ADDING MULTIMEDIA Satoshi Island, a real crypto paradise of the world, is launched

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Private South Pacific Island to be Crypto Capital of the World

SATOSHI ISLAND, Vanuatu, December 17, 2021 – (BUSINESS WIRE) – After two years of preparation for launch, Satoshi Island, the private, crypto-focused island, officially went public today. Satoshi Island Limited, which owns the entire 32 million square foot South Pacific island, is allowed to move forward with its plan to transform it into the cryptocurrency capital of the world. With favorable laws, government backing, and all the necessary approvals to embark on development, the tropical island paradise is designed with crypto ethics in mind. Satoshi Island will become the first real-world crypto economy, decentralized democracy, and also have real estate and licenses all represented by non-fungible tokens (NFTs).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211216005311/en/

Launch of Satoshi Island, a true crypto paradise of the world (Photo: Business Wire)

“Living, working and visiting Satoshi Island will be an experience like no other. The tech industry in Silicon Valley, the entertainment industry in Los Angeles and soon the crypto community will have its own mecca,” he said. said James Law, director of James Law. Cybertecture and chief architect of Satoshi Island.

The first stage of development has already been completed. It features traditional island-style villas that serve as a check-in area and a relaxation center where visitors can relax before exploring the entire island. The rest of the island thrives with state-of-the-art modular homes and offices designed and built by James Law Cybertecture. Modular smart homes called “Satoshi Island Modules” are built off-site and shipped to the island ready to move into. With a current production capacity of around 200 modules per month, coupled with a rapid installation process, Satoshi Island plans to accommodate the first inhabitants of Satoshi Island by the fourth quarter of 2022.

The story continues

An evolution of NFTs

Satoshi Island takes a new step in the evolution of NFTs by introducing a way to turn digital property into physical property. Anyone can own a piece of the island by acquiring Satoshi Island Land NFTs which give holders the same rights as a physical land title. NFT land owners can develop their property with private homes or apartment complexes and choose to reside there or rent them out to other aspiring Satoshi Islanders. NFTs can be bought and sold easily, without any of the complications associated with transferring traditional real estate, but for those who would prefer a more traditional form of ownership, NFTs can be converted into a new type of token, called the Property Token. non-fungible (NFPT). Once converted from NFT to NFPT, Satoshi Island Limited will help the holder transform their digital rights into physical documentation on the official land registrar of Vanuatu. Although the NFPT was designed for use on Satoshi Island, the technology and intellectual property associated with this process will be available free of charge, under an open source license, to private companies or governments who see merit in its application. .

A metaverse reflected in reality

Although Satoshi Island is a real place, there is also a Satoshi Island metaverse giving everyone the opportunity to explore a virtual replica of the island where they can observe the development progress on the island. real. Landowners can also use this virtual version of the island to design their homes online before finalizing their constructions in the real world.

Decentralized democracy in the real world

The island of Satoshi will be ruled by its inhabitants in a true democracy built on the blockchain. People’s representatives will be elected in a fair and transparent manner and all inhabitants of Satoshi Island will have the opportunity to express themselves. One NFT, one voice.

About Satoshi Island

Satoshi Island is a 32 million square foot private island developing to become home to crypto professionals and enthusiasts around the world. The island is fully endorsed to become the first real-world crypto economy and blockchain-based democracy. Satoshi Island recognizes crypto as its proprietary form of currency and has millions of square feet of residential and commercial land represented by non-fungible tokens (NFTs). The island, which is owned by Satoshi Island Limited, is located in the South Pacific country of Vanuatu, neighboring the popular tourist destination, Fiji. With favorable laws supporting innovation and new technologies, the crypto-centric island is now welcoming individuals and companies from the crypto industry to join the first wave of Satoshi Islanders.

For more information on terrestrial NFTs, residency and tourism, visit www.Satoshi-Island.com.

Twitter: @SatoshiIsland

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211216005311/en/

Contacts

Stephen Moodie Media Specialist, [email protected] (862) 266-6032

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