🔄Smart Contract Workflow: From Agreement to Payout
Step-by-step guide to how smart contracts work on Midcontract — from setup to escrow funding, delivery, and instant payouts.
Midcontract streamlines collaboration between freelancers, agencies, and clients — from setting expectations to getting paid.
🛠️ 1. Create a Smart Contract
Either party can initiate a contract via a simple interface. Choose the contract type (fixed, milestone, or hourly), set deliverables, deadlines, and payment terms — all in one place.
📄 Explore supported contract types →
Each agreement is backed by a smart contract — no PDFs, no scattered docs, no second-guessing. You can still chat and coordinate as needed, but the core terms are locked on-chain for total clarity and trust.
👤 2. Complete Identity Verification
Before funding begins, both parties must complete a one-time identity verification (KYC). This protects both sides and ensures compliance.
💰 3. Fund the Escrow
Once terms are accepted, the client deposits funds into escrow. These funds are held in a smart contract — not by Midcontract — and remain locked until work is approved.
💸 How escrow protection works →
To fund the escrow, simply deposit stablecoins directly, or easily purchase them using fiat via our integrated partner services — available in select regions.
🌍 See payout and funding options →
📦 4. Deliver the Work
The freelancer or agency completes the task and submits it through the platform. This triggers a client notification for review and approval.
📤 Submitting work and revisions →
✅ 5. Approve & Get Paid
Once the client approves the work, funds are instantly released from escrow to the freelancer.
Payouts are made in stablecoins. Want to cash out in fiat? No problem — use our built-in partner service to convert and withdraw to your preferred local method.
✨ Why It Works
No payment chasing
No unclear scope
No confusion about what’s been agreed
Midcontract creates a transparent, automated workflow for both sides.
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