>Why is PNK so revolutionary? Decentralised decision making and trust building. Forget about judge jury on the blockchain - PNK will be able to provide any and all inputs into smart contracts. And they can do it right now, WITHOUT an oracle network being set up prior.
>What else does it do? Blockchain invoicing, escrow - the team is trying to build *the* smart contract solution. But the real value comes from whitelisting. This will provide the first functioning proof-of-person list, where people can claim to be somebody, stake ETH to that effect, and anybody can challenge them. If the challenger wins they get the stake, but if the challenger loses they give up their challenge fee. This will feed back into the ecosystem via jury selection - once you have thousands of people to choose form, all who have been 'vetted' by people trying to make a buck off challenges, people could theoretically filter their jury pools. You could say "I want this smart contract input to be determined by x number of jurors, but only jurors from x jurisdiction" or any other such limitation to ensure jurors have a similar mindset when handling a case.
>Listings apparently coinbase will list it in November but take this with a grain of salt. It will be listed at some point without a doubt. listing.coinbase.com/policy
Simple but important question: how does use of the system drive up the price of the token?
Josiah Morales
It's on their "about" section.
An email floating around which hasn't been confirmed. It doesn't refer to Kleros specifically, just "arbitration tokens", so there is a possibility they are talking about aragon, but it would be an extremely shitty thing of them to list a copy+paste instead of the real thing. Then again, they listed BAND, so who knows.
a) staking, which removes them from the total supply b) arbitration fees are paid in kleros
Camden Jones
Guys let's be realistic - this is a project for the long term. What's happening now is a late cycle defi bubble where PNK has already rallied too hard. It's hard not to be a fan of the project, but this thing is gonna trade sideways at best for at least 2 years before it links.
Lincoln Jenkins
I think it will still go up in the short term too, because most people are still completely unaware, but yes, kleros is a long-term hold. It might get a massive boost in publicity when it hits major listings but until then it's just get your 10k suicide stack and wait.
Landon Perez
Chart looks primed for a dump. I'll do my DD while I wait.
