Bitnation 4.5/5 (1)

Bitnation

Virtual governance services
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.


4.5

HypeSecurityTeamVision
5.05.04.04.0



STATUS: Ended
TokenPAT
CountrySwitzerland
preICO start26 Oct 2017
preICO end21 Nov 2017
ICO start28 Feb 2018
ICO end28 Mar 2018


  • ABOUT
  • TEAM
  • MILESTONE
  • FINANCIAL
  • SECURITY
  • MEDIA

The 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.

Team

TEAM
Eliott Teissonniere
Software Architect
Erik Vollstädt
Lead Ambassador
Florian Lenz
Backend Developer
Daniel França
React Native Developer
Kent Dahlgren
AI Developer
Mawo
Infrastructure & Security
Johan Nygren
Resident Genius
Sonja Prstec
Legal Advisor
Kenneth Lillieholm
Documentation
Joffy Mills
Marketing & Communications
Alma Sommer
Social Media
Björn Paulsson
Project Coordinator
Adrian Pollio
Graphic Designer
Alberto Estarrona
Senior iOS / Android Developer
William Huang
Solidity Developer
Camilo Luna
Web Developer

Milestones


  • Bitnation is founded
    World's first blockchain marriage, world citizenship ID and other pilots

  • First iteration of Pangea
    Using the Horizon chain. Blockchain land title and birth certificate pilots conducted

  • Refugee Emergency Response
    Blockchain ID, Citizen and Embassy functionalities

  • 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

  • IPFS, PAT and NETEXPLO
    New IPFS Centric Pangea Backend, PAT Token Design and UNESCO NETEXPLO Award

  • New Pangea Frontend, Lucy Bot, Oracle and TSE

Financial

Token
PlatformEthereum
Investment Info
AcceptingUSD
Tokens Distribution34% - ICO
24% - Future stakeholders
18% - Core team
15% - Options and bounties
10% - Launch stakeholders
Hard cap42,000,000 PAT

Security

Legal entity

Registered Address: Zug, Switzerland

https://www.zefix.ch/en/search/entity/list/firm/1324006?name=bitnation

Prehistory of project

According to roadmap in whitepaper, Bitnation was founded in 2014.

One of Bitnation first events was blockchain marriage https://bitcoinmagazine.com/articles/couple-get-married-bitcoin-blockchain-disney-bitcoin-conference-1411513231/

Their website is https://bitnation.co/, company is continuing to provide services to people as e-governance.

Product or its MVP

There are code and design developments for Pangea project

https://github.com/Bit-Nation/BITNATION-Pangea-mobile

Escrow

Escrow is provided by Bitcoin Suisse

https://www.bitcoinsuisse.ch/bitnation/

Comments

Update: 16.01.2018

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