The project itself looks promising, but given the situation on the market, I have a question: how do you plan to provide or protect the price of your token after they go to the crypto exchange?
Jeronimo78,
Once PAT are exchange listed their price will be based upon supply and demand like any other asset; so demand for PAT, which will be driven by demand for services and trade on Pangea, is ultimately what will influence the token price.
How can the average Joe actually contribute to foster utility on the platform? By using it and spreading the word or are there other ways? Can someone become a Bitnation lawyer? Does Bitnation acknowledge education? Could someone offer an educational degree program on Bitnation?
Hello there, Bitnation does acknowledge education.
Lawyers can offer services to their members their Nation and this means that a free market for governance services is possible.
That means it is up to the nation members to confirm that a lawyer doesn't only pretend to be a lawyer, but is in fact one? Or could they even decide to acknowledge someone as a lawyer although that person doesn't hold a degree? Is it all up to the people?
This is from the whitepaper,
Market for Freelance Arbitrators, Smart Contracts and Laws: Anyone can sign up as an arbitrator on Pangea and offer arbitration and mediation services. You could be a Wall Street lawyer offering to arbitrate complex mergers and acquisitions cases or a car motor dealer offering to resolve second hand car sales disputes. Each arbitrator sets their own fee rate and availability, and describes their experience and expertise, and the code of laws and jurisdictions they know. Citizens entering into contracts can choose arbitrators based on price, reputation and expertise.
Whitepaper page 8: https://tse.bitnation.co/documents/
Here's a video: https://www.youtube.com/watch?v=CL4eM9JyL08
