Freelancing
Alright can make it safer and easier to buy or sell contracted services
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Alright can make it safer and easier to buy or sell contracted services
Last updated
Was this helpful?
Alright is a better way to handle freelancing work, such as gigs, contracts, commissions when you need to ensure the work gets done and the freelancer gets paid.
Beth wants to hire Dave to build a website for her. They agree on a price and the requirements the site must meet. Beth chooses to escrow her payment through Alright so that Dave gets paid when the work is delivered.
To keep them both honest, they each put up a security deposit. The payment and security deposits are sent to Alright's smart contract, and when the details match, Alright locks them in.
Beth feels confident that Dave will complete the project because he has collateralized their agreement. Dave can start work knowing Beth will follow through on the payment because she has also contributed collateral.
Dave presents the finished product to Beth and requests payment. Beth is satisfied with the work and agrees to release the funds. As soon as she does so, her payment is forwarded to Dave and they both receive their collateral back.
