Pangea Arbitration Token (Bitnation) price is $0.00000000
As of latest data, the price of the Pangea Arbitration Token (XPAT) is $ 0.00000000.
Pangea Arbitration Token, also known as XPAT, is the native cryptocurrency token of the Bitnation platform, which is an internet-based decentralized autonomous organization (DAO). It is used within the Bitnation ecosystem as a representation of reputation.
Pangea Arbitration Token (XPAT) is born out of the Bitnation project, a global virtual nation aimed at providing the same services that a normal government does, but on the blockchain. It's aimed at offering a decentralized voluntary nation, borderless and not bound by geography. The Bitnation project was founded by Susanne Tarkowski Tempelhof.
Within the Bitnation ecosystem, Pangea Arbitration Tokens (XPAT) function as a representation of the reputational scores of the citizens. They are non-transferable which means they aren't used as a medium of exchange but rather to portray reputation within the platform.
Bitnation users earn XPAT tokens for creating contracts, completing contracts, resolving disputes as an arbitrator, and when they successfully complete these tasks, their earned XPAT allows them to gain reputation in the Bitnation ecosystem.
By using reputation as a token, Bitnation aims to incentivize good behavior and discourage malicious activities on its platform.
Just like any other platforms running on blockchain technology, Bitnation provides a secure, immutable and transparent system for peer-to-peer transaction, contracts and operation.
All transactions, contracts, and records are stored on the blockchain, offering the same level of security as a classic blockchain which is computationally impractical to alter, therefore helping to prevent fraud and unauthorized activities.
As of the latest information available, there are 33.9B XPAT tokens in circulation.
The total maximum supply is 42.0B XPAT tokens. The tokens that aren't yet in circulation will be introduced to the system as the network grows and more users contribute to the platform.
XPAT is traded on a number of exchanges, some of which include . Remember to do your due diligence before choosing to trade on a crypto exchange.
To safely store your XPAT tokens, you'll need a wallet that supports ERC-20, since XPAT is an ERC-20 token on the Ethereum blockchain. There are variety of options available in terms of ERC-20 compatible wallets such as hardware wallets, software wallets, and mobile wallets.
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