EscrowBot

OpenHatch Escrow bot is here to streamline escrow transactions, ensuring a smooth and trustworthy exchange process for all involved.

With our bot in your corner, you can rest assured that your transactions are conducted with the highest level of security. In the unlikely event of any issues, our platform allows for payments to be disputed and resolved promptly.

The Bot charges a minimal 1% Escrow fee upon creation, ensuring a fair and transparent process for all parties.

Here's a step-by-step guide on how to use the OpenHatch Escrow Bot:

1. Start Interaction:

• Start a conversation with the OpenHatch Escrow Bot.

2. Create Escrow:

• If you're the client, you can create a new escrow. Follow the prompts to provide details such as project name, description, budget, and milestones.

3. Review Escrow Details:

• Once you've provided all the necessary information, review the details of the escrow before finalizing. Confirm that all the information is accurate.

4. Manage Escrow:

• After creating an escrow, you can manage it through the "My Escrows" section. Here, you can view the status of your escrows and take necessary actions.

5. Add Milestones (Optional):

• If needed, you can add milestones to your escrow. Make sure the total amounts for these milestones do not exceed your allocated budget.

6. Deposit Funds:

• If you're the client, you need to deposit funds into the escrow. Follow the instructions to deposit the required amount.

7. Monitor Escrow:

• Both parties can monitor the progress of the escrow through the bot. You can check the status of ongoing escrows and any milestones achieved.

8. Request Release:

• When milestones are completed, the service provider can request the release of funds. The client will then review the request and take appropriate action.

9. Resolve Disputes (If Necessary):

• In case of disputes, either party can file a dispute request through the bot. Follow the prompts to provide relevant information and documentation.

10. Withdraw Funds:

• Once the escrow is completed, and all milestones are met, the client can withdraw funds from the escrow. Follow the instructions to initiate the withdrawal process.

11. Seek Help (If Needed):

• If you encounter any issues or have questions about using the bot, you can seek assistance from the support agent provided.

Remember to proceed with caution and ensure all terms and conditions are understood before engaging in any escrow transactions through the bot.