As entrepreneurs look to take cryptocurrency mainstream, t
As entrepreneurs look to take cryptocurrency mainstream, they’re copying a tried-and-trusted approach from traditional investing: indexing. Index investing is designed to generate returns that are similar to a broad market index. This approach can reduce the risk of picking individual assets that might underperform the broad market. So, in the case of an equity index, instead of picking, say, Exxon, Apple, Johnson & Johnson and Ford, you invest in the broad market. Several new crypto index pr...
As entrepreneurs look to take cryptocurrency mainstream, t
As entrepreneurs look to take cryptocurrency mainstream, they’re copying a tried-and-trusted approach from traditional investing: indexing. Index investing is designed to generate returns that are similar to a broad market index. This approach can reduce the risk of picking individual assets that might underperform the broad market. So, in the case of an equity index, instead of picking, say, Exxon, Apple, Johnson & Johnson and Ford, you invest in the broad market. Several new crypto index pr...
“Second, we know it will work because even if it doesn’t work, we will fix it.”
topian token holdersSchmitz said she had rejected the whole concept of decentralized justice initially, but after she learned more about it, her initial fears were not realized. “When I first met with the Kleros guys, I was very against it. I called it pure gamification. I thought it was just like the lottery, I thought this should never be permitted because it is essentially betting on determinations,” she said. “But when I saw the use cases, and how it’s working it seemed less problematic t...
“Second, we know it will work because even if it doesn’t work, we will fix it.”
topian token holdersSchmitz said she had rejected the whole concept of decentralized justice initially, but after she learned more about it, her initial fears were not realized. “When I first met with the Kleros guys, I was very against it. I called it pure gamification. I thought it was just like the lottery, I thought this should never be permitted because it is essentially betting on determinations,” she said. “But when I saw the use cases, and how it’s working it seemed less problematic t...
“whales” from spending lots of tokens to open up an unassailable lead in
stop “whales” from spending lots of tokens to open up an unassailable lead in the voting, there’s a mechanism called the “100% rule” that stops the counting of votes on the majority side once it doubles the minority’s vote. The theory behind this is that the minority side would be able to make up the gap if it’s not too big. Jur’s game theory expert, Michele D’Asaro, suggested this rule is not so much based on game theory but is a way of safeguarding against possible defects in its applicatio...
“whales” from spending lots of tokens to open up an unassailable lead in
stop “whales” from spending lots of tokens to open up an unassailable lead in the voting, there’s a mechanism called the “100% rule” that stops the counting of votes on the majority side once it doubles the minority’s vote. The theory behind this is that the minority side would be able to make up the gap if it’s not too big. Jur’s game theory expert, Michele D’Asaro, suggested this rule is not so much based on game theory but is a way of safeguarding against possible defects in its applicatio...
Apart from user-testing the interface and identifying bugs,
Apart from user-testing the interface and identifying bugs, a panel of legal academics led by Andre Janssen, a professor at Radboud, will evaluate the decisions to see if the “crowd” gets it right. Janssen said he’s cautiously optimistic about the technology. “Our justice systems right now are time consuming and cost a lot of money. Jur and Kleros are trying to fill this gap with something better. There are some key issues that need to be resolved but it might [provide] cheap and immediate ac...
Apart from user-testing the interface and identifying bugs,
Apart from user-testing the interface and identifying bugs, a panel of legal academics led by Andre Janssen, a professor at Radboud, will evaluate the decisions to see if the “crowd” gets it right. Janssen said he’s cautiously optimistic about the technology. “Our justice systems right now are time consuming and cost a lot of money. Jur and Kleros are trying to fill this gap with something better. There are some key issues that need to be resolved but it might [provide] cheap and immediate ac...
New York Convention and the UNCITRAL Model Law on International Commercial Arbitration.
The end goal is to render arbitral awards that are recognized and enforceable almost everywhere,” Jur’s legal engineer, attorney Luigi Cantisani, explained. The first genuine contract was executed on the platform in early November, when Vienna-based graphic designer Daniela Rieser bought a second-hand car from her former partner Stefan. The pair reported it only took a few minutes to fill out some forms, agree to conditions around the payment of $10,000 worth of JUR tokens, and they had a leg...
New York Convention and the UNCITRAL Model Law on International Commercial Arbitration.
The end goal is to render arbitral awards that are recognized and enforceable almost everywhere,” Jur’s legal engineer, attorney Luigi Cantisani, explained. The first genuine contract was executed on the platform in early November, when Vienna-based graphic designer Daniela Rieser bought a second-hand car from her former partner Stefan. The pair reported it only took a few minutes to fill out some forms, agree to conditions around the payment of $10,000 worth of JUR tokens, and they had a leg...
