Latest update 22.12.2014

Bitnation started in July 2014 and is a Distributed Organisation (DO) incorporated on the Bitcoin blockchain. During the roughly five months since the start of Bitnation, beyond setting up the organization, creating crypto-equity and launching a crowdsale, Bitnation has accomplished a range of groundbreaking events, not only proving the technology, but also communicating a clear message to the world: you do not need monopolistic nation state governments to enjoy governance services. Read more below under ‘pilots’.

In tandem with building the organization, Bitnation has also advanced on the technology side, on multiple platforms (read more under ‘development updates’). However, our greatest achievement is in setting up a worldwide grassroots network of crypto entrepreneurs, our Ambassador Network, specifically in emerging and frontier markets, where Bitnation’s services are needed the most.

Thanks to everyone who have followed us along in this great adventure, and cheers to a better, voluntary future, created through peaceful solutions!

“Blockchains, Not Borders”

Bitnation Pilots

Development update

3rd Party Apps and DApps

Crowdsale update

Timeframes: The crowdsale was intended to start on October 10th, but it got delayed with a few days becuase vennd.io, the company providing the sales module to transfer BTC to XBNX, pulled out on the day of the launch without prior warning, due to fear of Australian regulations. Bitnation had to rebuild the sales module which took a few days, and even after it was rebuilt there were still quite a few transfer issues, beyond the standard CounterWallet bugs. Hence, because of the initial delays, we will postpone the end of the crowdsale until the end of the month, January 31st 2015.

The crowdsale is important because we want to avoid relying on a few powerful angel investors controlling the direction of Bitnation. It must remain a free and independent movement.

Price: The price is currently 0.05 USD per XBNX (roughly 8000 XBNX per BTC). By the end of the year we will increase it to 0.061 USD per XBNX as we’ll have met 4 of the 6 stated benchmarks.

Addresses:

The address currently linked to the account: 1Q6QnUx83BH4qKwAtm7qbZztxvWTtU7XEk

The multisig address where the funds are transferred: 3KS6AuQbZARSvqnaHoHfL1Xhm3bTLFAzoK

Recently CounterParty integrated multisig into their wallet, hence the address will change to transfer directly to the multisig in Q1 2015.

US Citizens/ Residents: The crowdsale is not open for US citizens or residents due to SEC regulations, however US citizens and residents can support Bitnation through donating to 1Q6QnUx83BH4qKwAtm7qbZztxvWTtU7XEk or through buying Bitnation t-shirts at https://bitnation.myshopify.com/ Every contribution is appreciated!

Non-Bitcoin holders who wish to invest without purchasing Bitcoins can contact info@bitnation.co to work out an alternative solution.

Organization update

Resources

All documents will be kept open for constructive community input until the end of the crowdsale. Please find links to the document, as well as other community resources below. We encourage the community to participate in our plans.

Documentation

Tutorials

World Citizenship Passport ID Google Slide Tutorial
Live Video Tutorial

Upcoming Tutorials Q1 2015

Social Media

Bounties

Selected media appearances

Meetups and events

In addition to countless appearances via Google Hangouts and Skype at local Bitcoin meetups and crypto shows, Bitnation has appeared live (or through a remote controlled robot) at following events:

Meetups

Events and Public Talks Q4 2014

Upcoming Events Q1 2015

To Liberty!

The Bitnation Team

info@bitnation.co

bitnation.co

RU

Source: bitnation-blog.com/latest-update-dec-22nd-2014

Nation