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The Token Investor

Bitnation Review – Scam Or Good Project?

April 1, 2018 by editor

Bitnation is a platform based on the blockchain that allows you to become a “resident of the world”.

See this review to get a better understanding of the Bitnation project.

Before you start…

We’ve put together a list of top cryptocurrency recommendations for our readers:

Click here to see our top cryptocurrency recommendations for 2018

What is Bitnation?

It is found online on Bitnation.co, is presented as a “holistic organization” that strives to establish a fully self-managed decentralized organization (DAO). “Holacratic” term implies that there are no aged management structures or blocks to passage. Anyone can join the platform or form a group, a “holon”. Groups can turn around for-profit organizations or not. These meetings can benefit from the help and tech infrastructure of the ICO Bitnation community. You can join a citizen online today or see a catalog of topics.

Bitnation was created in July 2014. Currently, there are a lot of people around the world. You can even visit Bitnation’s consulates and embassies around the world, incorporating an international safe haven located in a palace in Germany.

Image result for Bitnation ico

How does it work?

There are 4 main parts involved within Bitnation ecosystem. The most essential class is World Citizen, which is an accessible level for everyone. This is how each of the 4 meetings of the center cooperates with the platform:

Ally:

When you join Bitnation, you receive access to all groups, communities, visits and the newsroom. You may send directly on Facebook channels Bitnation and Twitter. The DAO urges people to end up with a random ally who “has an understanding to radically interrupt the world.”

Consulates and Embassies:

Consulates and Embassies are physical areas, such as someone’s house, cafeteria or office space, where Bitnation people can communicate. Embassies are where you might live and work, while a consultant is where you may organize a meeting or work, such as a mutual office area.

Ambassador:

The ambassadors are people specially prepared with the DAO Bitnation. There will be 3 kinds of Ambassadors, comprising of Goodwill Ambassadors (GA), Diplomatic Consuls (DC) and Diplomatic Ambassadors (DA). Originally, when Bitnation was built, there was an elite demonstration called the ambassadors. When the company moved to a CAD structure, this level was modified for the three previously registered positions. The platform was created in 2014. It is based on the Ethereum block chain.

Bitnation future

Finally, Bitnation prevails among individuals who are stored in a world without margins, where the subjects of the planet can move between the monetary structures to which they give the greatest confidence. Some refer them as “techno-libertarian.” Clearly, this is a design that aspires, and that could alter the entire basis of global administration. The current structure of the state of the country has not changed significantly since the sixteenth century and has been formalized since the beginning of the twentieth century. It is good to think that this structure could change considerably sooner rather than later.

Who is behind Bitnation?

The company has an interesting story. The Bitnation author, Susanne Tarkowski Tempelhof, father had been stateless for 10 years. As the blockchain technology developed in mid-2010, Susanne realized that it was possible to build a blockchain-based ID framework for the world. The platform was boosted in 2014. Originally, the platform only provided digital identifications. In October 2014, the platform had finished its initial blockchain wedding. Within the same month, they facilitated World Blockchain’s primary citizenship on the World Crypto Network (WCN).

Different points of reference integrate the introduction of primary land titles and birth authentications in the blockchain within April 2015, and an approach with the Estonian nation to present its open digital official for blockchain technology within the month of November 2015). Within April 2017, the Bitnation BRER program distinguished itself as truly worthy of interest after being one of the few winners of the 2017 UNESCO Grand Prize. Spotify Twitter and Airbnb, were among the first winners.

Conclusion of BitNation

Bitnation is a platform based on a unique block chain with a large number of people around the world. The platform permits anyone to finish a global issue. When you join the platform, at this point, enjoy the different advantages of Bitnation citizenship. Currently, the platform is evolving towards a decentralized autonomous organizational structure (DAO). It is based on the chain of Ethereum blocks. Bitnation has experienced a series of real turning points, including the registration of the main birth testament, the arrival of records and the official public administration opened in the blockchain.

Before you leave…

We’ve put together a list of top cryptocurrency recommendations for our readers:

Click here to see our top cryptocurrency recommendations for 2018

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