Topic: [ANN][PRESALE] BITNATION - page 9. (Read 31241 times)

Hi all!

I recommend giving this steemit post a read:

https://steemit.com/ico/@maniecool/bitnation

It covers what Bitnation is, what Pangea's features and system architecture are and a roadmap for the project.

Hello Vabchgent,

PAT drives the reputation system on Pangea, which provides a native contract enforcement mechanism. Pangea awards three non-tradable sub-tokens for 1.) making and successfully completing contracts and arbitrating disputes (keeping your word), 2.) building and populating  nations and offering services citizens rate highly, 3.) developing and updating smart contracts that are highly rated by users. Users can only rate ‘machines ’ - smart contracts and nations - not other users (to prevent popularity contests), while a machine (AI) rates users against set criteria.

PAT is a tradable reward (like air miles) for building up a good reputation (accumulating non-tradable tokens). It can be used on the platform to buy services and exchanged for other digital assets - we have a deal with shapeshift already. You can also use any other crypto to buy services and trade on Pangea, but use of PAT will provide a small discount.

 So a jurisdiction is a domain of law. In which any agreements can made and upheld to a set of agreed rules (a legal code). Because ours is a peer-to-peer jurisdiction, those rules are agreed between the parties to each agreement, not by any third party or authority. The Pangea jurisdiction allows these agreements to be made, and provides a native human arbitration system to resolve disputes - and a reputation system for enforcement.

In addition to p2p agreements, users can also create their own voluntary communities- nations- for collective agreements, and to offer governance services. These can use the Pangea jurisdiction to their own set of collective rules.

Since they are voluntary (nobody is forced to join them, and any citizen can leave at any time) these communities must compete for citizens in a free market for governance - and it’s perfectly possible - even likely - that users will join several nations to access different services (e.g. a occupation based nation, say for employment and education - e.g. a wheat farmers nation, or a solidity developers nation, another for their local needs - say a neighborhood or city association for trash  collection, basic income and local services, and a cultural nation for religious or other social services - like a nation of Goths or Buddhists.) so governance becomes like other aspects of life, a matter of choosing what suits you best.

Here's a brief but packed video about Bitnation shot at  Ashland, Oregon, to start your day!

Video introduces and  gives updates about Bitnation.

https://www.youtube.com/watch?v=TpBKFnL2Q_0

Enjoy!!

Can you think of any scenario where it might make sense for one party to deviate from the contract? Even if it is damaging both parties for example? What happens then? Would a court still be a place to go or how do envision such a situation (if existent) to play out? Very interesting project anyway here!

Hi OP, I believe we are not in the pre-sale phase anymore, maybe we should change the title of this thread, every detail is very important
to attract investors. What I see now is that the contribution is very slow, it's still less than 1,000 ETH so far.

Hi Everyone,

Here is a short video from the team of Bitnation regarding the token sale:

https://www.youtube.com/watch?v=Y1ZaKDGCGwA&feature=youtu.be

Take some time to click the link!

Just read a review that really goes into detail about Bitnation,

These points really stood out to me!

• It provides a platform for a variety of governance services for users including chatbots and decentralized services.

• Holds a unique directory of citizen’s details.

• Ensures peer-to-peer contracts with ample amount of security.

• Allows the users to create their own nation.

• Provides a variety of citizenship benefits.

• The tokens of BitNation are referred to as Pangea Arbitration tokens. These tokens are used to give rewards.


https://medium.com/@sinofd/bitnation-ico-review-decentralized-borderless-voluntary-nation-70e70e098e00

Thanks for the review egetrorx, I will pass this on to the team!

                                   Bitnation  ICO Review (RUS) for Russian-speaking people! BTCBTCBTC   👉 https://youtu.be/UTVtiU7kOH4 
                                                          My Twit:  https://twitter.com/Kaznachej123/status/980098579464359936

    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.

                             

Hello, Here is a little it about the PAT Token, the currency of reputation in the Bitnation platform.

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.

I hope this answers your question .

This article has some really good information about the direction of Bitnation

https://steemit.com/bitcoin/@romanpetrush/bitnation-promises-an-efficient-problem-solving-ecosystem

Hey DrearyUrbanite, there's actually no soft cap. However, we do have a hard cap of
US$27.3 Million, total hard cap was $30 Million, but $2.7 Million sold in pre-sale in Q4 2017.

Is there actually a soft cap or do you have enough funds already secured to definitely make Bitnation happen?

blog review
https://icoshrimp.com/bitnation-worlds-first-decentralized-borderless-voluntary-nation/

Hi marilouadrie,

Thank you for sharing your opinion, however, may I kindly share that Bitnation is not a lending platform but a peer-to-peer governance system. It is a system where you can gain reputation through hard work and agreements that you complete. For more on details on this, we welcome you to join the Telegram groups:

https://t.me/bitnationpangea
https://t.me/PangeaBitnation

Thank you again!

New article from crypto.invest:
https://golos.io/ru--kriptovalyuty/@crypto.invest/bitnation-gosudarstvo-na-osnove-blokchein

Dear Community,

We would like to share this Youtube Video with you:

"ICOGenius - BitNation Introduction"

You can find the video here:
https://www.youtube.com/watch?v=DtZGTxG5a40&app=desktop

$2.7 Million sold in pre-sale in Q4 2017, our main sale began on 25 March 2018.