
KlerosPNK
Decentralized arbitration protocol for disputes in the web3 economy$0.01357
-2.16%
Kleros
@KlerosFollowers37.86 K
Following616
Influence Index527
Details
24h Trading Volume$143.94K
Circulating Market Cap$9.83M
Fully Diluted Valuation (FDV)$10.93M
Circulating Supply724.18M PNK
Total Supply
805.29M PNKTotal Raised--
Contract Address
0x93ed...3bc04d

Supported Exchanges+6
Launched2018-11
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Digital employment cooperativeKleros is a decentralized dispute resolution protocol for use on smart contract platforms. It aims to create a form of decentralized justice by acting as a decentralized third party. This third party is capable of providing decisions on the correct result when applying a set of rules to questions ranging from simple to highly complex. Game-theoretic incentives are used to have crowdsourced jurors analyze and rule on cases correctly. When a dispute occurs, each party can apply for arbitration through Kleros arbitrators, who are selected from the owners of PNK tokens. The arbitration fees are distributed to all arbitrators in the form of ETH. Jurors who have issued a minority decision will lose part of their PNK tokens for the benefit of the majority of jurors.
Team Members

Federico AstCofounder, CEO

Clement LesaegeCo-Founder and CTO