BITNATION - The Future Of World Governance
BitNation - Project Introduction
Hi everyone today I will be introducing a project I am excited about, not because of amazing technology, coding or any stuffs like that, but because it opens new doors for application of the blockchain technology.
This project is creating a Nation on the blockchain; yes you heard it right, a whole nation and one without borders. This means actual equality and equity between people of different races or heritage, now a Johnson from the United states is equal to a Katung from South Africa or anywhere on the planet.
BITNATION?
Bitnation is the world's first Decentralised Borderless Voluntary Nation (DBVN). Bitnation is driven by the concept that people do not necessarily need to be monitored controlled and ruled by jurisdictions of centralized governments and human communities can actually be a sovereign and self-governing one.
With Bitnation people can be citizens of any country they choose and not one decided by the state, powered by the blockchain they get to have legal and binding agreements, exchange of value and peer to peer interactions totally independent of the governing body of their geographical location.
There is a popular saying that goes thus; In a land without rules, there's no sin. This applies to every human community. Bitnation understands this and at the heart of Bitnation is a decentralized encrypted network called Pangea.
Pangea is a simple user friendly network which can be used to write smart contracts that can easily be integrated into any blockchain. This serves as rules and terms of agreement for people in the different nations on Bitnation. With Pangea you can create your own country with its own laws and values with people of common minds irrespective of your different cultural backgrounds.
With Bitnation you are no longer constricted to the laws of your geographical locations stating what you can own, who you can love or how you can interact and everyone can belong to the community that is fair and suites them.
How Do I Become a Part of This Nation?
The best things in life are for free goes the saying. Unlike the numerous countries around the world where people have to pay high visa to travel to, Bitnation is available to everyone all over the world through the blockchain. Being part of nations on Bitnation can be by creating your own nation with its rules of law and codes of settling disputes or by joining an already existing one and agreeing to its rules of law and codes of conducts which are publicly available.
For every country there has to be a legal tender, in here enters PAT Tokens the means of exchange of value between citizens of Bitnation's different countries. It will be a means of payment for services rendered, properties exchanged and also for contributing to the country by being a form of mediator in disputes or settling of agreements by either acting as an abritiator or a witness. People can be part of the Bitnation ecosystem as a Citizen, an ally, an ambassador or as an embassy and consulates.
Bitnation has launched their token sale to offer investors and early adopters a chance to purchase PAT tokens.
Ticker: PAT
Token Type: ERC 20
Price: 474 PAT = 1 USD
Accepting: ETH, BTC
Hard cap: 30,000,000 USD
Official Contacts
Website: https://tse.bitnation.co/
Whitepaper: https://github.com/Bit-Nation/Pangea-Docs/raw/master/BITNATION%20Pangea%20Whitepaper%202018.pdf
Telegram: https://t.me/PangeaBitnation
Bounty Thread: https://bitcointalk.org/index.php?topic=3081168
Conclusion
This is my evaluation of Bitnation's project using the website, whitepaper and telegram among other research tools, so kindly visit the above stated contacts for more information on the project and your do your own research always.
You can connect with me on bitcointalk and steemit here
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1556229
Steemit Blog: https://steemit.com/@adekogbe/
If you like my article kindly upvote and leave your comments or questions below.
Thank you.
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