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PNK

Kleros (PNK)

Buy Kleros

Exchange rate Kleros:

0.14zł

-0.03%

Market capitalization

88921128 PLN

Volume (24h)

5617079 PLN

Supply in circulation

628497356 PNK

All-Time High

-

All-Time Low

-

Popularity by CMC

#598
The current rate Kleros PNK is $0.14. In the last 24 hours, the price of Kleros has decreased by -0.03% and the 24-hour volume of this cryptocurrency is $5 617 079.00. The cryptocurrency in the last 24 hours recorded the highest price at the $0.00, while its lowest was $0.00. The highest Kleros price in the last 7 days was $0.00, and the lowest price was $0.00. Exchange rate Kleros in the last 30 days decreased by -22.93%.
Cryptocurrency calculator
Źródło danych: Coinmarketcap.com
1h 24h 7d 14d 30d 1y
-0.64% -0.03% -3.12% -18% -22.93% -64.31%
Źródło danych: Coinmarketcap.com

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What is Kleros?

The Kleros (PNK) project was launched in July 2018 as a decentralized dispute resolution system. 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. 

If a dispute does arise, however, each party can choose from a list of KLEOs arbitrators that are chosen by token holders. 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. 

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  Trade Lab Programmatic Platform. 

Features of Kleros

Kleros is primarily designed for DApps, but it is a decentralized and inexpensive arbitration system that might also catch the attention of non-blockchain developers. It is designed to function as a neutral dispute resolution platform that can also 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.

In addition, it acts as a motivation for jurors to be honest in trials. PNK also gives them voting power which is tied to the number of tokens they hold. This encourages token holders to hold onto tokens for governance, as fees are also paid to jurors in ETH on a case-by-case basis.


Include on your website a calculator Kleros and chart PNKUSD using the widgets below.

Calculator Kleros

Źródło: Tokeneo

To place such a calculator on your website, paste the code below into the appropriate place.

Chart PNK-PLN

Źródło: Tokeneo

To place such a chart on your website, paste the code below into the appropriate place.

To run a calculator or chart on your site, please:

  • Copy the code of the selected widget and paste it into the right place on your website
  • You can also configure widgets as needed by modifying the parameters:
    • data-crypto="" - enter a list of cryptocurrencies that will be available in the cryptocurrency calculator. Enter the cryptocurrency shortname. You can add many cryptos, e.g. BTC, ETH, TEO. You will find a list of available cryptocurrencies here. To add all cryptocurrencies - leave the tag empty.
    • data-fiat="" - enter the list of FIAT currencies that will be available in the cryptocurrency calculator, you can choose multiple currencies by entering e.g. PLN, USD, EUR, GBP. To add all FIAT currencies - leave the field blank.
  • Parameters are configurable for the cryptocurrency calculator. In the case of the chart, it is not possible to add many parameters (crypto or fiat).
  • To use widgets, you must include a link to your source. The link is included in the above widget codes. The link should not contain the parameter rel = "nofollow".
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