/biz/ - Business & Finance

>>28861670
actually unironically kleros (PNK). Recently taken notice by Jack Dorsey.

Kleros
What do you guys think about it given it's history.
I don't see a competitor in the dispute arbitration layer space, but I could also see protocols building in native dispute arbitration. However PNK is a built out system that is blockchain agnostic, so it would likely be more cost efficient for applications to run Kleros than build native dispute middleware (similar to LINK), either way, it seems a long term hold, but I'm also thinking about parking my resources somewhere else in the meantime.

>>25344885

>>24819937
Among other things

>>24664162
This. I'm only holding PNK and ETH now.

>>24633482
In many cases they wouldn't need to seek it out themselves, it will just be integrated into something they're using.

>>24560270
Thanks anon. What would you swap the PNK with for different real world cases. PNK for law/courts, RLC maybe for DeClouf storage, SENT for DeVPNs or whatever’s on your list. Trying to picture the future world where we don’t have “cash out” and pic related makes my brain hurt.

>>24320381
There's a capped supply of pnk. It is not inflationary. Rewards are in eth. You will lose pnk of you vote badly.

I don’t get this entirely, but it’s super pretty and it makes my stack hard.

>>24269714
PNK, been around for a while, staking allows you to act as a juror in decentralized courts, and make income off the ETH when you pick the correct ruling. Have fun!

>>24250899

>>24241922
>Kleros has now paid out over $120,000 in ETH to jurors, over 500 cases, from 33m PNK staked in courts
>thats a dividend of slightly under half a cent per PNK
>average P/E of a NASDAQ stock is 21.22
>.0045 (dividend) x21.22 (p/e) = 9.5c is the "fair" price
>Kleros is currently slightly undervalued in traditional markets, and extremely undervalued compared to other crypto.
>Future integrations and increasing numbers of cases have not been priced in.
>Linguo has not been priced in. API3 has not been priced in. Insurance has not been priced in. Real world usecases have not been priced in.
>assuming everything in crypto gets a conservative 10x hype valuation (nothing except BTC and ETH are really worth their valuations and all alts have *at least* a 20x hype factor), then the CURRENT crypto "hype" valuation of PNK is 95c.
>if PNK is integrated into more crypto products, and 100 cases go to court per day, that's $9m of ETH handed out per year
>that's a dividend of 27c per year, so the "fair" value of PNK would be $5.80 and a "hype" valuation of $58.00
>if PNK is integrated into real world products, and 1000 cases come per day, the fair valuation is $58.00 and the "hype" valuation $580.00
Why are you not buying every PNK you can possibly get your hands on? Cases are going parabolic and nothing has been priced in. There are idiots actually selling their PNK at these prices. You should be buying and holding.

>>24162937
sir i just bought my entire family plummings many moons to you

>>24152345

>>23778581
i came here to post this

>>23772003

>>23747344

PNK has more potential and is actually being used now.

>>23236960
dyor

>kleros
>consensus of independent thought in an immutable digital ledger, incentivesed via game theory crypto-economics
>current applications include a result based betting site and a language translation freelance application
>Kleros jurors vote on the definition of words, sentences, phrases, or terms which can be made compositable into an alternative structure to legalese for contracts involving subjective human interpretation or independent thought consensus.
>Kanye West is complaining about shitty bloated legacy business agreements using courts of law are on Twitter
>Anons don't see the opportunity to partake in community driven consensus and opt-in alternative rule-books for the execution conditions of their smart contracts.

If I digitized my employement contract, and added a clause to permit me an extra week of paid time off in the event of a family tragedy, my employer would likely only agree on the terms that the funds at least go to an escrow service (haha) so there's opportunity for claim dispute to combat abuse. If I was choosing which escrow and dispute resolution service I wanted to use for my contract would I choose:
1) old and expensive lawyers that are likely friend with my boomer employer, or
2) a group of independent anonymous peers (verified to be my american peers thanks to a mix of LINKs CanDID and Kleros own PoH),
I'm going to bet on the anonymous peers to say my uncle dying does qualify as a tragic event in terms of my contract, and the tamper proof digital agreement will continue to function as designed from deployment, only relying or calling a session of Kleros "court" (which is really just a tool to verify humans agreed to a certain degree about a certain topic at a certain time) when the application or service, such as my employement contract, needs to perform an action in response to complex and inherently human question. I only have 5k. I want more.

$4 EOY

Who else is a top 500 holder on etherscan?

>>23042876
pnk