First Ever Real-World Crypto Economy to Become Crypto Capital of the World

Announcements, Blockchain, News | December 20, 2021 By:

After two years of planning, Satoshi Island, a sustainable smart city that will be the first real-world crypto economy, officially went public.

Satoshi Island, a 32 million sq. ft. private island located in the South Pacific country of Vanuatu, aims to be the cryptocurrency capital of the world and will be a decentralized democracy with real estate and licenses all represented by non-fungible tokens (NFTs).

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

The first stage of development has already been completed. It includes traditional island-style villas which serve as a check-in area and a relaxation center where visitors can unwind before exploring the entirety of the island. The remainder of the island is being developed with ultra-modern modular homes and offices designed and built by James Law Cybertecture. The modular smart homes called “Satoshi Island Modules” are built offsite and are shipped to the island move-in-ready. With a current production ability of around 200 modules per month, coupled with the rapid installation process, Satoshi Island expects to welcome the first Satoshi Islanders by Q4 of 2022.

Satoshi Island will be governed by its residents in a true democracy built on the blockchain. Representatives of the people will be elected fairly and transparently and all Satoshi Islanders will get a chance to have their say. One NFT, One Vote.