A escrow service for Guild clients. For each new Raid, a new Minion proposal will be submited that formally begins the Raid and spins up a new escrow account. Clients will then be able to deposit funds into the escrow and release them to the Raid Party following agreed-upon milestones.
Why should we build this?
The escrow service and surrounding functionality will accomplish several goals for the Guild:
Ensure that client money exists and is earmarked for payment to the Guild / Raid Parties
Formalize the process by which clients pay the Guild / Raid Parties for services
Give clients additional assurances that they will receive value for their payment
Formalize the process for beginning a raid, which will double as the creation event for the raid-specific Series LLC
This infrastructure will be open source and designed to be reusable by other DAOs.
Anything else you'd like to add?
The escrow service is part of a larger vision for Raid Ops Automation. Assuming the result of this RIP works as expected, additional RIPs will be proposed build out that broader vision.
Raid Party Skills Needed
Warrioring to build client and guild admin UI
Archery to design client- and guild-facing UI
Wizardry to write and verify the smart contract
Monking / Barding / businessing to help define requirements
Scribing to produce content describing the escrow service and Guild partnership with LexDAO
Project Submitted By
@slgraham @dekanbro @manolingam @maxgrok @ross
Summary
A escrow service for Guild clients. For each new Raid, a new Minion proposal will be submited that formally begins the Raid and spins up a new escrow account. Clients will then be able to deposit funds into the escrow and release them to the Raid Party following agreed-upon milestones.
Why should we build this?
The escrow service and surrounding functionality will accomplish several goals for the Guild:
Anything else you'd like to add?
The escrow service is part of a larger vision for Raid Ops Automation. Assuming the result of this RIP works as expected, additional RIPs will be proposed build out that broader vision.
Raid Party Skills Needed
Cost (in WETH)
7 WETH