PNK

KlerosPNK

Rank #467
Token
On 8,424 watchlists

Kleros Price (PNK)

$0.05839
9.65%

0.000001271 BTC1.48%

0.00004000 ETH0.01%

Low:$0.05778
High:$0.06636
24h
PNK  Kleros PNKPrice: $0.05839 9.65%
Market Cap
$35,013,332
9.65%
Fully Diluted Market Cap
$44,643,674
9.65%
Volume
24h
$1,562,516
25.69%
Circulating Supply
599,684,715 PNK
Max Supply
--
Total Supply
764,626,704
 

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About Kleros

The live Kleros price today is $0.058386 USD with a 24-hour trading volume of $1,562,516 USD. Kleros is down 9.65% in the last 24 hours. The current CoinMarketCap ranking is #467, with a live market cap of $35,013,332 USD. It has a circulating supply of 599,684,715 PNK coins and the max. supply is not available.

The top exchanges for trading in Kleros are currently OKEx, HBTC, BiONE, Bitfinex, and BKEX. You can find others listed on our crypto exchanges page.

What Is Kleros (PNK)?

Kleros (PNK) is a decentralized dispute resolution project that launched in July 2018. It is an open-source online dispute resolution protocol that uses blockchain and crowdsourcing to adjudicate disputes fairly.

Kleros offers a middleman service for decentralized applications (DApps) and their users. If the service provided by the application does not create a dispute, Kleros acts as a trustless third-party service for payment.

When a dispute does occur, however, each party can apply for arbitration through the Kleros arbitrators that are selected from the owners of PNK tokens. PNK is an Ethereum-based ERC-20 utility token with a fixed supply.

At this point, the jurors can make a decision that will favor either party. The arbitration fees are distributed to all arbitrators in the form of ETH; jurors who have issued a minority decision lose part of their PNK tokens for the benefit of the majority of jurors. This decision can be appealed, at a cost. The stated mission of Kleros is to offer easier access to justice and improve individual freedom.

Kleros charges a cost that is payable in ETH and is provided by the parties to the dispute or drawn from the funds previously locked in escrow.

Who Are the Founders of Kleros?

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.

What Makes Kleros Unique?

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.

Learn about 1inch.

Learn about Aave.

Learn about data availability on CMC Alexandria.

Learn about the latest cryptocurrency news on the CoinMarketCap blog.

How Many Kleros (PNK) Coins Are There in Circulation?

Kleros (PNK) has a circulating supply of 599,684,715 PNK as of February 2021, with no maximum supply data available at the time.

How Is the Kleros Network Secured?

Kleros relies on cryptography and blockchain for securing the evidence, selecting the jurors and incentivizing honest decisions. The protocol token represents the right of users to be drawn randomly as jurors. Since PNK is an ERC20 token, it can be stored on many offline or desktop crypto wallets that support Ethereum, allowing for a high level of security.

Where Can You Buy Kleros (PNK)?

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

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

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PNK Price Statistics

Kleros Price Today
Kleros Price$0.05839
Price Change24h$-0.006233
9.65%
24h Low / 24h High
$0.05778 /
$0.06636
Trading Volume24h$1,562,516.38
25.69%
Market DominanceNo Data
Market Rank#467
Kleros Market Cap
Market Cap$35,013,332.13
9.65%
Fully Diluted Market Cap$44,643,673.73
9.65%
Kleros Price Yesterday
Yesterday's Low / High
$0.06099 /
$0.06636
Yesterday's Open / Close
$0.06535 /
$0.06152
Yesterday's Change

5.86%

Yesterday's Volume$1,260,435.58
Kleros Price History
7d Low / 7d High
$0.05276 /
$0.08504
30d Low / 30d High
$0.05276 /
$0.1221
90d Low / 90d High
$0.05276 /
$0.1549
52 Week Low / 52 Week High
$0.008325 /
$0.4849
All Time High
Nov 22, 2020 (3 months ago)
$0.4849
87.96%
All Time Low
Feb 08, 2019 (2 years ago)
$0.003805
1434.44%
Kleros ROI

722.99%

Kleros Supply
Circulating Supply599,684,715 PNK
Total Supply764,626,704 PNK
Max SupplyNo Data

Kleros Markets

#

Source

Pairs

Price

Volume

Volume %

Liquidity

Confidence

Updated

1

OKEx

$0.05557

$892,929

57.15%

17

High

Recently

2

MXC.COM

$0.06004

$71,551

4.58%

9

High

Recently

3

Hotbit

$0.06111

$65,482

4.19%

4

High

Recently

4

Hotbit

$0.06625

$61,766

3.95%

-

High

Recently

5

Hoo

$0.05510

** $53,258

0.00%

16

High

Recently

6

MXC.COM

$0.06195

$41,067

2.63%

14

High

Recently

** Volume Excluded

About Kleros

The live Kleros price today is $0.058386 USD with a 24-hour trading volume of $1,562,516 USD. Kleros is down 9.65% in the last 24 hours. The current CoinMarketCap ranking is #467, with a live market cap of $35,013,332 USD. It has a circulating supply of 599,684,715 PNK coins and the max. supply is not available.

The top exchanges for trading in Kleros are currently OKEx, HBTC, BiONE, Bitfinex, and BKEX. You can find others listed on our crypto exchanges page.

What Is Kleros (PNK)?

Kleros (PNK) is a decentralized dispute resolution project that launched in July 2018. It is an open-source online dispute resolution protocol that uses blockchain and crowdsourcing to adjudicate disputes fairly.

Kleros offers a middleman service for decentralized applications (DApps) and their users. If the service provided by the application does not create a dispute, Kleros acts as a trustless third-party service for payment.

When a dispute does occur, however, each party can apply for arbitration through the Kleros arbitrators that are selected from the owners of PNK tokens. PNK is an Ethereum-based ERC-20 utility token with a fixed supply.

At this point, the jurors can make a decision that will favor either party. The arbitration fees are distributed to all arbitrators in the form of ETH; jurors who have issued a minority decision lose part of their PNK tokens for the benefit of the majority of jurors. This decision can be appealed, at a cost. The stated mission of Kleros is to offer easier access to justice and improve individual freedom.

Kleros charges a cost that is payable in ETH and is provided by the parties to the dispute or drawn from the funds previously locked in escrow.

Who Are the Founders of Kleros?

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.

What Makes Kleros Unique?

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.

Learn about 1inch.

Learn about Aave.

Learn about data availability on CMC Alexandria.

Learn about the latest cryptocurrency news on the CoinMarketCap blog.

How Many Kleros (PNK) Coins Are There in Circulation?

Kleros (PNK) has a circulating supply of 599,684,715 PNK as of February 2021, with no maximum supply data available at the time.

How Is the Kleros Network Secured?

Kleros relies on cryptography and blockchain for securing the evidence, selecting the jurors and incentivizing honest decisions. The protocol token represents the right of users to be drawn randomly as jurors. Since PNK is an ERC20 token, it can be stored on many offline or desktop crypto wallets that support Ethereum, allowing for a high level of security.

Where Can You Buy Kleros (PNK)?

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

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

How do you feel about Kleros today?

Vote to see community results