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Varun Bhambhani

Product Ops Wizard a...ย โ€ขย 1y

Random Idea (Not sure if it exists) Lets call it (Escrow Split) or some random name for now. Custodial wallet for meetups / gatherings All the friends Pre-pay a chunk to the escrow wallet and they visit the gathering When the event ends, the grou

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Havish Gupta

Figuring Outย โ€ขย 1y

So it's kind of an temporary account? It's would be good especially while organising events. I have heard many stories where Event Holder take money but don't Fully spend it

Varun Bhambhani

Product Ops Wizard a...ย โ€ขย 1y

Yea its like an escrow account where the funds will be held until the final settlement. There are some complications based on the indian regulatory body but you need a legal team etc to handle the regulations and guide the team

Havish Gupta

Figuring Outย โ€ขย 1y

Talk to lawyers for that. Check kaanoon.in its great for that. All the best :)

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