Review on Kleros by Syed Adnan
It is to build a decision protocol for a multipurpose court system.
It offers a solution, which does not really represent the jury or truly any arbitration panel. On the other hand, it can provide a unique answer to the question of how to allocate scarce judicial resources and litigation funds. The team's high technical skills, project ambitions and value proposition make it an attractive investment prospect.
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It offers compelling solutions for the arbitration world, which can be resolved more efficiently. Its success may be highly dependent on the overall adoption of crypto. Unless there is enough acceptance, it will be fairly easy for a competitor to try and replicate the approach.
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But while it is already well-positioned to take the market further and further in many cases, its success still remains highly dependent on the overall acceptance of crypto and blockchain technology in general.
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Pros
- Promising product.
- High upside potential.
- Unique solution for a vast problem.
Cons
- Low marketing activity.
- Low liquidity.
- Ambitious vision and a lot of risk.
