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Establishing a self sufficient, collectively owned autonomous island with circular economy.

Whitepaper

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About

A self sucient, collectively owned autonomous island would enable the cryptocurrency community to participate in a circular-economy. Crypto Island would have its own currency and a sustainable economy. Participants will obtain tokens that represent a proportionate share of Crypto Island ownership, where cryptographic tokens will serve as the Island’s offcial currency.

 

Economy

Crypto Island will use proceeds from selling goods and services to buy back XIT tokens from cryptocurrency exchanges. This strategy effectively results in taking tokens out of supply and increasing the value of XIT.

Token Holders

The proceeds of the Island sale in a potential event of liquidation will be distributed to respected holders of XIT. Tokens therefore have an intrinsic value backed by land. XIT token holders will enjoy the benefit of voting rights, directly impacting major decisions regarding Island’s governance, wehere Island will conduct business in line with both investors interests for profits and Island’s vision.

Benefits

REAL ESTATE ASSET

The value of XIT tokens will appreciate with the constant growth of real estate prices in the region.

BACKED BY LAND

The amount of XIT tokens held by investors represents a proportionate ownership of the Island.

VOTING RIGHTS

XIT holders will utilize blockchain technology to anonymously vote on major decisions, directly impacting the governance of the Island.

REVENUE MODEL

The Island will conduct business in line with investors for profits and island’s vision based on it’s revenue model.

BUY - BACKS

Crypto Island will use proceeds from its services to buy back XIT tokens from cryptocurrency exchanges, resulting in higher value of XIT.

CIRCULAR ECONOMY

The Island will have it’s own, closed, circular economy where only cryptocurrencies will be accepted and traded.

Coming Soon!

Crowdsale Structure

What is the XIT token: Crypto Island Token represents a proportionate share of Island's ownership.
Symbol: XIT
Initial Rate: 100 tokens = 1 USD
Total Supply: Depends on money raised during crowdfunding campaign
Emission Rate: No new tokens will be created after crowdfunding campaign
Accepted currencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Ethereum Classic (ETC)
Minimum Goal: 800.000 USD
Maximum Goal: No Cap
Sale starts: Will Be Announced Soon
Sale ends: Will Be Announced Soon

Token Distribution

Distributed To Contributors (40%)
Future Development (25%)
Team (25%)
Bounties (10%)

Team Info Coming Soon!

Vision

Establishing a self sufficient, collectively owned autonomous island will enable the cryptocurrency community to participate in a circular-economy while strengthening the position of cryptocurrency with real world implications.

Crypto Island will serve as the world’s go-to meeting place for most prominent cryptocurrency gatherings, leaving a mark in history books. Should the Island be a successful and profitable experiment with a thriving ecosystem, a worldwide expansion will follow with the goal of establishing new cryptocurrency hubs, crypto experiments and crypto start up accelerators.