Bitnation Pangea Arbitration Token (PAT) pre-sale ongoing until November 9

in #bitnation7 years ago

I am a co-founder of Bitnation, a social infrastructure for building out Pangea, the web 3.0 jurisdiction, and connected with Susanne Tarkowski Tempelhof originally in 2014 around my ideas for the transaction-web, an infrastructure for "swarm redistribution", where people "mine" companies and supply chains and enforce taxes onto a society built on swarm-organization (Falkvinge, 2013).

The Pangea Arbitration Token (PAT) is doing a token sale event, to build out the PAT reputation layer (proof-of-agreement, proof-of-nomic and proof-of-collective) as well as the broader infrastructure around Pangea (including the ambassador network, embassy network and port network. ) PAT is conceived to be used for stigmergy, where the reward tokens form trails that can be used for in-direct coordination around a network-state like BitLattice (or, blockchains, tough I would say Hibryda's vision is a better technology. )

The Pangea Arbitration Token (PAT) whitepaper, released in full a month ago,
https://github.com/Bit-Nation/Pangea-Arbitration-Token-PAT/blob/master/BITNATION%20Pangea%20Whitepaper%202017.pdf

As we (the human species) are not a swarm yet, Bitnation is meant to be an infrastructure that can bridge the web 3.0 with the Westphalian consensus, and translate concepts, bring together visions, allocate capital, and build out the Pangea jurisdiction. The port system, currently up and running in Singapore, will grow to encompass 200+ nation-states, and the ambassador network and embassy network will continue to support the broader web 3.0 movement, as it has done since 2014.

Your contribution in the pre-sale will be invested into building out Pangea, and will also make you a shareholder in the PAT arbitration network, built around reward incentives rather than deterrents (as such, it mirrors the transaction-web in many ways. )

Technology that I have developed as part of the Bitnation project

Virtual Pseudonym Parties which inspired, by in-direct coordination, the paper Proof-of-Personhood: Redemocratizing Permissionless Cryptocurrencies - IEEE, which in turn inspired Proof-of-power, built on proof-of-suffrage, Panarchy, an idea for a mining system that socializes control of a blockchain, building on Ethereums’ Casper - P2P Foundation

The transaction-web with swarm redistribution, Swarm Redistribution live experiment, could a “Decentralized Basic Income Swarm” grow their own taxes ? - P2P Foundation

If visualized as a stack,

transaction-web (swarm redistribution with potential for Taxemes)
network-state (free market for governance services, a rule-space commons)
proof-of-power (representative consensus-by-bet)
proof-of-suffrage (people-vote in majority consensus)
proof-of-personhood (virtual pseudonym parties)

Invest in PAT and the reformation into swarm organization

The pre-sale has a 30% discount, so you get 30% more PAT per Bitcoin, Ether, Euro, Pound, Dollar or Swiss Franc. It is managed by Bitcoin Suisse, and there is "know your costumer" for the reason that it is regulated by the Westphalian consensus, as Bitnation is openly competing with, and also performing diplomacy with, the nation-states, and is modeled around reforming society in a gradual process.

Invest in the PAT token sale and grow the swarm on https://www.bitcoinsuisse.ch/bitnation/

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This whole thing is so interesting and fascinating! I hear all kinds of talk about anarchy, decentralization and revolutionizing government with cryptocurrencies, but I have always thought the current state of the technology is not up to par yet and it is not serious to talk about that yet.

This type of intitiatives and projects are what I find quite inspiring and are some of the few that have the potential for real revolution. When talking about crytocurrencies and the blockchain I always mention the word utility and it seems like this technology has a lot of potential to offer that in a brand new way.

I'm going to keep an eye on this and wait for a good time for me to participate in the future :)

I've been following your work by reading your posts here for months. All very interesting. I'll check out the PAT pre-sale. Thanks for letting us know about it!

Keep it up brilliant!

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