Why an Escrow service for NFTs is essential.

As a minter of any project in the Web3 space, your money is constantly at risk. Every single day, there are that just run away with your money, or they spend it all recklessly, or do something that wasn't provided, ie. a rug/scam.

What if there were a way to ensure that milestones were reached and money was spent carefully while still being decentralized?

Enter Nuitaka.

Nuitaka is the first escrow service for NFT projects.

Basically, teams/projects that apply go through a verification process to ensure they're trustworthy and will be good actors on the platform.

Once they're approved, they get access to the Nuitaka dashboard where they can create/adjust milestones and the amount of $ released for that milestone.

Without spilling the beans too much, so to speak, on each milestone reached, the funds get released to the team while still remaining 100% decentralized and trustless through a variety of processes/options for the team, such as community voting.