Kleros company info

What does Kleros do?
Kleros (CRYPTO:PNK) is a decentralized dispute resolution layer that allows individuals and businesses to resolve disputes quickly, fairly, and affordably. Kleros uses arbitration courts made up of randomly selected jurors to resolve disputes. Jurors are paid in the Kleros token, PNK, for their services. Kleros' appeal lies in its decentralization, promoting security and anti-censorship, while ensuring transparency with public proceedings. It excels in efficiently resolving disputes within weeks and stands as a cost-effective alternative to conventional dispute resolution methods like arbitration and litigation. While still in development, Kleros has successfully resolved disputes across various sectors, including cryptocurrency exchanges, gambling platforms, and insurance companies. Projects like Augur, Gnosis, and Melon are utilizing Kleros for dispute resolution, focusing on prediction market outcomes and asset management concerns. The objective of Kleros is to provide a decentralized, transparent, efficient, and affordable way to resolve disputes. Kleros aims to make dispute resolution accessible to everyone, regardless of their location or financial resources.
Kleros company media
Company Snapshot

How many people does Kleros employ?

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Employees
11-50

What is the market cap for Kleros?

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Market Cap
$22.61M

Where is the head office for Kleros?

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Head Office
Paris, Paris

What year was Kleros founded?

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Year Founded
2017
What does Kleros specialise in?
/Prediction Markets

What are the products and/or services of Kleros?

Overview of Kleros offerings
Arbitration: Kleros uses arbitration courts made up of randomly selected jurors to resolve disputes.
Court governance: Kleros allows PNK token holders to vote on the parameters of the Kleros courts, such as the number of jurors per court and the fees that are charged for dispute resolution.
Dispute prevention: Kleros provides a number of tools and resources to help individuals and businesses prevent disputes from occurring in the first place.
Dispute resolution: Kleros provides a decentralized dispute resolution service that allows individuals and businesses to resolve disputes quickly, fairly, and affordably.
Jury duty: Kleros allows individuals to serve as jurors on arbitration courts and earn PNK tokens for their services.
Token curation: Kleros allows PNK token holders to vote on the proposals that are submitted to the Kleros platform.