LogoLogo
  • ZENLAND DOCS
  • Getting started
    • What Is Smart Contract
    • What Is Network
    • What Is Explorer
    • What is Token
    • How Zenland works
  • FUNDAMENTALS
    • Zenland Contract
      • Contractee
      • Contractor
      • Contract Name
      • Contract Details
      • Agreed Amount
      • Contract Due Date
      • Buyer Protection Time
      • Zenland Fee
      • Zenland Fee Payer
    • Contract Chat
    • Contract Address
    • Custom Agent
    • Web3 Store
    • User Reputation
    • ZENF Token
    • Zenland Wallet
  • Contract Actions
    • What is Contract Action
    • Approve
    • Deploy
    • Transfer
    • Complete
    • Release
    • Dispute
    • Invite an Agent
    • Sync
    • Escrow user errors
  • contract states
    • What is Contract State
    • Draft State
    • Deployed State
    • Active State
    • Fulfilled State
    • Executed State
    • Disputed State
  • Smart contract types
    • Default Escrow Contract
    • Pre-Approved Contract
  • Extra
    • Tokenomics
    • Roadmap
    • Changelog
    • Contributors
Powered by GitBook
On this page

Was this helpful?

  1. FUNDAMENTALS
  2. Zenland Contract

Contractee

PreviousZenland ContractNextContractor

Last updated 2 years ago

Was this helpful?

Contractee, also referred to as the buyer, is the person who pays for a product or service to another person, a (seller).

A Contractee is also the person who (publishes) a contract into the blockchain.

Then, (sends) the funds* into the contract to activate it.

It is also a Contractee (buyer) who from the contract after the Contractor completes the agreement conditions.

If you are buying a product/service the address of your cryptocurrency wallet** must be entered under Contractee (buyer).

Good to know

*Funds are the agreed amount of that should be paid to the Contractor according to the contract terms.

**Cryptocurrency wallet is an app (web, desktop, mobile) or a physical device that stores your public and private keys. Metamask, Coinbase Wallet, and Trustwallet are among the most used crypto wallets. Each wallet has its unique ID known as a wallet address.

Contractor
deploys
transfers
releases the funds
cryptocurrency tokens