Bitnation

BITNATION - World's First Decentralized Borderless Voluntary Nation

Peaceful greetings of the universe, this time I will discuss about ICO or project Bitnation, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).

The system of Government and its traditional jurisdiction due to long time makeover. It seems like the States tighten their grip the people's freedoms as the world population is growing at an exponential rate. There is only so much a traditional organization models can do.

Times are changing, and if the legal system is not, we are bound to clash significant ideology that historically speaking never end well for all parties involved. With the help of blockchain technology, however, the model can be transformed into a form that is worthy of the 21st century.

Bitnation is a platform based on blockchain technology that enables you to become a “world citizen”. In BITNATION, every citizen is sovereign and has the right to self-determination and is at liberty to choose any form of expression or way to be human or posthuman and with whom to associate and cooperate. Being the world's first Decentralized Borderless Voluntary Nation (DBVN), Bitnation started in July 2014 and hosted the world’s first blockchain marriage, birth certificate, refugee emergency ID, World Citizenship, DBVN Constitution.

Already, over 200 new Nations have been registered on Bitnation, over 100 Embassies and Consulates, over 10,000 Citizens on all five continents, and a dynamic community of over 2000 contributors. All these are already existing in the Bitnation ecosystem. Bitnation offers a range of services in-house or in partnership with other providers.

The Bitnation blockchain Public Notary is being used for a wide range of purposes such as: marriages, wills, birth certificates, company registration, land titles, freelance agreements, loan agreements amongst others. Also the Bitnation Refugee Emergency Response (BRER) provides a blockchain ID for stateless people. BRER’s software won the Grand Prix and Award for Best Idea at the UNESCO NETEXPLO 2017.

Bitnation is also in Partnerships with third party governance service providers such as Exosphere Education Program, SpaceChain’s open source space hardware and software program, resilience me, basic income protocol, and Dragonfly’s physical security service.

The world’s first Blockchain Marriage and World Citizenship ID, Blockchain Land Title, Birth Certificate and Refugee Emergency ID was organised by Bitnation during 2014 and 2015. In 2016, Bitnation, recorded the world’s first DBVN Constitution on the Ethereum blockchain and has since set up a resource center for other aspiring DBVN creators.

The Pangea Jurisdiction which has been in development since 2015, and is currently on version 0.3, is built on IPFS, SSB and Ethereum. Two previous iterations have been released in the past, the first one using the Horizon chain, and the second one based on the SSB “gossip” protocol.

The core function of any nation is to protect its citizens and their assets through an enforceable jurisdiction (the practical authority to administer justice within a defined area of responsibility). Security and justice ensure that our assets, including our bodies, are safe from violence and dispossession. Increasingly security and justice are merging as more of our assets become digital.

In the Pangea Jurisdiction, Citizens are able to make peer-to-peer agreements, resolve disputes, and access governance services from DBVNs using the legal code of their preference. In addition, Pangea provides core infrastructure for other Voluntary Nations. That means Pangea serves as a decentralized jurisdiction on which Voluntary Nations can be created, joined and Lived in.

It Is Now Time ICO

For a token-based system such as Pangea inducement to be effective, the wide circulation of the Pat is needed. And so begins the sale of Tokens Pangea. Sale token period is divided into three stages, with a total of 14.28 billion PAT will be sold, equivalent to 34% of the total of Token.

The first stage is the initial sales being completed in December 2017, the second phase, which began on March 25, 2018, a public auction of the month by offering up to 7.3% PAT and maximum $27, 3 million. While the third stage was a slow version which sold the tokens will be sold in a variety of stock for 24 months, with a total of 14.28 billion Pats sold in April of the year 2020.

Token ICO Bitcoation known as PAT or Pangea arbitration token, which is nothing more than the Ethereum ERC-20 Tokens. This token is primarily used to allocate rewards in Pangea platform.

Conclusions

Bitnation started implementing a revolutionary idea that could change the existing structure of the state. This is the first of its kind project, which has existed for 4 years. Given the accelerated pace of globalization, the development of events is precisely in this scenario is possible.

However, because of the scale and complexity of the project, there are many nuances, and no expert can accurately predict the degree of Pangea's compliance with the future world. It is also worth noting that White Paper is written in a complex language, many moments will be incomprehensible to the average investor, and the site has been translated into only two languages.

If you know how to improve our community.

If you know how to spread information about us in this world.

If you have any ideas for other improvements, it is a privilege

if you all participate in our bounty.

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More Information Visit The Bitnation Link:

WEBSITE : https://tse.bitnation.co/