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Current legacy infrastructure for legal spend is $1T annually in US, $2T globally.
$9B of that is online dispute resolution (ODR) tools, $15B by 2030.
By taking the best of the conventional ODR principles and deploying it on open-source protocols like Bitcoin, Nostr, and Fedimint, the result is a protocol for Open Source Justice. That is our goal. Our co-founder Aaron of @Resolvr has a longer article on this here: https://bitcoinmagazine.com/legal/open-source-justice-on-resolvr.
We are starting with something we can do close to home, resolving hacking bounties-- using that to bootstrap the protocol. We see Replit and HackerOne as incumbent competition, they combine for maybe $2B in market cap. We like our chances.
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