What is a Nation3 agreement
A Nation3 agreement is a contract between two or more parties that is regulated by the laws of the Nation3 jurisdiction. It's akin to a legal contract in a traditional jurisdiction.
In Nation3 agreements, each party enters the agreement with an amount of tokens (the collateral), which can be taken from them in case of breach to compensate the other parties in the agreement.
In case of misbehavior, any of the parties can open a dispute and the Nation3 courts will resolve the dispute and rule a fair outcome.