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Break down project timelines into clear, verifiable milestones and labor budgets. Perfect for setting up structured smart-contract milestone escrows between clients and freelancers.
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A milestone is a key deliverable stage in a freelance project that represents completed work. In MegiLance, milestones are linked to escrow payments: the client deposits funds into escrow for the active milestone, and funds are released when deliverables are verified.
Typically, 3 to 5 milestones are ideal. Small projects may have 2 milestones (50% upfront, 50% on completion), while larger software projects might have weekly or bi-weekly milestones linked to specific feature rollouts.
Yes! After creating your milestones with our AI planner, you can directly turn them into a contract draft on MegiLance to protect your project budget in secure milestone escrow.
Plan timelines, budgets, and resources for your projects