pay the costs. If you don’t want us to apply consultans, you'll need to sue the buyer/seller. After the case is clear, we'll refund the money to seller/buyer.
You need to follow your escrow process. If there is any requirement, you need to take actions from My Profile tab. Please check the "Detailed Schematic" and "Guide" from How It Works section to understand better. You are the only person who is liable for any losses, damages, claims related to the use of the EscrowDapp.

If you need to pay taxes to your government, you need to calculate it by yourself.

Note that; scammers can contact you via fake twitter, telegram accounts or e-mail etc. You must be aware that we will never DM you first over anywhere, we will never ask you money or we will never ask your private key/recovery phrases of your wallets.

For more, please read our Legal page.
We don't have currently but we will consider to issue a token in the future.

Couldn't find your answer? Let's contact us.