Description
Create a special group type for events or trips where participants track shared expenses and settle up automatically via a smart contract.
Features
Event Creation
- Create an "Event" or "Trip" with participants
- Set event name, description, dates
- Invite contacts to join
Expense Tracking
- Each participant logs expenses they paid
- Attach receipts/notes to expenses
- Real-time running total per person
Smart Contract Settlement
- Calculate who owes whom
- Deploy settlement contract that:
- Collects funds from debtors
- Distributes to creditors
- Only executes when all funds received
- Single transaction settlement for complex multi-party debts
Benefits
- Simplified group expense tracking
- Fair and transparent settlement
- Eliminates "who paid whom" confusion
- Trustless settlement via smart contract
Technical Considerations
- Settlement contract design (escrow pattern)
- Gas optimization for multi-party transfers
- Event state management in database
- Real-time sync for expense updates
Related
Description
Create a special group type for events or trips where participants track shared expenses and settle up automatically via a smart contract.
Features
Event Creation
Expense Tracking
Smart Contract Settlement
Benefits
Technical Considerations
Related