Paid upfront.
Protected anyway.
A business posts a USDC bond and gets a public badge. If it doesn't deliver by the date it promised, the customers who paid claim the bond back. No gas, from any chain.
ticket buyers got their money back when New York's Evolutions Festival was cancelled, and only by disputing card charges. No escrow or financial protection was held.
FingerLakes1 · as of Sep 30, 2026A bond, not escrow.
Escrow locks the presale cash organizers need for venues and artists, so they avoid it. With Presafe the business keeps every payment the moment it arrives. Only the bond waits, and it only moves if the business doesn't deliver.
The business locks USDC and reserves part of it for each event or order. Its badge shows the number.
Customers see the coverage before paying, from NEAR or any chain through NEAR Intents.
Missed the date? Anyone triggers default and each customer claims their share. Presafe pays the gas.