✏️Creating a Contract: Setup, Scope & Terms

Create freelance contracts on Midcontract in minutes. Define scope, payment terms, and structure β€” with on-chain escrow protecting both sides.

Creating a contract on Midcontract is fast and flexible.

Any party β€” freelancer, client, or agency β€” can initiate it. Every agreement is enforced via smart contract escrow.


🟒 Step 1: Start a New Contract

From your dashboard, click β€œCreate Contract”.

You’ll be asked to provide:

  • Contract name

  • Email of the other party

  • Payment method β€” stablecoin (with optional fiat on-ramp via our partner service)

Only one side needs to create the contract β€” the other will receive an invite to review and accept.


πŸ“‹ Step 2: Add Project Details

Specify:

  • Project Category β€” e.g., Design, Development, Marketing

  • Project Requirements β€” describe deliverables, scope, and expectations

This ensures clarity and alignment for both parties.


πŸ’° Step 3: Set Payment Type & Budget

Choose your contract structure:

  • Fixed Price β€” single or milestone-based

  • Hourly Rate β€” paid for tracked hours

  • Retainer (coming soon) β€” flat fee per task unit

Then, set the total budget and due date.

You can break it into milestones if needed.

πŸ“„ Learn about contract types β†’


🧐 Step 4: Review & Send

See a full preview of the contract:

  • Recipient’s email

  • Scope and deliverables

  • Payment method

  • Budget and fees

If everything looks good, click Send Contract.

The recipient will be notified and can accept the terms.


πŸ” Step 5: Identity Verification

Before the contract goes live, both parties must complete KYC verification.

This is a one-time process to ensure compliance and reduce fraud.


βœ… Step 6: Finalize Setup

Once both parties have approved the contract and completed verification, it’s time to connect wallets.

πŸ”— Wallet connection guide β†’

At this stage, the contract is pending activation β€” it will only go live after:

  • Both wallets are connected

  • Funds are deposited into escrow

πŸ’³ Learn how escrow funding works β†’

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