>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.
Jaxon Butler
History doesn't repeat otself, but it rhymes >LINK >PNK I sadly only have 10k PNK though
Kayden Richardson
pump
Charles Gutierrez
I wouldn't bet on it going much lower than it already is. Remember: >no major listing >actual, tangible product that you can use right now >largest potential in the crypto space outside eth/link/btc (decentralised oracles with no oracle network required) >huge capacity to branch outward using whitelisting >people still see pajeet memes and don't read the yellowpaper
Price discovery is no meme. LINK is high because LINK is high. It goes up, people chase pumps, people eventually discover what LINK does. Kleros is no different. When it gets to 30-40c people will actually start opening the threads and discovering what it is that Kleros actually does. If Zig Forums gets in before coinbase lists PNK they will do well, otherwise it'll be another >I had 2 years situation.
James Adams
I don’t get why this board is chasing all kinds of pump and dump scam coins that literally do nothing like STA, RLC, fucking YAM etc. but ignore coins with actual use cases and a working product. Eh, I got a 10k sui when it was below 10 cents cause I believe in the project’s potential. We’ll see, Zig Forums!
Sebastian Morris
The Ethereum network is so clogged by the time the shitcoins I need to unload even get to Idex it'll probably be Monday anyway so whatever happens happens.
Dominic Johnson
Because Zig Forums is literally incapable of buying low. Nobody here reads whitepapers or sees potential in technology, they just buy x because they think it will go up, not understanding that it is the tech which MAKES it go up.
I think PNK will see another pump when STA dies again. People will be looking for a way to recoup their losses and think PNK is the answer. They'll undoubtedly sell at 50c, because they still can't see potential, but that's Zig Forums for you.
