Secure escrow for Somali creator deals: hold crypto until delivery, release automatically.
Somalian content creators are excluded from PayPal and Stripe due to international sanctions, forcing them to use high-fee, risky crypto or hawala systems for international payments.
SomaEscrow provides multisig escrow contracts for high-value content sales or custom work. Buyers send crypto to a shared wallet; funds release on mutual confirmation or timeout. Creators avoid scams common in hawala/crypto P2P, with dispute resolution and Somali mediator options.
Content creators based in Somalia seeking international payments
Multisig on low-fee Polygon, integrated Somali dispute hotline, and insurance micro-premiums for deals over $500.
professional
Set deal terms, amounts, deadlines; generate contract link.
Create 2-of-3 multisig via Wallet API for buyer/creator/platform.
Buyer deposits, parties confirm delivery/release.
Escalate to review, with evidence upload.
Track all escrows, earnings, status.
Funds return if deadline passes.
Optional coverage for disputes.
Pre-made deal templates.
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| text | No | |
| role | text | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| creator_id | uuid | No |
| buyer_id | uuid | Yes |
| multisig_address | text | No |
| amount | int | No |
| status | text | No |
| deadline | timestamp | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| escrow_id | uuid | No |
| evidence_url | text | Yes |
| resolved | bool | No |
| resolution | text | Yes |
Relationships:
/api/escrowsCreate escrow
/api/escrows/:id/confirmConfirm deposit/delivery
/api/escrows/:id/disputeRaise dispute
/api/escrowsList user escrows
/api/escrows/public/:idView public contract
/api/monitor/:addressCheck multisig balance
<$100 deals
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 35 | 6% | $32 | $380 |
| Month 6 | 300 | 12% | $540 | $6,480 |
Avoid P2P scams: Multisig holds funds until both happy. Perfect for courses, commissions, collabs.
Post in Somali freelance FB groups (5k+ members) with free Pro for first deals. DM graphic designers/music producers from Somalia on Upwork/Behance. Offer to Somali diaspora buyers on Twitter for cross-border tests.
Trusted
Fiat only, high min
Crypto for sanctions
Integrated
No niche support
Creator-focused UX
Accumulated dispute data for AI predictions, exclusive Somali mediator network.
Freelance boom post-COVID; Somalia freelance market up 150%, scams rampant in crypto P2P.
Dispute liability
Arbitration terms, no fund custody
Multisig failures
Testnet first, audited libs
Low deal volume
Free tier ramp
Mediator scaling
Volunteer network
Success: 90% prefer over P2P
Success: 100% completion
Success: 20 escrows
Success: 50 deals/mo
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