Bitnation

Bitnation ICO overview

Pangea Arbitration Token (PAT) powers the Pangea Jurisdiction.

About Bitnation

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.

Bitnation ICO details and overview

Pre-ICO:

ICO Start:

February 28 2018

ICO End:

March 28 2018

Token:

PAT

Price:

474 PAT = 1 USD

Accepting:

ETH

Softcap:

No softcap

Hardcap:

30000000 USD

Platform:

Etherum

Country:

Switzerland


FEATURED

On.Live
Telecomunication
ICO ends 11 April 2018

View details
FEATURED

Forty Seven Bank
Fintech
ICO ends 31 March 2018

View details
FEATURED

Concierge.io
Travel
ICO ends 30 April

View details
FEATURED

VinChain ICO
Platform
ICO ends 15 April 2018

View details