According to historical data, a single continent called Pangea exited on our planet. However, it split due to movement of tectonic plates, increase of the area of oceans, and “poisonous” policy. Nowadays, people from many countries suffer from internal and external factors that politics fail to solve. Instead of developing the idea of an unlimited economy and expanding personal liberties of citizens, government promotes bureaucracy and intrusion in personal space of every person in the world. In order to prevent this, a unique platform called Bitnation Pangea was created.
Project’s goal
Primary goal of Bitnation Pangea is to create a unique platform of nations on the basis of Blockchain technology that will be able to provide people all over the world with services that are now being implemented by governments. At the same time, the letter has been replaced with voluntary communities. In other words, clients will be able to:
- join other nations;
- create personal communities;
- provide personal services regardless of the country of residence;
- use services of network’s other clients residing in various parts of the world.
How it works
Bitnation Pangea is a decentralized platform with DBVN-nations that represent a group of people having common interests and implementing personal services with no limits (regardless of geographical location, race, ethnos, religion, and other personal factors).
Unlike typical governments, DBVN-nations do not compel their citizens to lies, violence, forced services, labor duty against their will. These nations do their best to make all forms of systematic violence regarding citizens ineffective.
Pangea platform enables its clients to:
- create personal DBVN-nations with their own laws;
- join already existing DBVN-nations with the most suitable legislation;
- conclude agreements with other clients or nations;
- use notarial services, consult lawyers, and have arbitration support;
- select lawyers based on the rating within the network.
All the aforementioned operations can be done with the help of a special mobile application (named respectfully) for iOS and Android. Besides the aforementioned operations, it also allows to:
- hold communication;
- exchange files;
- draw and conclude smart contracts;
- trade.
To work within the network, tradable PAT tokens will be used as well as reputation coins (POA, POC, PON) that cannot be traded. Thus, when concluding and implementing an agreement, every buyer, community, or nation will be attributed with a rating that cannot be bought or increased manually. This will help create a fair system of relations. Let us have a closer look at the reputation tokens:
- POA agreement confirmation coins will be credited to users and arbitrators depending on the efficiency of their work;
- POC collectivity confirmation coins will be credited to groups of users and administrative services as well as to DBVN-nations for executing collective contracts;
- PON legality confirmation coins are designed for contracts, laws and labor codes that meet the demands of the citizens.
ICO dates and details
Preliminary placement of PAT tokens will be done from March 25 through April 25, 2018. Coins remaining after completion of ICO will be sold through exchange offices till April 2020.
As of April 16, 2018, the cost of 1 PAT is 0.000025 ETH.
Project’s hard cap is 30 million dollars.
Conclusions
Practically every person in the world is familiar with the problems that Bitnation Pangea platform is designed to tackle. This may result in the project’s top position among popular ICOs; however, dynamics of the cost of its coins shows the opposite. Several factors prove this project is reliable:
- Bitnation was established in July 2014;
- in 2017, Bitnation won UNESCO Netexplo award for emergency system of refugees identification.
- available mobile application for iOS and Android;
- over 500 nations have already been registered;
- over 5 thousand contracts have been notarized;
- the number of Bitnation citizens is over 15 thousand people.
Moreover, Bitnation was previously used to register the first ever marriage on Blockchain, to register the first ever Blockchain passport, and to create a land cadastre in Ghana.
The site and all the documentation can be found at the links below:
Site | Whitepaper | Telegram | ANN Thread
Links to my accounts:
/ Telegram / Bitcointalk /