2 Use cases
Zenland smart contracts are general use escrow contracts that store the specific
conditions of purchase or sale along with its payment inside the blockchain. Because
such conditions are mutually set between the users, our escrow contracts can be used
for any product / service / asset tradable online P2P.
Some of the common use cases include digital products, freelance services, and OTC
trade.
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Domain names and websites
Domain names and website flipping are part
of today's "make-money-online" economy.
Unsurprisingly fraud incidents with the online
business sales and purchases are common.
Transparency and trustless nature of the
Zenland contracts ensure security of the
ownership transfer and piece of mind on
both sides.
Artwork and collectibles (NFT)
For their price appreciation and uniquness,
artwork and collectibles (including non-
fungible tokens) are yet another frequent
category targeted by fraudsters. Using
simple escrow contracts stored on the
blockchain ensures a safe and successful
purchase or sale of digital artwork, NFT, and
other vintage items.
Anything tradable online
Any product, service, or asset that is traded
online can be bought or sold with Zenland
contracts. Fully customizable contract
conditions approved before sending the
contract to the blockchain allow no
manipulation or deceit and ensure these
conditions are met before the payment is
made and the contract is executed.
In-game assets, games,
and game accounts
Despite the existing marketplaces for avid
gamers and streamers, there is still a safety
concern. Users report their accounts
compromissed and in-game assets stolen; or
received fake assets when exchanging P2P
outside Steam. Zenland contracts ensure the
transaction is fair and both sides complete
their part of the deal.
Freelance services
(micro/micro tasks)
As the gig economy grows, more people buy
or sell their services and skills through
freelance marketplaces, forums, and social
media. Yet because of inadequate
commissions, fake job postings, and "test-
project" scams, micro and macro-tasking has
become increasingly less profitable and
more risky without escrow.
OTC currency exchange
Currency exchange is a high risk area where
most people lose money to carefully planned
phishing schemes, exchange rates, and
middleman fees. Run on the blockchain,
Zenland escrow contracts ensure a safe and
trustless exchange of crypto to fiat, crypto
to crypto, and fiat to crypto between peers
without a middleman.