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Raise Sign

An escrow service that holds fundraise until both parties sign the contracts

Raise Sign

Created At

ETHGlobal Singapore

Project Description

Raise Sign allows any web3 project raise funds confidently. We allow the VCs escrow the funds and let the project owner create documents to be signed. Using Sign attestation we deposit the funds to the project's account when both parties agree and sign the contracts. During this time the funds are held in a contract and in case of a disagreement on the contract, the funds are sent back to the VCs.

How it's Made

We used Sign to create an attestation per contract. This attestation is also accompanied with the actual contract file, in pdf for now, in Arweave distributed file storage. We keep the funds in a multi-sig contract with a defined time limit. In an agreement or disagreement, the funds are sent to either the project owner's wallet or back to the VCs.

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