Crypto Investors Attempt to Buy a Private Island and Tokenize Its Ownership
Thanks to the innovative structure of the Crypto Island DAO and the power of crypto crowdfunding, it can come true that you co-own an island in the Bahamas using token ownership. This unique mode of ownership is never used at this scale, which makes it very attractive to many people in the crypto world. By making it very accessible, you can already participate by holding at least 1 DAO token.
The objective is Little Whale Cay in the Berry Islands. With an asking price of US$35 million and its 93 acres of land, it creates many opportunities for investors on this island. The first island will belong only to all participants of the Crypto Island group. Crypto Island now has over 22,000 members and many expect that number to grow in the coming months.
Members of the Crypto Island Dao community are eager to start life on Little Whale Cay. According to its Dutch founders, the encrypted island will be nothing like the world. It will provide various opportunities for its members to learn, work and enjoy life. Little Whale Cay will be run from the transaction fees that Crypto Island Dao charges on its own currency, Cisla. It is said that the co-owners will be free to visit the island and stay in a timeshare.
Cryptocurrency is currently metamorphosing into one of the most exciting technological breakthroughs since the invention of the internet. Crypto Island Dao is making strides to become one of the leaders in this new method of crowdfunding through cryptocurrency and buying something with a community of people.
Much like Little Whale Cay, community members will benefit immensely from staying and taking action when needed.
Crypto Island Dao was born after the huge success of ConstitutionDAO, where through crypto and online crowdfunding, a group of people tried to buy a page of the US constitution at an auction.
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