How It Works
How EcoTrustFund protects every transaction
EcoTrustFund guides both parties through a structured escrow flow: agree on terms, lock funds securely, complete delivery checks, and release only when conditions are met. Every stage is timestamped for accountability and easier dispute handling.
1. Define the agreement clearly
Set the deal amount, timeline, milestones, and delivery expectations before money is deposited. This creates shared clarity from day one and reduces misunderstandings later in the transaction.
2. Confirm participants and responsibilities
Both parties review and accept the same terms before funding. This ensures the payer, receiver, deliverables, and acceptance criteria are aligned before money is locked.
3. Fund the escrow
Once terms are accepted, the payer funds the escrow and the transaction becomes active. Funds stay protected while both sides complete their obligations based on the agreed timeline.
4. Deliver and document progress
The receiver submits deliverables and supporting evidence against each milestone. The payer can review what was delivered, ask for clarifications, and track updates without leaving the escrow workflow.
5. Approve milestones and release funds
If delivery matches the agreement, the payer approves the milestone and the related amount is released. This keeps payment tied to verified progress instead of assumptions.
6. Resolve disputes when needed
If there is disagreement, both parties submit evidence within defined windows. Moderators review submissions and issue a transparent decision that determines fund distribution.
7. Settle and withdraw
After release or ruling, wallet balances update and users can keep funds in-platform or withdraw according to account limits and supported rails.
8. Keep a complete audit trail
EcoTrustFund maintains a full timeline of agreement edits, approvals, releases, and dispute actions so users have a reliable record for operations and compliance checks.