However, the part of the legal cost is what sounds confusing, up there, it was $1. But how would $1 be enough to file the court papers, hire attorneys, do investigations, print briefs and other incidental costs to be incurred in the pursuance of a case in court.
Total cost is $10,000, so there would be 10000 tokens issued for 1 dollar each. How many buyer wants to get is entirely up to him/her.
Another concern here is the jurisdiction where the people are to be held responsible are based and not all places have developed legal system that would fit into this model. How would they be held liable for their own actions or they are exempted at the moment?
Everything would take place in Europe.
Creating token just to fund one lawsuit makes no sense - the time/energy/cost spent organising such project (properly) would likely be greater than for the lawsuit itself.
I think it would be actually easier. Token would be put on the exchange with SELL order, then depending on the court verdict it would be BUY for the price depending on how much is settled.
So if all goes well investor only gets half of his investment back? I'll pass.
In this case half of the cost + half of the winnings.
Imagine this scenario: You got 1000 tokens worth $1000 so 10% of the stake.
Next day we win in court, lets say 50,000 USD.
Then I create BUY order with the total budget of 30,000 USD (half the winnings (25K) + half of the costs returned (5K). That's $3 per token. You get $3000 back.
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