Trustless Work
  • Welcome
    • Why Escrows Matter
    • 🛤️Our Journey so Far
      • 🤔The Problem: Origins of Trustless Work
      • 👾The team comes together
      • 💡The Solution: Escrows
      • 🏆Key Milestones
        • 🌠DraperU Stellar Astro Hacker House: A Pivotal Moment
        • Launching the API V1 at ETH Pura Vida Hackathon
      • 🚀Current Programs
        • 🌟DraperU Embark Program
        • 💻OD Hack Campaigns
      • 🛠️Vertical Development
      • 🔮Future Vision
  • 📌Start Here
    • ☀️About Trustless Work
      • Vision and Mission
      • Team
  • ⚒️Understanding Smart Escrows
    • 🥸Smart Escrow Design
      • What does a Smart Escrow "look like"?
      • Roles in Trustless Work
      • Escrow Lifecycle
        • Initiation Phase
        • Funding Phase
        • Complete phase
        • Approval phase
        • Release phase
        • Dispute Resolution
    • 💵USDC: The Stablecoin Powering Trustless Work
    • 🌟Stellar & Soroban: The Backbone of Trustless Work
  • 💻Developer Resources
    • Introduction
    • Schema
    • Types
      • Basic
      • Entities
      • Payloads
      • Responses
      • Errors
    • Quickstart
      • Integration Demo Project
        • Getting Started
        • Configuration
        • Context API
        • Wallet Setup
        • Trustlines
        • Services
        • Helpers
        • Error Handling
        • Forms
          • Initialize Escrow
          • Fund Escrow
          • Get Escrow
          • Get Multiple Escrow Balances
          • Resolve Dispute
          • Change Milestone Status
          • Change Milestone Flag
          • Change Dispute Flag
          • Release Funds
          • Update Escrow
        • UI Components
          • Pages
          • Cards
          • Tabs
          • Utils
    • Authentication
      • Request Api Key
    • API Reference
      • Deploy
        • Initialize Escrow
      • Escrows
        • Fund Escrow
        • Get Escrow
        • Resolve Dispute
        • Change Milestone Status
        • Change Milestone Flag
        • Start Dispute
        • Release Funds
        • Update Escorw
      • Helpers
        • Set Trustline
        • Send Transaction
        • Get Multiple Escrow Balance
    • React Library
      • Getting Started
      • useSendTransaction
      • useGetEscrow
      • useGetMultipleEscrowBalances
      • useInitializeEscrow
      • useUpdateEscrow
      • useFundEscrow
      • useChangeMilestoneApprovedFlag
      • useChangeMilestoneStatus
      • useReleaseFunds
      • useStartDispute
      • useResolveDispute
    • 🚀Smart Escrow API
    • 🧰Essential Tools for Developers
      • Stellar Wallets
        • Freighter Wallet
        • Albedo Wallet
        • xBull Wallet
        • Rabet Wallet
        • Lobstr Wallet
        • Hana Wallet
        • Additional Resources
        • Troubleshooting & FAQs
      • How to Get Testnet Tokens
  • 🌍Use Cases by Industry
    • Marketplaces & E-commerce
    • Grants, Bounties, and Hackathons
    • P2P Exchanges and OTC Desks
    • Security Deposits
    • Milestone-based Freelance & Contract Work
    • Crowdfunding & Pre-orders
    • DAO Treasury & Working Group Budgets
    • Education & Online Courses
    • Subscription + Performance-based Retainers
  • 🤖Using the dApp
    • Step 1: Accessing the Trustless Work Dapp and Logging In
    • Step 2: Creating a Profile and Requesting an API Key
    • Step 3: Creating an Escrow
    • Step 4: Funding an Escrow
    • Step 5: Marking a Milestone as Done ✅
    • Step 6: Approving the Milestone
    • Step 7: Releasing the Payment
    • Resolving Disputes
  • 🏴‍☠️Community
    • 🌎Spotlight: Kindfi
    • 🛣️Roadmap: The Journey Ahead
    • Contributor's Guide
    • 📂Open-Source Templates & Developer Tools
  • ✒️Background & Theory
    • 📘Core Concepts & Escrow Glossary
    • 🎒Historical Context
      • 📜Escrow History:
        • 🗿Ancient to Colonial Era
        • 🏦Banking Era (19th - 20th Century)
        • 💻The Digital Era and Online Escrow
      • ⛓️Blockchain Era: Smart Escrows
  • Links
    • ⚒️Trustless Work dApp
    • 🌐Trustless Work Website
    • 📣Telegram Chat
    • 💎Only Dust Profile
    • 👩‍💻Swagger for API
    • 📜Github
  • 📢Appendices
    • Contact and Support
    • Notion for Startups
    • Meru
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  1. Welcome
  2. Our Journey so Far

Vertical Development

Trustless Work is pioneering a whole new category of escrows, unlocking opportunities for innovative use cases across diverse industries. The potential is immense, and we’re supporting builders to turn their visions into scalable verticals—each targeting massive markets independently.


Evolving Hackathon Projects into Verticals

We believe in the power of builders to transform ideas into impact. While anyone can build on Trustless Work without needing permission, we offer support in product development, business models, and scaling for those who align with our vision.

From hackathon concepts to fully-fledged verticals, here’s how some of our initial projects are taking shape:


1. Security Deposit Vertical 🏨

  • Origin: Initially focused on house rentals.

  • Evolution: Pivoted to offer security deposit solutions for broader applications, including:

    • Hotels

    • Car rentals

    • Directories requiring secure payment interactions.


2. Crowdfunding Vertical 🌱

  • Origin: Collaboration between Kindify and Revolutionary Farmers.

  • Solution: An escrow-based crowdfunding mechanism allowing multiple funders to contribute.

    • Flexible Fund Release Options: By milestone or as a lump sum.

    • Applications: Social impact projects, agricultural financing, and community-driven initiatives.


3. Future Verticals 🌍

  • Trade Finance: With Costa Rica’s recent invitation to join the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), new opportunities are emerging to integrate escrows into international trade finance.

    • Why It Matters: Escrows can streamline payments across member countries with diverse currencies, reducing friction and boosting trust in global trade.

  • Marketplaces: This vertical is in development, with promising potential to create secure payment solutions for e-commerce and platform-based economies.


A Strategic Approach to Vertical Development

Each vertical is positioned as an independent product capable of:

  • Pursuing its own funding through grants or investments.

  • Leveraging Trustless Work’s infrastructure as the backbone for secure, transparent transactions.

  • Targeting massive markets with scalable solutions.

We’re fostering a future where builders can capitalize on the stablecoin wave and leverage Trustless Work to create entirely new markets for escrow technology.


Your Opportunity to Build 🚀

  • Permissionless Development: Anyone can build on Trustless Work without needing approval.

  • Support for Builders: For those looking to scale their ideas, we offer resources, guidance, and a collaborative network to help you succeed.

Join us in shaping the future of escrow technology—one vertical at a time.

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Last updated 5 months ago

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