Escrow for Inventors: How OddityOps Eliminates Your Financial Risk.
Let’s talk about the biggest fear: losing your money.
The standard practice in the invention industry is to charge partial or full payment before any real work begins. You are asked to take a leap of faith with nothing but a promise to catch you. We felt this was fundamentally unfair.
Our Solution: The Secure Client Escrow System.
We are the first development company to implement this fair-play model. Here’s how it works and why it’s a game-changer for you.
What is Escrow?
Think of it like a trusted neutral referee. You place your project funds with a secure, independent third party. This money is held safely and is completely inaccessible to us until we successfully complete a pre-defined milestone.
The OddityOps Milestone Payment Process:
- Milestone 1: Project Brief & Quote Approved. You fund the escrow account.
- Milestone 2: 3D CAD Drawings Delivered & Approved. The escrow agent releases a pre-agreed portion of the funds to us.
- Milestone 3: Functional Prototype Delivered & Validated. The escrow agent releases the remaining funds upon your confirmation that the prototype meets all the technical specifications.
What This Means for You:
- Total Control: You never lose control of your investment. You approve the work at every stage before any money moves.
- Zero Financial Risk: If we don’t deliver, you don’t pay. It’s that simple. Your money is safe in escrow.
- A Partner, Not a Predator: This system forces complete transparency and accountability on our end. We are motivated to perform efficiently and effectively to earn our payment.
Escrow has a long history of creating trust in high-stakes transactions like law and real estate. We’re bringing that same level of security and professionalism to product development. It’s our way of putting our money where our mouth is and proving that we are the partner you can trust.