/biz/ - Business & Finance

Kleros is a dispute resolution platform, adored by Vitalik and backed by Colin Rule of Tyler Technologies, previously director of dispute resolution for ebay and paypal. Unlike the countless other projects littering the board, Kleros has a working product you can use to make money RIGHT NOW.
PNK tokens are staked, and jurors are picked from the pool of stakers. Voting in cases is easy and the anonymous nature of the selection process makes conspiring with other jurors impossible. You don’t see what other folks are selecting. You must therefore vote with your own intuition and common sense. This will naturally create a fairer system as the financial incentives for winning a case compel people to vote in the interest of public consensus. Winning Jurors are awarded ETH while the losers forfeit a small percentage of their staked PNK.
There is a juror incentive program being implemented to diversify the pool of jurors, adding one million PNK tokens per month to he distributed among stakers whether or not they’re drawn as jurors.
The project has been fully decentralised since December 9th, so any future proposals (including inflationary token minting) must be approved by the userbase.

>>27738420
This is shitty fucking breadcrumbs, kys.
You will not convince a single person to buy this pajeet scam coin

>>27738420
>The project has been fully decentralised since December 9th, so any future proposals (including inflationary token minting) must be approved by the userbase.
sounds like a terrible idea desu, surely some decisions are kept to the team

>>27738917
There was backlash In early 2020 when the team announced there could be another token mint, the outcry from the users prevented it, or at least postponed. The max supply was always going to be the same as LINK’s, but it may remain lower if the holders refuse to allow it.
Obviously core development remains with the team.

The aim is not what fudders would misrepresent it as - to make traditional criminal courts obsolete - we all know murder cases won’t be handled by NEETs and Pajeets, but that is fundamentally missing the point. Think how inefficient dispute resolution layers for online businesses usually are. And think of the potential application for small claims courts or civic dispute matters where the case is more grey than black and white.
Uniswap.ninja Is a Kleros app. Kleros kickstarted the defi bullrun if any of you are new.
The applications go beyond Judge Judy larping. Linguo is a kleros app for sourcing freelance translations.
Proof of Humanity (POH) is huge and is said to be coming this month as part of a partnership with Democracy Earth. This is to be followed by a trial for UBI running on the same network.
The subjective oracle could handle matters like voter ID. - even browser integrations for disputing fake news articles.

Over 540 cases have been resolved in the Kleros court so far.
Half a million $ paid in ETH to coherent jurors.
2.3M PNK rewarded to coherent jurors.
The Subjective data oracles will serve as the yin to LINK’s objective yang.
So far PNK has destroyed copycat cut and paste shittokens like ANJ, and LINK’s Sergei has partnered with another PNK copycat token, maybe out of bitterness that Kleros’ Clement called him out on not having a working product yet.
Aside from Vitalik and Colin Rule, Kleros was mentioned by the World Economic Forum, shilled by Naval, recently followed by Jack of Twitter fame, and received a grant of €500k from the EU’s innovation council.

REEF

These memes are much better. The pajeet shit was cringe as fuck.

Copycat shitcoiners get what they deserve.

>>27740368
What's your eoy prediction?

>>27740368
>The Subjective data oracles will serve as the yin to LINK’s objective yang.
beautiful

pnk literally has one of the highest value prop out of any shitcoin. it can work as an oracle for smart contracts where something like link would not work OR help solve dispute cases on e-commerce for example.

Also, its one of the only projects currently paying ETH to users most other alt projects pay their own token.

>>27737793
Unironically KEK

Cryptokek is releasing its product this week, sitting under a 1.5m marketcap. Big marketing coming in too within a few days.

You can still make it anon

>>27741524

>>27743873

>>27741271
Given that we only have to double in ETH to be at the previous high in USD, we could easily hit a dollar conservatively.
>>27742984
This. If you’re bullish on ETH, PNK is essential.

>>27737793
i'd buy some if the FUCKING FEES WEREN'T SO HIGH

Remember the 2019 prophecies
2 in the pnk, 1 in the lnk

the focus from defi will shift sooner or later and once that happens you want to be in PNK UTK UBT etc, they mooned like crazy last altseason and have been sleeping since then.

>>27744248
I remember
>>27744366
Checked. Once DeFi is exhausted all that cash will flow into a few solid projects.

>>27744038
And that wouldn't even put the coin in the top 50. Certain a lot of room to grow after that

I'll be honest, seeing all Defi hype booming makes me kinda pissed PNK is crabbing. Thank God for these fees stopping me from selling my stack. I do have long term faith in the projects. Steady and pondered development, grants, new job openings that seem only for furthering the development and not because people are jumping ship. Still crypto is a clown market, the odds of this succeeding are higher than this failing, but still

>>27745591
>>27746553
The market is highly illogical. We should be a top 20 project right now on utility alone, not even considering speculation about future usage. LINK did nothing but crab with catastrophic corrections for nearly three years. We won’t have to wait anywhere near that long

So is there a change being made to create staking rewards separate from jury fees? An anon said something about that a few weeks ago.

>>27740368
>another PNK copycat token

Are you talking about paid anon?

>>27747072
We don't have the entirety of biz behind pnk though. I feel like biz must have been the driving force behind link's success

>>27748055
That was old /biz.
Theyve been replaced by the alt-rite
They wont support Kleros because of the election case.

What is the make it stack? Suicide stack

>>27741271
I predict 10c. Cause its a 10c stablecoin that barely moves

>>27748438
You might be new. A huge chunk of LINK’s memes were specifically nazi themed to keep it under wraps and insular for as long as possible, it’s redditor repellent. Not too different to PNK’s Pajeet OOOOOOOO-posting.

>>27748026
Yeah. Uniswap shitcoin claiming to have invented “DeLa” (decentralised law) - absolute joke.

This coin is doing nothing any time soon when will you people understand

>>27748942
I honestly think that they're a solid project anon. Nevertheless I love pnk and I don't think that they have any serious competition right now.

>t. top 300 pnk holder

>>27749761
They may be, but they’re making some pretty silly claims.

>>27748504
I've seen 10k/100k and 25k/250k

>>27745225
Holy fuck the quality of this meme

This proposal is absolutely, unironically, critical for Kleros, how do we make this happen?
https://governance.aave.com/t/arc-listing-due-diligence-with-the-kleros-t2cr/1363

I feel like kleros being used by aave is just what we need right now. The same thing happened with link back then and we all know how that turned out.

>>27751593
It’s incredible. I can’t take credit but the Pnkies have good taste.
>>27751005
>>27748504
Same max supply as LINK (with high likelihood of supply remaining fixed at around 25% under that) means you could look at this the same way you did with LINK in ‘17 - people are throwing thousands at LINK now to buy small stacks. I have 100k and I’m comfy.

>>27748675
Are you stupid? It was at 2c last year.

>>27752845
They will vote for it, right?

>>27753801
no idea how aave works, I just want it to pass

Is staking my PNK and doing jury duty worth it?
My only concern is that I don’t have the right knowledge to be an effective juror.
What are the disputes about?

>>27752845
>>27753801
>>27754132
get Marc Zeller on the line. He has big PNK holdings and is the integration engineer for AAVE. Find him in the kleros telegrams

they have the same integration going on with maker
Both teams’ leads and founders, aave and maker that is, are very close with the Kleros team. Aave’s main people are long time Kleros tcr jurors, so this isn’t out of nowhere nor a stretch
These were the couple out of 5 or so announcements they have coming out, btw. Prepare for moon missions

>>27740368
Will it some day be possible to amass enough PNK that I can live off the staking rewards and just do a few cases a week?

>>27754574
I hope so

>>27754397
I’m ready to go.
>>27754574
Hopefully. Maybe easier if staking on multiple wallets etc.

>>27754574
It's theoretically possible, but in that circumstance you'd probably be able to live off selling all of your pnk and investing it traditionally