/biz/ - Business & Finance

[Anonymous No.21631283]

Why can't we start using things like Kleros as they are designed - but for new coin projects?

Example.. let's say instead of "investing" in the coin and the team getting the money - first we all put the money in Kleros smart contract.

Then AFTER the team delivers the product / network or whatever they are promising... THEN they get the money.

This would totally eliminate coins/teams just gaming us with not delivering and/or false promises and vaporware intended to just pump coins and take our money!

For those who don't know how Kleros works:
https://www.youtube.com/watch?v=NuSps_2wMQ4

[Anonymous No.21631357]

>>21631283
That actually seems like a pretty good idea

[Anonymous No.21631584]

>>21631283
I like it. It's like a crypto commission.
If we get the furry porn artists using it, we'll make a killing.

[Anonymous No.21631642]

Yeah but this board willingly buys scam coins thinking they can outsmart the scammers so idk

[Anonymous No.21631644]

It would be a great idea if Kleros itself wasn’t a scam.

[Anonymous No.21631729]

>>21631283
I think something like Kleros for cloud-sourced mortgages has potential. Stake-holders vote on reliable credit holders and loan money which is paid back to the blockchain with interest.

If you default, we have your info and come molest you.

[Anonymous No.21631948]

>>21631283
by ganesh sir that is wonderous idea, submit it to court for consideration and we shall add it to the docket for further needful review

[Anonymous No.21632036]

>>21631642
lmao very sad, but it is true

[Anonymous No.21632133]

>>21631644
useless FUD anon, you arent getting our pinkies at a lower price.

>>21631283
this is a great idea , needs a bit more though into it, but its a very good idea. Wondering what would account as a scam and what would not?

[Anonymous No.21632204]

>>21631283
Ranjit: kleros is for bring heaven on earth
Prakesh: no ranjit is for make earth best of possible

[Anonymous No.21632205]

>>21632133
>what would account as a scam
Yeah, like would they still get paid if they tried and failed because of unforeseen technical issues?

[Anonymous No.21632277]

>>21632205
the video however does state crowdfunding, this is very similar to crypto crowdfunding, but in return we get tokens/ coins. Maybe there's a bit more info about this in their papers about crowdfunding.

[Anonymous No.21632430]

>>21632204
sir, yes, we aspire to bring heaven on earth and the very radiant of cosmos to our village

[Anonymous No.21632512]

>>21631283
Errr because the money pays for the development Rajesh, so this way you would have slow to no development

[Anonymous No.21632553]

>>21632430
truly there is a vishnu is in the blockchain

[Anonymous No.21632620]

Doesn't kleros have a uniswap fork or something that does a similar thing? Where the community can vote on projects that get listed? Not exactly as good as yours but could be useful for the locked liquidity thing.

[Anonymous No.21632927]

This is literally mentioned as a use case in the whitepaper.

[Anonymous No.21633176]

>>21632927
damn shit. Why am i such a stupid faggot and can't read more than 2 lines before losing my focus

[Anonymous No.21633373]

STOP WITH THE MILLION PNK THREADS
WE STICK TO THE GENERAL
Also we are mooning
>>21633250
>>21633250
>>21633250

[Anonymous No.21633716]

FROM NOW ON WE ONLY INVEST IN KLEROS "ESCROWED" PROJECTS !

SPREAD THE GOOD WORD

[Anonymous No.21633800]

>>21631283
So what happens if they don't deliver? Does the smart contract have the money getting auto-refunded to all participants or something? And if so, don't jurors have incentive to always deny the releasing of the funds? Sort of like someone pulling a credit card chargeback scheme.