Professional Documents
Culture Documents
BITNATION Pangea Litepaper 2018 PDF
BITNATION Pangea Litepaper 2018 PDF
WEBSITE: BITNATION.CO
TOKEN SALE: TSE.BITNATION.CO
TELEGRAM: T.ME/PANGEABITNATION
Bitnation:
A Global Marketplace for Governance
You can choose where to access services and who to do business with based
on AI generated performance criteria, and make binding agreements and
resolve disputes with anyone, anywhere, without facing the high costs, time
inefficiencies, legislative incompatibilities and potential coercion and
arbitrariness of legacy territorial jurisdictions.
Enter Bitnation’s
Pangea Jurisdiction
We have built the first version of Pangea, a mesh network which can write
smart contracts to any integrated blockchain. The first service offered on
Pangea lets you create and join a Decentralized Borderless Voluntary Nation
(DBVN) with a constitution and code of law of your choice. Soon new functions
will be added to allow group and personal chat, write P2P smart contracts
from chat, resolve disputes and access governance service DApps. Our
automated and human reputation and arbitration systems and arbitrator and
code of law registries will provide positive incentives for contract compliance,
strengthened through network effect as Pangea attracts more users.
PAT Token Sale
We are using a reverse auction model for our token sale to allow the market to
set the token price. During the auction, the token price reduces at a fixed rate
and the auction ends when the hard cap is reached or after 1 month (which
ever occurs first).
The price paid for PAT is the auction price at the time the sale ends. All
contributors pay the same price as the last contributor (excluding bonuses).
34%
will be sold in three phases of the ICO.
1. Presale - Complete;
2. Auction - March 25;
3. Slow release - Remaining tokens sold over 24 months.
18%
is allocated to founders and core contributors.
14%
is reserved for future options and bounties.
34%
will be earned on Pangea by users.
Q1 2018
PAT Token Sale
About Bitnation
KEY STATS