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288.25 Karma

Review on Bitnation by gregori cordova

Revainrating 1 out of 5

A totally crazy project, which fortunately has not been able to take off

This is one of the most controversial projects aimed at a particular audience in recent years. It defends the idea of a world without borders, where all its citizens can govern themselves, and where their cryptocurrency Xpat would be used to carry out any transaction. Within this new architecture, a kind of freedom was offered, which fans of conspiracies and virtual reality would surely love.
Behind this idea is its creator Susane Tarkowski who considers democracy to be a failed state and therefore reflects his interest in creating a digital world. When the project was launched, they published on their website that they were looking for a series of volunteers around the world to be ambassadors for bination, who would have the task of spreading the word about the project on social media and being rewarded for it, but soon a lot of controversial because apparently those selected were fans of radical groups, separatist movements and anarchists
The idea is a bit ridiculous, since in it the ambassadors promote the idea that governments will give a step to virtual nations so that citizens can govern themselves. pretending to register a nation on a blockchain will make it real, it is something totally unusual. something even crazier is that they made an alliance with a group called B-Umbrella, which would be in charge of providing security forces services for the new inhabitants of the digital city bination. At the beginning of the project the idea seemed to be interesting, but everything seems to be a joke very similar to when dogecoin was launched, with the difference that this project has not been as successful as Dogecoin has had
The Xpat token is mostly controlled by its creators, and in their ico in 2018 they said there were a total of 42 billion tokens. the project has not been able to take off, and its cryptocurrency is totally devalued.

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Pros
  • nothing positive to add
Cons
  • There is a lot of false information about the project on their website, such as interviews that have never been conducted
  • They have links on their website to download the application called pangea, but they don't work
  • It is a very controversial project, with radical users and supremacists around the world
  • Their social networks have been inactive for 1 year
  • Their White paper leaves many doubts and is very poorly written
  • Its daily market volume is zero since there is no movement of that currency in any Exchange

Comments (1)

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February 03, 2021
The project was abandoned, but can it return like many others? I do not think it will benefit users when it returns. We really agree, and it seems risky to be a user of this project. Good luck deaf author