Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Trial Token - Matchmaking for plaintiffs and backers

% of readers think this story is Fact. Add your two cents.


Most cases never make it trial thanks to the high cost of litigation. But what if things were different? What if you had the funds to see your case through? Or, what if you could back a case that you cared about and help someone seek the justice they deserve but cannot afford?

That’s Trial Token. It’s litigation financing that leverages blockchain and Ethereum protocol to make justice transparent, approachable, and accessible for those who would otherwise lack the resources.

Civil lawsuits, on average, can produce upwards of $50,000 in legal fees, not to mention the toll it takes on one’s time away from work and personal expenses, making justice an asset class that is available only to those who can afford it.

Trial Token, of Trials Funds, is changing all of that

Their digital, blockchain based platform, inspired by crowdsourcing culture, leverages the idea of litigation financing, where a third party, unrelated to the lawsuit, provides capital to a plaintiff involved in litigation.

This, combined with the advanced technology behind it, creates a decentralized, transparent platform that removes financial barriers and intermediary parties. Just instant access to funding, which can help cover the high fees litigation, as well as working capital and personal expenses.

Simultaneously, backers take an active role in helping fund cases they believe in, which can range from Breach of contracts, Investment suits, to Professional negligence, all while earning a rate of return.

How Trial Token Works

How it Works

Plaintiffs seeking legal services purchase Trial Tokens (TT) which is based on the ERC-20 standard. From there, they create a comprehensive case on Trial Funds for which backers to can access and view.

Every case taken in by Trial Token is meticulously vetted and reviewed by a team of expert, legal advisors. Backers review a plaintiff’s case and select one they wish to support and fund. Plaintiffs receive the funding for their case and pursue justice, and backers can track the progress of the case,

Once the case is settled or won, the backer will receive a portion of the settlement.

Based on the Ethereum protocol and conforming to the ERC-20 standards, Trial Tokens will utilize the smart contract technology to maintain a public ledger that maps Etherum addresses to Token balances.

Only 1 billion of Trial Tokens will only ever be created with an structured mechanism of allocation and are intended to be sold during their initial Primary Token Sale at a price of USD $0.10 per Token Pre-sale conversion.

How to Buy

Trial Token recommends creating an Etherwallet, or use any digital wallet that sees you as the owner of the private key. To purchase, send to Trial Token’s sale smart contract, where you will receive your Trial Tokens once the primary sale is complete. You can also purchase your tokens via credit card or wire transfer — just go to www.trialtoken.io and click on “join the presale”

It Takes a Digital Village

Trial Token is changing the legal system, one case at a time. It’s a token with a purpose, one that removes the reliance of centralized, Litigation intermediaries, providing inclusivity for those seeking justice, while connecting and empowering the public to help funds others in their pursuit of legal action.

Are you ready to help change the legal landscape? Purchase your pre-sale token here.

 

 



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.