[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 32 KB, 200x200, PNK.png [View same] [iqdb] [saucenao] [google]
15052319 No.15052319 [Reply] [Original]

Is there anything juicier than some actual shills by Vitalik on the fundamentals of Kleros, the PNK law + order ecosystem, mixed with these down-right juicy pumpanomics? Getting hard just thinking about Kleros staking in 2020.

If you aren't accumulating Kleros, a decentralized court system that actually works, you must truly, unironically hate not only good tech, but the financial thing-a-majig some of you call the monetary system of whatever country you come from.

This small but dedicated team not only gleamed through the bear, but kept working, got real law-practicing people on board in droves (and @'d them on their twitter one by one, for added accountability). Sure, it may not have had as historic of a moon post-bear as say Link, but price and market-cap laggards are only biding their time as we head full-on into, what you know in your heart to be true, a full alt-season of blinding greed and unknown territory when we see some real use cases.

Use cases like, say, Vitalik calling this a "true cypher-punk" endeavor.

As for all those Vitalik shills. This one's recent, on the ETH2.0 AMA :

https://www.reddit.com/r/ethereum/comments/cdg8v6/ama_we_are_the_eth_20_research_team_pt_2/etu2vl8?utm_source=share&utm_medium=web2x

It's a damn fool's task to talk to a brick wall on here sometimes, but one quick look at their blog, and I'm pretty sure you'll be a believer. Oh, and there's staking, too. I'd say you have a few weeks, but in this market, with IDEX, who really knows. The "Doges in Court" thing was hilarious, and no doubt got $doge heads curious as well. Oracles (not Chainlink, kek) will feed out data. Can you not sit and think about the potential of this? Lega, valid arbitration possibilities. Online commerce handling. The escrow is smooth as butter (I used it last week).

Read up, get in, and hang on to this one for the long haul : https://blog.kleros.io/

>> No.15052331

Looks like another aragon

No thanks

>> No.15052380

>>15052331
Thanks for saying this I'm actually bullish af on Aragon. Haven't heard of Kleros but looks cool. Volume though.

>> No.15052391

>>15052331
Aragon? Yikes.

>>15052380
Volume is always shit until it isn't. Scroll through the past to see the consistent future.

>> No.15052424
File: 65 KB, 964x643, 1564441995539.jpg [View same] [iqdb] [saucenao] [google]
15052424

Of all the microcaps out there. This is top 3 for pump potential.

Already have my bags thanks.

>> No.15052440

>>15052424
Wait until the smog clear, fren.

>> No.15052479
File: 43 KB, 640x640, 1561682102539.jpg [View same] [iqdb] [saucenao] [google]
15052479

>>15052440
My PNK bags are loaded.

Kleros have still to be pamped a la Sentinel now. Clearly gonna 3x once that happens.

>> No.15052493

>>15052331
Aragon just copied the Kleros court. (They even admit it). Klearly, they are better than Aragon.

>> No.15052576

>>15052479
A 3x is peanuts, anon. Don't settle for Peanuts. When this hits the top 100, the staking + ecosystem surrounding you will be ten-fold something to cherish. Stop thinking so small.

>> No.15052593

>>15052493
Not to mention, did Vitalik shill Aragon this hard? Never?

>> No.15052601

>>15052380

Most of the volume in crypto is fake.
Low volume indicates they spend their money on product not faking their volume.
See: https://twitter.com/clesaege/status/1151984784111034368

>> No.15052641
File: 1.81 MB, 335x237, 1419201992602.gif [View same] [iqdb] [saucenao] [google]
15052641

>>15052576
I'm not greedy anon but yes of course, an actual real project doing what they say they are has some chance.

Crypto can be a nasty mistress and I think they need some more marketing hype on top of the products desu.

>> No.15052797

>>15052601
Seriously, why bother? The team makes me even more bullish. No bullshit.

>>15052641
It'll come. Newfags don't seem to understand the true-blue 100x's took years, and most sold early. I won't be making the same mistake.

>> No.15052875

Also, to take a piece from the last good thread about PNK :

See also, forkable, attack resistant : https://medium.com/kleros/why-kleros-needs-a-native-token-5c6c6e39cdfe

"If would-be jurors were drawn based on how much ETH they had staked (rather than PNK), it would be much more viable for an attacker to try to buy enough ETH to outspend the rest of the market. If an attacker wants to obtain 51% of PNK, market liquidity will dry up. As the attacker buys PNK , it will start to become scarce and each additional PNK will cost more and more. The attacker may not even be able to find 51% of PNK for sale on the open market at any given time.

In contrast, consider the situation of an attacker who wants to buy enough ETH to make a stake that is greater than whatever would be already staked in Kleros courts at a given time. There is a lot of ETH floating around, and Kleros will presumably only represent a part of the broader Ethereum ecosystem.

Current 24 hour market volumes for ETH are hovering around 2–3 billion USD with all time highs near 10 billion. If someone wanted to buy enough ETH to overwhelm whatever is staked in Kleros, it probably wouldn’t take them all that long. Moreover, the market for ETH is much deeper than the market for PNK will be. So, while a large purchase of ETH might move the price of ETH a bit, market liquidity effects woudn’t come to Kleros’ defense in the same way as they do by having a native token."

>> No.15052981

there are still bagholders from april/may?
HAHAHAHAHAHA

>> No.15053236

>>15052981
Not sure what you mean by bagholders. This hasn't dumped at all (and it won't)

>> No.15053982

>>15052981
I bought like a week ago

>> No.15054051

>>15053982
My current buys were all this month, too. This is a great time to finalize a position. Looks like someone just got $8K today without much of a bump up. Time's running out, folks.

>> No.15054058

Whilst I like discussing this gem, biz does not deserve it.

>> No.15054119

>>15052593
kleros taps into the normie market
how many people want to actually make a living at home, but cant?
or apply their specialist skills, but have trouble finding jobs to suit?
when oracle solutions, and chainswapping tech comes into place, this thing will fulfil the WHOLE consultancy freelancer market

>> No.15054284

this kind of application is years away imo. it's cool that people are working on it, but the world isn't ready for it yet. give it 5 years and maybe it will, but today, nobody is going to use something like this for dispute resolution. I don't normally care about such things when flipping shitcoins, but we're talking about a 2M mc project with less than 10 eth daily volume.

>> No.15054301

its dead before it ever had a chance.

>> No.15054315

you know what else vitalik shilled? OmiseGO

fuck off

>> No.15054499

>>15054315
>OmiseGO
yeah and it went to having 350mil volume at one point