Smart Invoice
Crypto invoicing made simple.
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Spencer Graham

Smart Invoice - A new way to pay and get paid for services

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Smart Invoice
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Smart Invoice turns invoicing on its head:
- Sent at the beginning of the project instead of the end
- Client pays up front
- Funds remain in escrow and aren’t released until work is delivered
- Built on Ethereum so payments are fast, secure, and cheap

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Dan Globber
is there an escrow fee or transfer fee?
Spencer Graham
Maker
@dang_1977 Smart Invoice lives (currently) on the xDAI network, an Ethereum sidechain, so there may be fees to acquire the digital currency required to interact with it. But once you have them, there are no transfer fees outside of the typical transaction fees for any transaction, which are extremely cheap (fractions of a penny) on the xDAI network. There is also no escrow fee! The only fee that Smart Invoice charges is for dispute resolution, and that fee is set by the arbitration provider, which you can select when creating a new Smart Invoice. The current default arbitration provider is LexDAO, who charges a 5% fee.
Spencer Graham
Maker
Hey Product Hunt, I'm excited to share this product with you! From the web3 demon-slayers at Raid Guild, Smart Invoice is a new way to pay and get paid for services. Freelancers, contractors, and other service providers can use Smart Invoice to facilitate better relationships with their clients and get paid faster and more reliably! Clients using Smart Invoice can guarantee that they'll only pay for quality work. How does this work? Smart Invoice combines three things into seamless product, all built with Ethereum smart contracts: 1. Escrow 2. Arbitration & dispute resolution 3. Milestone payments For more detail, check out our announcement blog post: https://medium.com/raid-guild/in... And please let us know what you think!
Rolande Huffman
does this work globally?
Goertz Major
@rolande_huskey co-asks. I would like to try it with my remote dev teams.
Spencer Graham
Maker
@rolande_huskey @major_goertz yes it does! There are no borders in Ethereum ;)
Karol Andruszków
Guys, it is very interesting to see this kind of solutions in our digital world. I will try to use your services in my start-up! It looks like a lifesaver when your team is based all over the world.