PNK

KlerosPNK

Rank #576
Token
On 9,228 watchlists

Kleros Price (PNK)

$0.0407
0.06%

0.000001344 BTC3.60%

0.00002022 ETH2.46%

Low:$0.03961
High:$0.04111
24h
PNK  Kleros PNK
Price:
$0.0407
 0.06%
Market Cap
$25,421,945
0.06%
Fully Diluted Market Cap
$31,121,727
0.06%
Volume
24h
$813,839
37.05%
Volume / Market Cap
0.03201
Circulating Supply
624,589,293.98 PNK
Max Supply
--
Total Supply
764,626,704

Kleros to USD Chart

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PNK

Kleros

USD

United States Dollar

PNK Price Statistics

Kleros Price Today
Kleros Price$0.0407
Price Change24h-$0.00002309
0.06%
24h Low / 24h High
$0.03961 /
$0.04111
Trading Volume24h$813,839.48
37.05%
Volume / Market Cap0.03201
Market Dominance0.00%
Market Rank#576
Kleros Market Cap
Market Cap$25,421,944.50
0.06%
Fully Diluted Market Cap$31,121,727.22
0.06%
Kleros Price Yesterday
Yesterday's Low / High
$0.04016 /
$0.04313
Yesterday's Open / Close
$0.04284 /
$0.04016
Yesterday's Change

6.26%

Yesterday's Volume$629,071.69
Kleros Price History
7d Low / 7d High
$0.03899 /
$0.04402
30d Low / 30d High
$0.03683 /
$0.07284
90d Low / 90d High
$0.03683 /
$0.1026
52 Week Low / 52 Week High
$0.03683 /
$0.2385
All Time High
Nov 22, 2020 (a year ago)
$0.4849
91.61%
All Time Low
Feb 08, 2019 (3 years ago)
$0.003805
969.68%
Kleros ROI

473.77%

Kleros Supply
Circulating Supply624,589,294 PNK
Total Supply764,626,704 PNK
Max SupplyNo Data

PNK to USD Converter

PNK

Kleros

USD

United States Dollar

PNK Price Live Data

The live Kleros price today is $0.040702 USD with a 24-hour trading volume of $813,839 USD. We update our PNK to USD price in real-time. Kleros is down 0.06% in the last 24 hours. The current CoinMarketCap ranking is #576, with a live market cap of $25,421,945 USD. It has a circulating supply of 624,589,294 PNK coins and the max. supply is not available.

If you would like to know where to buy Kleros at the current rate, the top cryptocurrency exchanges for trading in Kleros stock are currently OKX, MEXC, Hotcoin Global, Gate.io, and Hoo. 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.

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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.

Converter

PNK

Kleros

USD

United States Dollar

PNK Price Statistics

Kleros Price Today
Kleros Price$0.0407
Price Change24h-$0.00002309
0.06%
24h Low / 24h High
$0.03961 /
$0.04111
Trading Volume24h$813,839.48
37.05%
Volume / Market Cap0.03201
Market Dominance0.00%
Market Rank#576
Kleros Market Cap
Market Cap$25,421,944.50
0.06%
Fully Diluted Market Cap$31,121,727.22
0.06%
Kleros Price Yesterday
Yesterday's Low / High
$0.04016 /
$0.04313
Yesterday's Open / Close
$0.04284 /
$0.04016
Yesterday's Change

6.26%

Yesterday's Volume$629,071.69
Kleros Price History
7d Low / 7d High
$0.03899 /
$0.04402
30d Low / 30d High
$0.03683 /
$0.07284
90d Low / 90d High
$0.03683 /
$0.1026
52 Week Low / 52 Week High
$0.03683 /
$0.2385
All Time High
Nov 22, 2020 (a year ago)
$0.4849
91.61%
All Time Low
Feb 08, 2019 (3 years ago)
$0.003805
969.68%
Kleros ROI

473.77%

Kleros Supply
Circulating Supply624,589,294 PNK
Total Supply764,626,704 PNK
Max SupplyNo Data