Spicekit is a platform that enables decentralized, collective legal action. We facilitate class-action lawsuits by crowd-sourcing evidence and incentivizing law firms to take on risky cases for the benefit of consumers and investors.
Spicekit's team consists of legal technology experts, software developers, and blockchain researchers. We believe blockchain technology empowers individuals created a unique opportunity for individuals to take control of the systems they use
You can fund a bounty with any method of electronic payment either in FIAT or Cryptocurrency.
They shouldn't. Spicekit is based on radical transparency, so there's nothing to trust: you can see everything for yourself. Our smart contracts run on the Ethereum blockchain, so every aspect of them is fully auditable. Moreover, all the evidence users collect is stored on a secure, public server that anyone can inspect at any time.
We'll be supporting new kinds of legal action as we grow, but for now our platform can be used to create bounties for the following causes of action:
We collect only the information users submit through our questionnaire. We know that privacy is important to users, so all the questions are optional - you can answer as many or as few as you feel comfortable with. That said, all information you submit is extremely useful for lawyers, so complete answers are encouraged.
Evidence is stored on a secure public server, where it can be accessed by anyone. This helps attorneys conduct investigations and makes it more likely that class members will get justice. You can access the repository of evidence from our website.
All data you submit is public; if you have evidence containing personally-identifying information, you should indicate on the questionnaire that you prefer to be contacted by an attorney directly. Similarly, any contact information you provide will be public. We recommend associating a new email address with any evidence submission.
Our bounties are designed to encourage attorneys to take the risk of bringing class action lawsuits by rewarding them for reaching important litigation milestones. The most important milestones are Denial of Motion to Dismiss and Grant of Class Certification.
The bounty programs listed on Spicekit are carefully curated to ensure that the contracts are safe and secure. If you'd like to create a new bounty, let us know!
Spicekit doesn't require a minimum number of participants. Bounties that raise at least 10 ETH will be considered Viable and will lock in funds. Until that point, backers can get a complete refund!
All funds are stored securely in an escrow smart contract until a litigation milestone is reached.
When a litigation milestone is reached, we check the identity of the person/organization claiming the bounty against public court records. If the attorney on the case matches the owner of the address, the funds will be released. Although Spicekit does not require it, attorneys can simplify this verification by including their ETH address in their court filings.
Users can claim a full refund if the bounty is not claimed within the time specified in the smart contract.
Spicekit is not a law firm, and does not refer class members or assign work directly to lawyers. Spicekit simply allows individuals to provide lawyers an additional incentive to take up cases; the first lawyer to reach a litigation milestone can claim the bounty.
Evidence may be submitted and stored freely. When a bounty is claimed, we charge a small transaction fee to fund our continued operation.