Bitnation - The Internet of Sovereignty

in #ico6 years ago

Bitnation
The Internet of Sovereignty

Current world order forces its citizens to compete with each other for the governance of their choice and this leads to conflict and violence. Bitnation project aims to reverse this status quo and shift sovereignty to the people by developing a free marketplace where Voluntary Nations, City States and Autonomous Communities compete for citizens. The “governments” will do this by offering opt-in governance services to the people.

Bitnation can be described as a proof-of-concept Decentralized Borderless Voluntary Nation (DBVN) and the services that are likely to be found in its marketplace include the Bitnation Blockchain Public Notary, the Bitnation Refugee Emergency Response (BRER), and the Pangea Jurisdiction.

The Bitnation Blockchain Public Notary should serve the purpose of providing birth certificates, marriage certificates, freelance agreements, company registrations, wills and so on. The Bitnation Refugee Emergency Response is also expected to provide Blockchain IDs for stateless people. Lastly, Bitnation project plans to use the Pangea Jurisdiction for peer-to-peer agreements and dispute resolution. For now, Bitnation plans to run their platform on the Ethereum blockchain, but there is a likelihood that other chains (Bitcoin, Tezos or EOS) will be integrated in the future.

On the platform, people may decide to be citizens of whatever nation they wish to. As a result, there should no longer be much incentive for violence, and the potential competition for citizens will likely lead to reduced costs and improved quality of services on the platform.

The Pangea Arbitration token (PAT) is ERC-20 compliant and Bitnation’s plan is that it will serve as the governing currency on their platform. PAT should also govern the 3 non-tradable reputation tokens that Bitnation claim will be made available: POA, POC and PON. PAT will be earned when these tokens are amassed; the tokens are to serve as rewards when users create a contract, complete a contract and/or resolve disputes.

Bitnation has already conducted the world’s first Blockchain marriage, citizenship ID, and emergency ID. Bitnation also won the UNESCO NETEXPLO 2017 Grand Prix.

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.

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.

•P2P AGREEMENTS

Pangea is a decentralised 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.

•FRONTIER TECHNOLOGY

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.

•YOUR OWN NATIONS

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.

Price Per Token

Bitnation plan to use a reverse auction model with a variable price for their token sale. As a result, token price will be set by market demand. At the start of the auction, 1 PAT will be 0.0445$ and it will decrease (at a predetermined rate) till it reaches the minimum set point of 0.0089$.

During the public sale, the following bonuses are available to buyers:

•Investors that send payments within the first 60 minutes stand to gain 15% extra tokens.
•Investors that send payments between hours 2–24 (inclusive) stand to gain a 10% bonus.
•Investors that send payments within 2–7 days (inclusive) stand to gain a 10% bonus.

Token info

Token | PAT
Platform | Ethereum
Type | ERC20

BONUS
Pre-sale | 30%
Tokens for sale | 42,000,000,000

Investment info

Min. investment | 0.05 ETH
Accepting | ETH
Distributed in ICO | 34%
Hard cap | 30000000 USD

Important Dates
PAT public sale starts by 4 p.m. (CET) on the 25th of March 2018. Furthermore, Pangea BETA mainstream market launch is scheduled for the third quarter of 2018.

Marketing Power
As at the time this post was published, Bitnation Pangea had over 6,400 followers on Twitter, 5,700+ subscribers on Facebook, 1,000 members on Telegram, and over 570 followers on Steemit.

Prominent Advisors

Rick Falkvinge
•Founder of the world’s first Pirate Party.

Vinay Gupta
•Gupta helped coordinate Ethereum’s 2015 release, working as a project manager on strategy and communications.
•Strategic Architect of Consensys.

Well-Known Team Members

Susanne Tarkowski Tempelhof, CEO
•One of Wired’s “Top Innovators Fighting for Your Right to Privacy Online”.

Team Members’ Areas of Expertise

Business experts

Susanne Tarkowski Tempelhof, CEO
•Founder and CEO of Wise Strategic Communications — a service that provided government organizations with strategic communication solutions — for 3 years. (sold to IDS International in February 2011).
•Founder of Shabakat foundation, a small-scale cryptocurrency mining firm.

Target market experts

James Fennell Tempelhof, COO
•Adviser to the UK government on conflict prevention in West Africa and Afghanistan.
•Head of Emergencies for nonprofit humanitarian relief agency CARE for over 6 years.
•Consultant/Writer, publishing several articles about security, refugees and decentralized governance, for 8 years.

Marketing experts

Erik Vollstädt, Lead Ambassador
•Erik worked in Marketing at several firms, including Tink, Weever Media Limited and Barcelona Home.

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.
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

Visit BitNation on

Website : https://bitnation.co/

ANN : https://bitcointalk.org/index.php?topic=2290580.new

Facebook : https://www.facebook.com/MyBitnation/?ref=br_rs

Twitter : https://twitter.com/MyBitNation

Telegram : https://t.me/PangeaBitnation

Author

Bitcointalk Username: Kingsraid

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1936096

ETH Address: 0x2611c981AdAb7109E26D0C1798e7B7F20764d5A3

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