Satoshi Island: A Paradise for All Crypto Connoisseurs

“Modular development is the future of city-building. Instead of decades, they will be completed within a few short years  – James Law, 2010

Is the future here already?

The emerging economy of Satoshi Island roots for it! Touted as the first Bitcoin economy globally, the tiny island in Oceania is living up to its colossal promise of creating a haven for all crypto connoisseurs.

This Bitcoin-based destination is all set to welcome crypto investors from across the globe to their new homes in 2023.

One of the fascinating things about Satoshi Island is that anything over there can be bought using cryptocurrencies and NFTs. Operating on a decentralised financial network, no actual money will be involved in any of its transactions. Offering a variety of innovative residential properties, office spaces and smart homes, it invites all to transform their digital assets into a physical one without spending a penny from their bank.

Without further ado, let’s get a rundown of the breezy techy Satoshi Island and how you can be a part of their crypto community.

About Satoshi Island: The New Abode for All Crypto Investors

Named after Bitcoin’s founder, Satoshi Nakamoto, the 32 million square foot private island is owned by Satoshi Island Holdings Limited. After years of preparation, the builder of Satoshi Island has finally received a green signal from the Vanuatu Prime Minister and Minister of Finance to build this crypto paradise. The island is now ready to be brought into a real-world crypto economy and blockchain-based democracy.

Tucked between Australia and Fiji, it nestles in the South Pacific country of Vanuatu in Oceania. People can access this place by taking a direct flight from Australia, Asia, the West Coast of the US and Canada.

Operating on a decentralised financial system, the island will have a mix of resort-style villas and smart homes built for both vacationing and permanent stays. The place will also have offices for those who want to work from the island.

Island Design and Development

The world-renowned architectural firm James Law Cybertecture has taken up the master planning and development process of the island and has created its sustainable smart building plan known as The Satoshi Island Module.

A promotional video of the island was released recently in which the narrator detailed how anyone can acquire a piece of the land on it through the availability of an NFT collection built from 2,100 uniquely identified blocks of land.

Each block is large enough to construct a home on. Besides, multiple block holders can merge adjoining NFTs to build larger blocks that can accommodate expansive homes, apartment complexes or commercial spaces.

The construction of modules will be done offsite and then shipped to the island, where they will be assembled.

Critical Timelines

Here are some of the critical timelines associated with the construction and opening of Satoshi Island:

Satoshi Island Manufacturing Module Phase 1- Q2 2022

The crypto paradise will authorise Satoshi Island Modules’ first batch to create short stay accommodation, due for delivery in the third quarter of 2022. The factory is currently awaiting guidelines to begin the manufacturing process. Moreover, with a current supply potential of about 200 modules each month, the island will surely start taking shape quickly and efficiently.

Physical Island Development Q2 2022

The South Wing will be the first segment to be constructed and developed. This will begin with complete preparation for the arrival of the first pieces of the Satoshi Island Modules.

Satoshi Island Module Availability Q2 2022

In the second quarter of 2022, owners of Land NFTs may be able to start buying modules and designing their abodes and apartment complexes on the island. The price of those modules will start from US$60,000.

More About :- NFT Tokens

Satoshi Island Module Manufacturing Phase 2

In phase 2, the construction of Satoshi Island Modules will be done based on the orders received from Land NFT owners. These modules will join the production line and be delivered within 4 to 6 months of the first orders.

Modular Construction Phase 1

Phase 1 of the Satoshi Island Module construction will be completed in the third quarter of 2022. Built offsite, as soon as the construction is finished, the first Module of Satoshi Island will arrive to accommodate short-stay visitors.

Private Opening (Q4 2022)

The private opening is planned for quarter four of 2022. It shall open to holders of Citizenship NFTs desirous of visiting the island for short periods.

Public Opening (Q1 2023)

The module and infrastructure installation on at least one area of the island should be complete by the first quarter of 2023. On completion, homeowners will be able to start living in the crypto paradise or renting out their properties to long and short-stay visitors.

How Expensive is Citizenship on Bitcoin Island?

Multiple sources have revealed that residential properties on the island will go on sale from the second quarter of 2022 at a starting price of $60,000, while plans for completing the rest of the modules for short-stay visitors are slated for the next quarter. 

Crypto investors can acquire permanent citizenship worth US$130,000 in the form of Non-Fungible Tokens (NFTs). Being an island functioning primarily on digital currency, all financial transactions associated with the sale and purchase of villas, smart homes and offices will be done in cryptocurrencies.

As per multiple sources, around 50,000 crypto investors have already applied to be permanent residents in the Bitcoin-based destination. When the island is ready to move in, it will be allotted to 21,000 crypto residents.

So, the race is on.  

Read More About :- Bitcoin

An Exciting Opportunity to Turn Your Crypto into a Physical Asset

The very first Satoshi Island NFTs are now being released via free airdrop to its early supporters. These non-fungible tokens offer exclusive benefits and rights to holders, such as early access to Land NFT mints, opportunities to live on the island, future airdrops, and much more.

The new crypto paradise is also rendering you a home to live in as well as a chance of a lifetime to turn your crypto assets into physical ones. How? Let us comprehend it with the help of an example.

Suppose you hold Bitcoin worth US$200K in the crypto wallet. Obviously, you invested ample money to buy them. But it’s of no worth if you can’t use or spend it.

However, Satoshi Island helps you to turn your crypto into a physical asset by investing it in real property on the island. Home buying is a major concern and lifelong desire for many. But, just imagine, by investing just US$ 130K as cryptocurrency, you can easily buy a home on Satoshi Island for real.

And you can use it in any way you want. After purchasing your property on the island, you can rent it out, lease it, or simply enjoy it, savouring its beautiful, serene and tech-backed view.

If your crypto reserve exceeds more than US$130K on Satoshi Island, you are a rich man. So, crypto enthusiasts, get ready for some tangible real-time investment offering you the returns of a lifetime. 

Read About :- Metaverse Realestate

How will the Island Serve the Crypto Community?

Constructed with the intent to bring together thousands of crypto enthusiasts and professionals worldwide, Satoshi Island is poised to be the crypto capital of the world.

Life on the Bitcoin island will be an exceptional experience, rendering the crypto community a way to work and live amongst like-minded people.

Whether you are an individual, a company, or a crypto event organiser, you will be well served here. Let’s check out how below.

Individuals

If you are an individual entity, you can buy a piece of Satoshi Island by purchasing Land NFTs. You can own a whole block and build a property for yourself or put it out for rentals. You can also buy a property with other investors and later decide together on what to do with the block.

Crypto Projects

Satoshi Island has a significant amount of land dedicated to projects for those willing to set up a base on the island. Companies of different sizes can set up their offices as the Island has reserved co-working spaces to suit start-ups. In fact, large projects can use entire campuses to build company retreats, satellite offices, and even permanent headquarters. Again, whatever the companies plan to build, ultimately, their cryptocurrency is converted into a physical asset when they buy a property or office on the Island.

Blockchain Events

Satoshi Island would be the perfect destination for conducting blockchain events. The Island holds plentiful space to host them. Organisers who want to make Satoshi Island their venue of choice will avail enormous benefits from the targeted community at their doorstep. Whether it’s an existing event or a new one, Satoshi Island will render a setting like no other.

An Economy of the Future to Vouch for

What better way to convert stockholding than transform it into an entire island? That’s precisely the path Satoshi Island Holdings Limited followed.

The entire holdings were used to buy a complete island in Vanuatu known as Satoshi Island. A first of its kind worldwide, the Island not only flaunts futuristic and rich architecture but offers exceptional purchasing opportunities to turn digital assets into physical ones.

Now, the cost of its citizenship and even taking a trip to the island would seem prodigal in US dollars. However, if you have been holding up to your Bitcoin investments for the long haul, you might have purchased those cryptocurrencies at much lower price than today. With your physical currencies intact in the bank, that’s a significant saving.

All in all, Satoshi Island plans to serve the crypto community in several ways. From opening the island up for events and networking to providing a base to develop and launch crypto projects, it stands true to its reputation as a haven for digital currency enthusiasts and investors.

Long story short, Satoshi Island will be the first Bitcoin Island that will actually allow you to turn your digital asset into the one that is luxurious and exists in the real world!