Living on a tropical islandcompletely with cryptocurrencies A world where you can trade sounds very utopian, right?
belonging to the Republic of Vanuatu Satoshi Island By making this utopia a reality, it aims to offer its residents a luxurious and futuristic life in which digital resources are fully utilized.
The island’s name comes from Satoshi Nakamoto, the founder of Bitcoin.

The first step of Satoshi Island, a small island belonging to the Republic of Vanuatu, in 2021 It was launched by a group of investors who are the pioneers of the cryptocurrency world.
Investors of the Prime Minister of Vanuatu to ‘colonize’ the island It is known that he obtained legal permission and then officially launched the project
Although it has been announced that the island’s public opening date is planned to be 2023. There is no development in this area yet.
On the contrary, the only permanent resident of the island is the head of the project’s operations. Denys Trojak It is said to be so.
Satoshi Island is intended to become a settlement built entirely on digital technologies.
Construction on the island has started, but the materials needed for construction have not yet been transported to the island. delay the project It is said that this is the main reason.
To live on Satoshi Island, you need a cryptocurrency wallet It is necessary to own property It is stated.
Homes can be purchased with fully digital title deeds and are eligible for citizenship. A digital passport in NFT format It is mentioned that it will be presented.
on the island Everything is paid for with cryptocurrencyIt is stated that the project will serve not only as a living space, but also as a laboratory to test the use of cryptocurrencies in the real world.
Satoshi Island is also intended to be a tax haven.

In this way, the island has great potential for cryptocurrency investors and companies interested in blockchain projects. a center of attraction It is meant to be.
from the island STC (Satoshi Island Token) It also has its own cryptocurrency called . The intention is to use this currency for transactions within the island.
In summary, it seems that we will see more clearly the fate of this project, which currently seems uncertain and is trying to create a cryptocurrency utopia, once it is completed.
Finally, “It’s not investment advice!” Let us remind you that this content is not investment advice and end our content.
Source: ABC News, Protoss
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