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Topic: [ANN/ICO] KLEROS -Blockchain Dispute Resolution for virtually everything. - page 9. (Read 16209 times)

newbie
Activity: 124
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We recently created a demo video of our Kleros MVP. You can take a look at the current implementation of the protocol, view a test dispute and learn more about how it all works.

newbie
Activity: 8
Merit: 0
newbie
Activity: 124
Merit: 0
Thanks a lot for the Kleros initiative, two things I love about this projects. first, the courage to experiment the IICO method and second the way you propose to carefully blend what you stand for that is justice for all, with the Blockchain technology.
It is difficulty to see a free and fair token sales this days, but I believe Kleros can pull this through, I love the simplicity and clarity of your Whitepaper, but I will appreciate if you can enlighten us more on your team. 


Appreciate your thoughts. We hope this method is something that can proven as a fair and egalitarian way to distribute tokens more widely, whilst offering a fair price for the participant also.

In regards to the team: We'll be publishing a "Meet The Team" video very soon. Anything other than that, do ask and we'll do our best to answer your queries.
newbie
Activity: 75
Merit: 0
All the information with the picture more confused to understand this project there are other tricks of this project to succeed
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
Thanks a lot for the Kleros initiative, two things I love about this projects. first, the courage to experiment the IICO method and second the way you propose to carefully blend what you stand for that is justice for all, with the Blockchain technology.
It is difficulty to see a free and fair token sales this days, but I believe Kleros can pull this through, I love the simplicity and clarity of your Whitepaper, but I will appreciate if you can enlighten us more on your team. 
sr. member
Activity: 854
Merit: 252
★Bitvest.io★ Play Plinko or Invest!
This project is quite clear and transparent. Since launching this project has attracted investors to participate and it will be successful in the future.

it is important for the project to collect the hard cap on the sale of tokens.
It is good that investors are interested in this project, but it is important that there are a lot of them.
newbie
Activity: 124
Merit: 0

Below you can see a handy visual representation of our protocol in action. Part of a series of graphics created by our designer.






Find out more here
Join the discussion
newbie
Activity: 124
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The team is nice, as well as the whitepaper. The project seems professional and well organized. There's no price for the tokens, yet.

Reserve Translate Bounty

BitcoinTalk Name: sadness4me
Rank: Jr. Member
BitcoinTalk Profile Link: https://bitcointalksearch.org/user/sadness4me-1718690
Language: Vietnamese
Document for translate: All (ANN, Bounty Thread, WP, Web....)
Previous Translations: https://docs.google.com/document/d/1iyyeJgbD6selH3r_z-tKey3O8M69DGb5e8rn1NLJcyQ/edit?usp=sharing
Eth Address: 0xa2bb4F694cf9b23382DF049D94Cd6F55F6DA0981
Email: [email protected]
Telegram: @thosanthuong

Please PM or email me if you accept.


Thanks for the offer of translation. I will get back to you via PM in due course.
newbie
Activity: 140
Merit: 0
The team is nice, as well as the whitepaper. The project seems professional and well organized. There's no price for the tokens, yet.

Reserve Translate Bounty

BitcoinTalk Name: sadness4me
Rank: Jr. Member
BitcoinTalk Profile Link: https://bitcointalksearch.org/user/sadness4me-1718690
Language: Vietnamese
Document for translate: All (ANN, Bounty Thread, WP, Web....)
Previous Translations: https://docs.google.com/document/d/1iyyeJgbD6selH3r_z-tKey3O8M69DGb5e8rn1NLJcyQ/edit?usp=sharing
Eth Address: 0xa2bb4F694cf9b23382DF049D94Cd6F55F6DA0981
Email: [email protected]
Telegram: @thosanthuong

Please PM or email me if you accept.
newbie
Activity: 124
Merit: 0
I think no doubt if this project will succeed, because this project brought a very nice concept, and I believe that all the teams will be doing something that is best to be able to make this project a success.

That's certainly the idea yes!

Thanks for the kind words and we look forward to updating the community very soon with further announcements.
newbie
Activity: 126
Merit: 0
I think no doubt if this project will succeed, because this project brought a very nice concept, and I believe that all the teams will be doing something that is best to be able to make this project a success.
newbie
Activity: 124
Merit: 0
Our CEO Federico Ast talks with Jay Kimmer in Forbes today.

Link here


Quote
“In the 5th century BCE, the Greeks had a different concept of justice than we have now,” Ast explained. “They didn’t have lawyers or judges, but they had the idea that ordinary citizens had a right to judge in a trial.”
newbie
Activity: 124
Merit: 0
We've just published a post with more explanation as to why we chose the IICO route and the strategy behind it.

We hope you agree with our idea to make token sale models more egalitarian and open to all.

https://medium.com/kleros/kleros-token-sale-strategy-explained-9e805de2183b

Quote
The model we have chosen for our token sale is a combination of the best of both worlds: multiple rounds and Interactive Initial Coin Offering.

IICO will make sure that all members of the community can enter the sale in equality of conditions.

In the crazy world of ICOs, we want Kleros’ public sale to be a model of fairness, transparency and accountability.
newbie
Activity: 124
Merit: 0
Hi, do you have a bounty campaign?

Hi,

There is a Dev bounty which you can find out more about here https://medium.com/kleros/announcing-kleros-developers-bounty-program-1727d63d327e or join our slack kleros.slack.com to discuss there.

We're also actively looking to get some translations done by the community (specifically Russian or Chinese) if that's something you can help with. In regards to community collaborations you will receive Kleros points which will be redeemable for our token (PNK) at the end of our IICO.

If you feel there's something you could help with feel free to join our Telegram and we can discuss better there.

Thanks!
full member
Activity: 546
Merit: 100
Hi, do you have a bounty campaign?
newbie
Activity: 124
Merit: 0
so lets say that IICO thing was similar like private sale or what, im new for that system so would you kindly tell me detail different ICO and IICO?

are your IICO program was started and will be ending by 15 May, or will start on 15 may? if i read your explanation this IICO thing was unique and could be revolutioning and more attractive than traditional ICO.

Yes we're hoping it's a marked change in the way ICO's are participated in. We look to tie in our project milestones to future rounds and feel this method gives a much clearer prospect to potential contributors.

I think it's fair to say many ICO's have taken in huge amounts of ETH and not really delivered much to show for it. I'm sure they're working hard in the background but it's not great for early contributors when little development is seen.
newbie
Activity: 8
Merit: 0
This is indeed a good vision.. Just one question though, how the project counter people that might bribe the jury?

Bribing is the really hard for solving dispute resolution.
Bribing is prevented by:
  • Jurors losing coins if they vote incoherently, so if they think the others are not gonna accept the bribe, the bribe must excess the loss of tokens for incoherence.
  • Parties can appeal if they believe that the result of a ruling is the result of a bribe.
  • With sufficient appeals, everyone gets (statistically to be a juror), if the majority of token holders accepts the bribe the value of their coins will dramatically drop as no one will ever want their contracts to be arbitrated by the corrupted court. This is a 51% attack quite similar to those in PoS systems. The value in the disputes of the attacker must exceed the loss of coin value. Moreover the attacker (or the attacking cartel) must have 51% of the tokens which is quite hard. Paying half the market price is not enough as it would increases the price in response due to market depth effects.
  • Moreover, even if a 51% attack were to be successful, honest parties can fork, remove the attackers tokens in the new fork. New users would use the honest fork.

You can look a bit at the Devcon presentation and the white paper at pages 8 - 10.
newbie
Activity: 8
Merit: 0
are your IICO program was started and will be ending by 15 May, or will start on 15 may? if i read your explanation this IICO thing was unique and could be revolutioning and more attractive than traditional ICO.

It's starting May 15 and ending July 15.
newbie
Activity: 8
Merit: 0
so lets say that IICO thing was similar like private sale or what, im new for that system so would you kindly tell me detail different ICO and IICO?

Our first round of token sale is similar to a private sale in the sense that it will be the first time the tokens will be sold. Unlike most token sales which privately sell their coins at a deep discount, you'll get the first price. But that is not linked to IICO.



The interest of IICO is that you give a max valuation and if this max valuation is exceeded, you get refunded.
For example you say that the 16% of the first round are worth 1 600ETH (price completely randoms for the sake of the argument) and put 100 ETH in it.
If the valuation at the end of the sale is 5000 ETH, you get your 100 ETH back.
If the valuation is 1000 ETH, you get 1M PNK (assuming that everyone placed their bid in the full bonus phase).
member
Activity: 630
Merit: 13
so lets say that IICO thing was similar like private sale or what, im new for that system so would you kindly tell me detail different ICO and IICO?

are your IICO program was started and will be ending by 15 May, or will start on 15 may? if i read your explanation this IICO thing was unique and could be revolutioning and more attractive than traditional ICO.
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