Kleros price

PNK

#1032

Kleros (PNK) was founded by Federico Ast, Clément Lesaege and Nicolas Wagner.

Federico Ast is the CEO of Kleros and a lecturer on Coursera. Before that, he worked as a creator and evangelist at Crowdjury, and was a journalist, speaker, and blogger at Clarín.

Clément Lesaege is the CTO at Kleros. Before Kleros, he worked as a smart contract security freelancer and used to be a research intern in machine learning at Technicolor.

Nicolas Wagner is the lead developer at Kleros. He also works as a freelance web and blockchain developer. In the past, Wagner worked as a blockchain developer at Dether.io and a back-end developer at Tradelab Programmatic Platform.

Kleros is designed primarily for DApps, however, it is a decentralized and inexpensive arbitration system that could attract attention from outside of the blockchain industry. It is designed to be a multipurpose dispute resolution platform that can function as a legal adjudication service in many cases.

This includes escrow dispute resolution, social network policy violations, and oracle resolutions. The PNK token plays an important role in all of these due to the fact that the amount which is deposited by jurors is directly correlated to the probability of them being selected for a case.

It also functions as the economic incentive for jurors to be honest in cases. PNK also gives them voting power which is tied to the number of tokens they hold. This incentivizes owners to hold tokens for governance purposes, as jurors are also paid in ETH on a case-by-case basis in the form of arbitration fees.

If you want to buy, trade, or sell Kleros (PNK), you can do so on the following exchanges:

• HBTC
• OKEx
• BiONE
• BKEX
• Bitfinex

If you are unfamiliar with how to buy cryptocurrencies, you can learn more by reading our guide here.

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