Bitnation

Bitnation

Created using Figma
Created using Figma

Last Update

Mar 22, 2018

This is a decentralized platform jurisdiction which embraces internet sovereignty on block chain technology enabling citizens to conduct peer to peer arbitrations to come up with a voluntary nation. It uses the panthalasa mesh which is built using secure scuttlebutt (SSB) ,an interplanetary file system (IPFS) and Ethereum promoting self-productivity.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Bancor Network
    XPAT/BNT 26 minutes ago
    $ 0.00000592
    $ 896.70
    3.86%
    169.38%
  • BOA Exchange
    XPAT/BTC 2 hours ago
    $ 0.0001
    -
    -2.41%
    -100.00%
  • LATOKEN
    XPAT/ETH 3 days ago
    $ 0.0001
    -
    -
    -
  • BOA Exchange
    XPAT/ETH 28 days ago
    $ 0.00003105
    -
    -
    -
  • SatoExchange
    XPAT/ETH one month ago
    $ 0.00002845
    -
    -
    -
  • Worldcore
    XPAT/BTC one month ago
    $ 0.0001
    -
    -
    -
Public Sale
Mar 25, 2018
Apr 25, 2018
100% completed
$412 832
cap
goal
1% goal completed
Goal 27 500 000.00 USD
Cap 27 500 000.00 USD
past
  • 1 PAT
    =
    0.0091 USD
Pre-sale
Nov 24, 2017
Dec 24, 2017
100% completed
$2 700 000
cap
goal
90% goal completed
Goal 3 000 000.00 USD
Cap 3 000 000.00 USD
past
  • 1 PAT
    =
    0.0013 USD
Token Details
Accepted Currencies
ETH, BTC
Company Details
Registered Country
Switzerland
Additional Details
Platform
Ethereum, other in furture
Categories
Platform

About Bitnation

Bitnation's Pangea Software is a Decentralized Opt-In Jurisdiction where Citizens can conduct peer-to-peer arbitration and create Nations. Pangea uses the Panthalassa mesh, which is built using Secure Scuttlebutt (SSB) and Interplanetary File System (IPFS) protocols. This enables Pangea to be highly resilient and secure, conferring resistance to emergent threats such as highperformance quantum cryptography. Pangea is blockchain agnostic, but uses the Ethereum blockchain for the time being. In the future, other chains such as Bitcoin, EOS and Tezos can be integrated with Pangea.
The Pangea Arbitration Token (PAT) is an ERC20 compatible in-app token for the Pangea Jurisdiction. The PAT token rewards good reputation, and is issued on Pangea when Citizens accumulate non-tradable reputation tokens through creating a contract, successfully completing a contract or resolving a dispute attached to a contract. PAT is an algorithmic reputation token; an arbitration currency based on performance, rather than purchasing power, popularity, or attention.
The distribution mechanism for PAT tokens on Pangea is an autonomous agent, Lucy, which will initially launch on Ethereum as a smart contract. This mechanism is blockchain agnostic and can be ported to any viable smart contract platform. An oracle created by Bitnation will help to facilitate this (semi) autonomous distribution mechanism in a decentralized and secure fashion.

Features

Bitnation's Pangea is a secure mesh network forming a distributed web, accessed through a smartphone-chat user friendly interface. Blockchain agnostic smart contract functionality powers the Pangea Jurisdiction, currently implemented with Ethereum. Pangea is a decentralized market for legal services. Create and execute peer-to-peer agreements seamlessly across the world, resolve disputes fairly and efficiently. Choose an arbitrator, or become an arbitrator in your field of expertise. On Pangea you can create your own Decentralised Borderless Voluntary Nation (DBVN). Choose your Code of Law and Decision-Making Mechanism, write a Constitution and provide Governance Services to Citizens.

Technical Info

Bitnation's juridiction is build upon a mesh communications netowrk, ewhich uses proven industry components linked to IPFS file storage and a light Ethereum geth node, enabling smart contract to be written to the Ethereum blockchain.  Other chains can be integrated and are programed into the dev roadmap. The PAT driven repuation system will be integrated at the end of Q2 2018 (initial version), and rewards the accumulation of three non-tradable tokens for 1.) making and completing contracts, 2.) arbitrating disputes, 3.) populating nations and offering quality governance services, and 4.) creating popular smart contracts. User reputation is based upon performance criteria determined by our AI.  Nation and contract reputation is determined by user feedback.  Our early Beta was released in January 2018, on which nations can be created and citizens can chat with one another. The 2018-9 roadmap will see all features integrated and a got-to-market strategy actioned.

Bitnation Roadmap

  • BITNATION was founded in 214

  • World's first blockchain marriage, world citizenship ID and other pilots!
  • July 14, 2014

  • BITNATION is founded World's first blockchain marriage, world citizenship ID and other pilots!
  • BITNATION is founded

  • World's first blockchain marriage, world citizenship ID and other pilots!
  • Q2 2015

  • First iteration of Pangea Using the Horizon chain. Blockchain land title and birth certificate pilots conducted.
  • Read More
  • First iteration of Pangea

  • Using the Horizon chain. Blockchain land title and birth certificate pilots conducted.
  • Q3 2015

  • Refugee Emergency Response Blockchain ID, Citizen and Embassy functionalities
  • Refugee Emergency Response

  • Blockchain ID, Citizen and Embassy functionalities
  • Public Notary

  • Created in cooperation with Estonia's e-Residency Program
  • Q4 2015

  • Public Notary Created in cooperation with Estonia's e-Residency Program
  • DBVN and Pangea v. 02

  • Launch of DBVN on Ethereum, DBVN Resource Center, and Pangea v. 02 on SSB
  • Q1/Q4 2016

  • DBVN and Pangea v. 02 Launch of DBVN on Ethereum, DBVN Resource Center, and Pangea v. 02 on SSB
  • IPFS, PAT and NETEXPLO

  • New IPFS Centric Pangea Backend, PAT Token Design and UNESCO NETEXPLO Award
  • Q1/Q2 2017

  • IPFS, PAT and NETEXPLO New IPFS Centric Pangea Backend, PAT Token Design and UNESCO NETEXPLO Award
  • New Pangea Frontend, Lucy Bot, Oracle and TSE

  • We are here now!
  • Q3/Q4 2017

  • New Pangea Frontend, Lucy Bot, Oracle and TSE We are here now!
  • Q1 2018

  • Pangea Jurisdiction 0.3 release on Google Play on which nations can be created and joined
  • Q2 2018

  • ICO and integration of chat, smart contract functionalities and early version of reputation system to software
  • Q3 2018

  • Integration of PAT rewards, arbitration system, upgrade reputation system (Lucy AI), bug fixes and security review
  • Q4 2018

  • Go-to-market strategy. Release of API and DApps

Activity

Activity:
221
HIGH
Posts:
13
VERY LOW
Views:
3 551
LOW
Activity:
129
MEDIUM
Merit:
3
VERY LOW
Posts:
6 815
VERY HIGH
Views:
65 808
VERY HIGH
Users:
1 494
VERY HIGH
Posts:
2 402
VERY HIGH
Followers:
9 530
HIGH
Likes:
9 105
HIGH
Rating:
5
VERY HIGH
Followers:
7 920
HIGH
Tweets:
2 483
VERY HIGH
30 Days Growth:
Members:
63 254
VERY HIGH
30 Days Growth:
-2355
Year commits:
889
Watchers:
308
Stars:
287
Forks:
122
Open issues:
84

Bitnation Team

Verified 30%

Attention. There is a risk that unverified members are not actually members of the team

Susanne Tarkowski
Tempelhof CEO
unverified
James Fennell
Tempelhof COO
verified
Florian Lenz
Software Architect
unverified
John Mathews
CGO
unverified
Daniel Franca
React Native Developer
verified
Kent Dahlgren
CTO
unverified
Erik Vollstädt
Community Director and Lead Ambassador
verified
William Huang
Solidity Developer
unverified
Joffy Mills
Marketing & Communications
unverified
Alma Sommer
Social Media
unverified

Advisors

Verified 25%

Attention. There is a risk that unverified members are not actually members of the team

4 ICO

$3 113 953

Sonja Prstec
Chief Legal Officer
verified
Rick Falkvinge
Advisor
unverified

9 ICO

$105 245 924

David Orban
Advisor
unverified

3 ICO

$3 113 953

Vinay Gupta
Advisor
unverified

Bitnation Interviews

James Fennell
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Hi, I'm both the COO and a Co-founder and Investor. Bitnation's vision is ground breaking - decentralised tech should drive decentralised governance, returning sovereignty to people. We are working hard to make this a reality.
Daniel Franca
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Full Stack developer with over 12 years of experience in development across different platforms.
Sonja Prstec
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Legal advisor for Pangea development
Erik Vollstädt
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I coordinate Bitnation's global ambassador network to facilitate user adoption and the creation of highly localized P2P governance DApps on our market of governance services. This includes the organization of meetups and community gatherings in Europe, Latin America, Africa and North America. We also engage our community through bounty programs for both social media campaigns as well as translations and content creation. The ultimate goal of the ambassador network is to create a human blockchain: Tech-savvy representatives who help our citizens in their local area.

Bitnation Last News

$ 0.00000592
3.77%
Coin Stats
Daily, %:
3.77%
Weekly, %:
12.92%
Monthly, %:
-30.29%
Market Info
Market Cap:
$ 200.63 K
Volume 24h:
$ 897.49
Circ. Supply:
33.899 B XPAT
Ticker:
XPAT
ICO profit
X 0.0011
ICO Price~$0.0052

Bitnation Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

PANGEA

This is a decentralized platform jurisdiction which embraces internet sovereignty on block chain technology enabling citizens to conduct peer to peer arbitrations to come up with a voluntary nation.  It uses the panthalasa mesh which is built using secure scuttlebutt (SSB) ,an interplanetary file system (IPFS) and  Ethereum  promoting  self-productivity.

POSITIVE VALUES

Free governance services: The project enables the citizens to have sovereign powers and the right to self-determination enabling them to choose any form of expression and individuals to associate with as opposed to the current orders where the citizens are forced to compete with each other in order to receive the desired governance outcome which has led to violence and conflicts in many states, kingdoms and city states.

Adequate security: The good governance provided by the Decentralized Borderless Voluntary Nation (DBVN) protects the bodies of the citizens as it if free from violence and dispossession. This provides adequate security in protecting all the citizens  as there are no border conflicts between the various nations and in case conflicts arises they are amicably resolved without loss of lives.

Business agreements:  The platform provides an easy way to draw up a contract peer to peer, resolve any dispute that arises and incentivize contract compliance through reputation system which allows freelance trading on any crypto currency. This promotes easy exchange of goods and services within different nations due to common cultures and cohesion within the different states.

NEGATIVE VALUES

Poor service delivery:  The project promotes self-dependence as different individuals are self-productive and doesn’t greatly depend on the goods and services from other citizens. This hinders competition in the service industry which is key in promoting economic growth.

RECOMEMENDATIONS

The increased centralized governance in the past decades has imposed a lot of suffering to the citizens as the decisions are made by individuals leading to frequent border conflicts. The system of governance provided by Pangea eliminates this challenge as the citizens are able to have peer to peer agreement to form voluntary nations free from violence making the project viable in application.

Read More
icoexaminer.com
ICO review website

Unlike many other blockchain projects which seek to disrupt existing industries, BitNation seeks to forge ahead with an entirely new one – nation-building without physical boundaries. That makes it one of the most ambitious projects we have seen. In the long term, it’s impossible to make predictions about such an ambitious project.

However, in the short term, it’s entirely possible that the project and the concept behind it could go viral. If that happens, the anti-nation-state stance of the project is likely to appeal to the crypto community’s libertarian strands.

It’s therefore entirely possible that the Pangea network could achieve critical mass quite quickly. The project will rely on the network effect, and if it can achieve critical mass, its utility value will grow rapidly. We will be watching with interest to see how the marketing strategy evolves and how quickly the team can add functionality to the smartphone app.

Read More
icotokennews.com
reviews

BitNation is creating buzz in the current ICO market, as it has a promising timeline and reasonable goals for their ICO rounds. While BitNation was established in 2014, Pangea was their brainchild in 2015.

They have since launched the PAT project, which itself has three sub-tokens under it: Proof of Agreement token, Proof of Nomic token and Proof of Collective token. These three sub-tokens are non-tradeable. In addition to that, PATs are algorithmic tokens, programmed to aide P2P contracts between the users of Pangea platforms.

If you are looking to investing in an ICO, BitNation has proven to possess all the important elements to succeed in the future.

As well as reading this review, take your time to read through their whitepaper and webpage as well. It will help you to understand the details of this project from all possible angles.

Read More
bitcoinexchangeguide.com
reviews

Bitnation is a unique blockchain-based platform with thousands of members worldwide. The platform allows anyone to become a world citizen. You join the platform, then enjoy various benefits of Bitnation citizenship.

Today, the platform is moving to a decentralized autonomous organization (DAO) structure. It’s built on the Ethereum blockchain.

Over the years, Bitnation has passed by a number of major milestones – including registering the first birth certificate, land records, and national public notary service on the blockchain. There are blockchain passports, and Bitnation has even developed and tested workable DIY land titles in Ghana, recorded on the blockchain.

Read More
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