Escrow in the traditional world is crucial to so many deals going forward, but can be expensive, with legal teams, middle-men, agreements all adding to the cost. With Lokr escrow platform the terms of purchase from seller can be set on-chain and there are no need for legal teams, middle-men or agreements beyond that lowering over all cost and enabling escrow deals to happen in a transparent manner on chain, the only costs incurred are the transaction fee of the chain + a small platform fee from both seller and buyer side.