TIPX uses a secure escrow system to protect both clients and freelancers:
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Client awards the project
When a client selects a freelancer's proposal, they fund the escrow with the agreed-upon amount of TIPX tokens.
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Funds are held in escrow
The TIPX tokens are locked in a smart contract until the project is completed.
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Freelancer completes the work
The freelancer delivers the work as specified in the job description.
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Client reviews and approves
The client reviews the work and approves it if satisfied.
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Funds are released
Upon approval, the TIPX tokens are automatically released from escrow to the freelancer's wallet.
If there's a dispute, both parties can request mediation through the platform.