Gig-Escrow
A simple, smooth web3 based website for freelancing, sort outs major frauds between freelancer and project distributor
Created on 23rd February 2025
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Gig-Escrow
A simple, smooth web3 based website for freelancing, sort outs major frauds between freelancer and project distributor
The problem Gig-Escrow solves
The Ethereum-Based Digital Identity & Decentralized Freelance Work Escrow System enhances transparency and security in freelancing by leveraging web3 technology. It uses Soulbound Tokens (SBTs) to verify work history, multi-signature escrow for secure payments, and milestone-based payouts to ensure freelancers are paid fairly. Integrated with Next.js, WalletConnect, MetaMask, and SQLite, the system enables secure authentication, storage, and communication, eliminating fraud, payment disputes, and missed deadlines, creating a safer and more reliable freelancing ecosystem.
Challenges we ran into
We faced challenges in implementing multi-signature escrow with automated dispute resolution while ensuring decentralization. A vulnerability initially threatened fund security, which we mitigated using the Checks-Effects-Interactions pattern. For Soulbound Tokens (SBTs), we ensured fraud resistance by linking issuance to on-chain verified work. To prevent admin centralization, we used multi-sig-controlled arbitration with time-based auto-refunds. These measures ensured a secure, fair, and decentralized system.
Tracks Applied (1)
Ethereum Track
ETHIndia