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Investor · 2:33 min

Escrow purchase, finalization and refund

In a sale with escrow the payments wait in the sale contract. Tokens are delivered only if the sale reaches its minimum, otherwise every buyer takes the money back.

Narration in English, subtitles in your language. Recorded on the demo platform with demo data and the demo stablecoin tUSDC.

Who takes part

  • Two investors
  • Asset manager of the platform

Steps

  1. The first investor buys 50 tokens for 2,500 USDC. The money is held by the sale contract, and the purchase is marked as paid, waiting for the sale to close.
  2. A second investor buys the remaining 50 tokens. The sale is sold out and closes.
  3. The sale reached its minimum, so the asset manager finalizes it. The issuer receives the money and both buyers receive their tokens.
  4. A later tranche is withdrawn before it reaches its minimum. The asset manager stops it, and the sale contract keeps the money until each buyer takes it back.
  5. The investor clicks Get the money back. One transaction returns the full amount to her wallet.

Result

  • Investors never depend on the issuer to return funds: refunds come straight from the sale contract.