Safe Work Pay :Web3


:locked_with_key: Project Name

SafeWorkPay


:stop_sign: Problem Statement

  • Freelancing platforms often face payment disputes and trust issues.
  • Clients may withhold funds even when work is completed.
  • Developers may fail to deliver after receiving payment.
  • These issues discourage honest participation and reduce efficiency.
  • There’s a need for a secure, transparent, and fair system to build trust between clients and freelancers.

:white_check_mark: Solution Overview

  • SafeWorkPay is a decentralized freelancing platform powered by blockchain and DAO governance.
  • Clients deposit funds into a smart contract, which holds the money in escrow.
  • Funds are released only when milestones or full projects are completed and verified.
  • In case of disputes, a DAO (Decentralized Autonomous Organization) reviews the work and decides on a fair resolution.
  • The DAO can release funds proportionally based on project completion (e.g., 50% work = 50% payment).
  • Combines the strengths of blockchain’s trustless escrow and community-driven governance, unlike traditional platforms like Upwork or basic blockchain-based platforms like Ethlance.

:memo: Project Description

  • Clients can post projects and deposit funds into smart contracts.

  • Developers bid on projects and submit milestones as they complete work.

  • The DAO votes on project completion status in case of disputes.

  • Smart contracts release payments when milestones are verified.

  • Features include:

    • Milestone-based payments
    • DAO-powered dispute resolution
    • Blockchain-based reputation system
    • Native token (SWP Token) for payments and governance
  • Ethereum Layer 2 ensures scalability and low fees.

  • A simple web interface allows users to post jobs, bid, chat, and track progress.

  • The MVP will include:

    • A basic web UI
    • A smart contract escrow system
    • A demo DAO voting interface to simulate dispute resolution.

:globe_showing_europe_africa: Community Engagement Features

:wrench: Testable Features/Tasks

  • Project Posting & Bidding:

    • Clients post test projects.
    • Developers submit bids.
  • Milestone Submission & DAO Simulation:

    • Developers upload sample code for a milestone.
    • DAO members simulate voting to approve or reject the milestone.
  • Feedback Submission:

    • Users give feedback on the platform’s design or DAO decisions.

:sports_medal: Points System

  • Post a project: +50 points

  • Submit a bid: +30 points

  • Complete a milestone (DAO verified): +100 points

  • Provide feedback: +20 points

  • Points are stored on a blockchain ledger and redeemable for:

    • SWP Tokens
    • Platform benefits like reduced fees

:video_game: Gamification

  • Users are rewarded for participation through points and tokens.
  • A leaderboard displays top testers and contributors.
  • The system encourages interaction and trust-building while testing.

:person_raising_hand: Getting Involved

  • Test the MVP:

    • Sign up on safeworkpay.com (or testnet)
    • Post projects, bid, and give feedback during the hackathon
  • Contribute Code:

    • Developers can help improve the smart contracts and frontend UI
    • GitHub repo link will be shared post-hackathon
  • Join the Community:

    • Participate in discussions on Discord or Telegram
    • Stay updated and propose new features
  • Provide Expertise:

    • Blockchain/DAO professionals can guide governance and voting logic
    • Contact the team via the community forum

Let me know if you want a one-pager version or presentation slides too.

5 Likes

Great approach combining DAO governance with escrow! How do you plan to ensure DAO voters stay impartial and avoid conflicts of interest during dispute resolutions?

1 Like

It looks a great idea but I kind of got same question here! What governance mechanisms would ensure that the DAO remains fair and resistant to manipulation?

2 Likes

Hello @rahul_iiitv , how are you?

Is there any form of KYC or identity verification to prevent spam or fraudulent job postings and bids?

2 Likes

This is really good. And the issues with the freelance companies are so true, especially when some jobs even ask you to pay some money first and only then they may hire you or nah.
You have a great and solid plan, Rahul!

2 Likes