The simplest way to explain CronPay
Imagine you hire a designer for $1000 of work
Right now in crypto you have two bad options
Pay upfront and hope they deliver
Or ask them to work first and hope you pay
CronPay gives you a third option
The $1000 goes into a smart contract, not the designer's wallet
The designer sees the funds are locked and starts working
They deliver, you review, you approve
The contract releases the money instantly
If something goes wrong, either side can open a dispute and the funds stay locked until it's resolved
Nobody has to trust anybody
The contract just does its job
live on @arc testnet
https://t.co/2tgw3MDCsz
CronPay is live
A payment and payroll tool for remote teams. companies pay workers in USDC but the money doesnt just send blind, it locks in a smart contract until the work is approved. worker delivers, company approves, payment releases
Paying remote teams is broken right now. wire transfers take 3-5 days, FX eats another 3-5%, companies get ghosted after paying upfront, workers chase payment for weeks after delivering. someone always loses out
CronPay puts the trust in the contract instead of asking either side to just hope it works
Four ways to send money:
→ Direct USDC payments
→ Milestone payments that release over time
→ Payment requests (invoice style)
→ Task escrow with dispute resolution
Theres also a company workspace to manage employees, create tasks, track payouts. one place for the whole thing
Built on @arc because nothing else makes sense for payments. USDC as native gas, sub-second finality, circle infra. the right base for real money to move on
live on arc testnet right now. takes 2 mins to try with testnet USDC
https://t.co/2tgw3MEai7
More coming every week