London Times

London Times

Cryptocurrency

Crypto Paradise: Blockchain Aficionados Plan for Metropolis

Crypto Paradise: Blockchain Aficionados Plan for Metropolis

By sweN TR

 

A 800-acre island belonging to Vanuatu is to be developed “into a real-world crypto economy and blockchain based democracy” by a company called Satoshi Island Limited.

The island is named after Bitcoin creator Satoshi Nakamoto and features a cryptocurrency-based economy and NFT ownership of assets and rights.

Anyone can purchase a NFT-spot on the island, but the offer is limited – only 21,000 inhabitants are allowed in.

 

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