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Milestone Gigs Onchain

Overview of a milestone gig and templates

Zero Authority1 min readMarkdown

In short

A milestone gig splits payment into up to 5 milestones, each released when the client marks it complete. If the client does not, funds can be redeemed by the client, then the creator, after the end date.

  1. Initiating a Milestone Contract:
    • Begin by creating a milestone contract on the platform.
    • The start date is initiated at the time of the transaction block confirmation on the blockchain.
  2. Setting Milestone Details:
    • Specify an end date for the milestone contract.
    • Note that up to 5 milestones can be created for a single contract.
  3. Payment for Milestone Delivery:
    • When ready to pay for the delivery of a milestone, select the "complete" option.
    • The clarity contract will automatically release funds specifically for the completed milestone.
  4. Automatic Redemption for Inactivity:
    • If the client takes no action or forgets to mark milestones as complete, 5 days after the end date, the client can choose to redeem funds.
    • This action triggers the clarity contract to release funds.
  5. Creator's Redemption Opportunity:
    • If the end date is triggered and the client hasn't redeemed funds within 5 days, the creator has the option to trigger fund redemption.
  6. Remaining Funds for Creator:
    • Upon redemption, the creator receives any remaining funds for the completed work.
  7. Reputation Badges:
    • Clients earn a reputation badge for initiating a service request.
    • Creators earn a reputation badge for delivering the requested service.