Online / Internet Transactions
Lucid protects online transactions by holding funds until goods, services, or digital assets are delivered as promised.
How It Works
AgreementBuyer and Seller sign agreement terms on Lucid
EscrowBuyer deposits funds
DeliverySeller transfers goods or digital assets
AcceptanceAcceptance is automatic upon fulfilment of transaction conditions
DisbursementLucid disburses funds automatically to Seller
Ideal For:
- Freelancers
- Online marketplaces
- Digital asset sales
Benefits:
- Protection against non-delivery
- Clear transaction accountability
- Increased trust in future deals
- Automatic disbursement of funds
Lucid's Role:
- Holds funds securely until delivery is confirmed
- Releases funds according to the agreed transaction conditions
- Provides clear transaction accountability for both sides
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