Bitnation

Bitnation ICO
Verified ICO

Information and Analysis of Bitnation Initial Coin Offering



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Description: The Pangea Arbitration Token (PAT) is an ERC20 compatible in-app token for the Pangea Jurisdiction. The PAT token is a reward token for accumulating proof-of-reputation tokens. Non-tradable reputation tokens are issued issued when Citizens create a contract, successfully complete a contract, or resolve a dispute attached to a contract. PAT is algorithmically distributed based on performance, rather than purchasing power, popularity or attention.The Pangea platform is the first to market in the blockchain-for-Governance space. We provide citizens with a smartphone front-end to join communities, access services and create P2P contracts under the frameworks/laws and dispute resolution mechanisms of their choice. We think of it as the Internet of Sovereignty. The platform is end-to-end encrypted and the first quantum-safe, blockchain-based mesh network.


Our Rating: 95/100

ICO Starts on: 2018-01-15

ICO Ends on: 2018-02-15

Website:


ICO Analysis: How do you score ICOs?

BitNation is a Switzerland based organization producing a secure mesh network forming a distributed web, accessed through a smartphone-chat user friendly interface that is raising funds via an ICO. PAT tokens are issued by BITNATION

Bitnation has a demo of their project already available: https://expo.io/@danielfranca/bitnation

Is the business model realistic? Yes, with very reasonable goals and timelines we expect BitNation/Pangea to do very well and its token to rise in value quickly as more and more people jump on board.

The team is filled out with very solid individuals with very relevant backgrounds who have the experience and knowledge to push this project to the next level.

Top Team Members

Susanne Tarkowski Tempelhof – CEO – https://www.linkedin.com/in/susannetarkowski/
James Fennell Tempelhof – COO – https://www.linkedin.com/in/james-fennell/
Dr. John Matthews – CFO – https://www.linkedin.com/in/johnmathews1/
Eliott Teissonniere – Software Architect – https://github.com/developpsoft/
The Team is further filled out with legal counsel and has the amount of talent and skill that fit the project requirements

The Token

PAT is an ERC20 (Ethereum based) industry-standard token, easily integrated with wallets and exchanges. PAT code, the DBVN Multisignature code, and the BITNATION TSE Contract code has all been designed and audited by leading Solidity experts. All contracts are open source and can be found on our GitHub. Funds are secured by Bitcoin Suisse AG in a multisignature wallet.

To ensure the token is not diluted, the TSE is hard capped at US $30 Million, which is a very good idea and will ensure long term value. Token holders will also be able to buy and sell PAT on the exchange at market value.

According to the project information, PAT is a reliable investment, not subject to inflation, and provides some immunity to the volatility of cryptocurrencies. The foundation anticipates a +300% profit for ICO investors. The estimated investment return period is two years.

Feasibility

Team

Overall





This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation. See Disclaimer.