Crowd sourced litigation funding on the blockchain

kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: thefaucetrunner on March 27, 2018, 10:41:28 PM

Quote from: ?? on ??

So it sounds fine but it sounds like you are making an altcoin with your username when a website and Bitcoin would easily be all you need, there is no need to make a new coin or token just use Bitcoin.

Or fiat for that matter. People could be the smart contracts. You could call them employees. I dunno. Making it a crypto and having such a unique purpose seems like the kind of weird idea that might actually work.

Not for it's own token, it would just be a speculation token and never actually used for it's own purpose. Reminds me of the stupid altcoin back in the day that you could exchange for GPU's from one website the creator of the coin had made and that was it.

thefaucetrunner

sr. member

Activity: 714

Merit: 250

Defend Bitcoin and its PoW: bitcoincleanup.com

Quote from: ?? on ??

So it sounds fine but it sounds like you are making an altcoin with your username when a website and Bitcoin would easily be all you need, there is no need to make a new coin or token just use Bitcoin.

Or fiat for that matter. People could be the smart contracts. You could call them employees. I dunno. Making it a crypto and having such a unique purpose seems like the kind of weird idea that might actually work.

TrialToken

newbie

Activity: 11

Merit: 0

What is Trial Funds
Today, most cases never make it to court because of the high cost of litigation. Imagine if individuals or companies could support plaintiffs, whose cases they believe in, by providing funding for them to pursue their case. Crowdfunding websites have gained mass adoption to support meaningful projects and new products that we want to buy.

Trial Funds will support blockchain and smart-contract technology that connects plaintiffs with backers. Offering a platform for people who need access to justice, and also empowering the public to fund others in the pursuit of justice.

Trial Funds will review every case that’s submitted and post cases that have a high likelihood of winning or setting. This model is already common in places such as the UK, USA, Canada, Hong Kong and Australia, countries where taking legal action is costly. Even if you have a good case, you might not be able to afford the process of taking it through to trial.

Topic: Crowd sourced litigation funding on the blockchain (Read 135 times)