Hello OCT Community,
I'm following up on the
escrow service
marketplace thread. I'm the founder of Zenland, and I want to be fully transparent about what we're building and why we're here.
We're developing a standardized
escrow solution for
crypto transactions, starting with a simple but crucial goal: making peer-to-peer trades safer. While we recognize that escrow isn't perfect (like in cases where a buyer claims they received rocks instead of an iPhone), we believe the OCT community's experience is invaluable in building a better system.
Our Current Implementation:
- Smart contract-based escrow system with verified agents
- Transparent agent selection process with public reputation tracking
- Server-hosted contract templates (moving towards full decentralization)
Important Note: While we offer default Zenland agents, we recommend not using them for complex trades like company acquisitions. These require specialized expertise that we currently don't claim to have.
Planned Features:
1. Direct Escrow Contracts
- No arbitrator needed
- Buyer locks funds until satisfied
- Both parties must agree for fund returns
2. Arbitrated Escrow Contracts
- Agents can set preferences for contract participation
- Custom fee settings (fixed or percentage-based)
- Complex cases can be escalated to community governance
- Additional security for high-risk trades
Near-term Development:
- Factory contract for standardized deployment
- Community-driven improvements
- Transition to DAO governance
Future Participation Opportunities:
We're looking for community members who understand the pain points of
crypto trading to help shape this platform in several ways:
1. Platform Development
- Testing and providing feedback
- Helping improve user experience
- Participating in security reviews
2. Strategic Involvement
- Becoming an advisor
- Early-stage
investment opportunities
- Joining the future DAO governance
- Contributing as an escrow agent
Platform Testing:
We understand the importance of hands-on experience. We've set up a test environment on Polygon where community members can try the platform's features. Reach out if you'd like to participate in our testing program.
Why We're Here:
We want to build this with the OCT community. This isn't about quick profits or empty promises. We're building a sustainable platform that addresses real needs, and we're starting with the community that knows these challenges best.
Happy to answer any questions or concerns openly in this thread.