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Redemption Process
Workflow Steps:
Redemption Request
- Owner visits the Seashell website
- Initiates redemption through the smart contract
- The contract notifies the protector
Item Return
- Protector prepares and sends the physical item to the owner
- Provides shipping or transfer details
Confirmation Process
- Owner receives the item
- Uploads proof of receipt and delivery notice
Satisfaction Decision
- If satisfied: Confirm, release collateral, end process
- If unsatisfied: Submit report, DAO evaluates, resolve with proofs
Important Notes:
- Only the current NFT owner can initiate redemption
- All proof submissions are stored on-chain for transparency
- DAO decisions are final and executed through smart contracts
- Redemption starts automatically if renewal is declined
- Built-in dispute resolution mechanisms are in place