What is Satoshi Island
Satoshi Island is a 32 million square foot private island in Vanuatu's tropical paradise, nestled between Australia and Fiji. Satoshi Island Holdings Limited owns the island, which is intended to become a home for crypto professionals and enthusiasts, with the goal of becoming the world's crypto capital. Satoshi Island is now ready to be developed into a real-world crypto economy and blockchain-based democracy after years of preparation, a green light from Vanuatu's Prime Minister and Minister of Finance, and all approvals in place.
The island is located in Vanuatu, a South Pacific country that is a member of the United Nations. The government encourages innovation and has crypto-friendly laws, which was the first checkpoint in selecting Vanuatu as the home of Satoshi Island.
The island's development is being done with sustainability in mind, and 100% of the energy required will be self-generated using renewable methods.
 |
| How to buy Satoshi Island Coin? |
Advanced NFT Security
Because Satoshi Island is a real place and what holders do with their NFTs affects the island's future, owning a Satoshi Island NFT necessitates a level of responsibility that is not typically associated with NFT ownership. With this in mind, Satoshi Island NFTs include additional security features to help keep them in the hands of the right people in the event of unforeseen circumstances.
Non-Fungible Property Tokens (NFPT)
Satoshi Island is advancing the evolution of NFTs by introducing a method to convert digital ownership to physical ownership. Anyone can own a piece of the island by purchasing Satoshi Island Land NFTs, which can be bought and sold without the complications associated with traditional real estate transfers.
Satoshi Island Citizenship NFTs
Satoshi Island Citizenship is the ultimate NFT for any Satoshi Islander aspirant. It grants the holder exclusive benefits such as the ability to live and work on the island, first access to mints and airdrops, advanced NFT security, and much more.
What is Satoshi Island Coin (STC)?
Satoshi Island Coin (STC) is the monetary unit that drives the Satoshi Island economy. STC, like a country's currency, will be required for all commerce on the island and transactions through the Satoshi Island Marketplace. Unlike traditional governments, which have centralized control over their monetary policy and the ability to inflate the supply of their currency, Satoshi Island is run as a DAO by Satoshi Island Citizens and has a fixed supply.
About Satoshi Island DAO
Legally recognized as a decentralized autonomous organization, Satoshi Island DAO LLC is a nonprofit organization. As the sole shareholder of Satoshi Island Holdings Limited, which holds the leasehold on Satoshi Island, the DAO has complete control over the island's future.
Since it is non-profit, Satoshi Island DAO will use all revenue sources and levies it operates or enacts to expand and support the island's economy. From all NFT royalties revenue, the DAO will also hold reserve currencies in various cryptocurrencies. These currencies will be held, converted to stable coins, or used to restock the Satoshi Island Coin reserves by purchasing tokens on the open market.
NFT Marketplace Economy
All NFTs after the initial land NFT will require the token to buy and sell, and the Satoshi Island Marketplace will run exclusively on STC.
NFTs for commercial land (Required for any business)
College Land NFTs (21 largest blocks surrounding Bitcoin Park)
Citizenship NFTs are necessary to enter, occupy, or construct on the island.
License-based NFS for all (Project, Business, Entertainment etc)
Token Distribtion
How to buy Satoshi Island Coin
-We register on the Huobi exchange.-
How to Register at Huobi Global?
On the page that appears, merely type the necessary data. Once you have successfully entered your "nationality, e-mail address, password, and password verification" information, you can finish the registration process by clicking the link in the confirmation email that has been sent to your inbox.
Huobi Global KYC Verification
For all bitcoin exchanges, KYC verification is necessary. The truth is that exchanges that do not demand KYC verification should be avoided, despite the fact that this may raise questions in the eyes of some. Because identity verification makes it impossible for someone to open an account on the user's behalf.
You must log in to the website and upload the required papers after you confirm the verification email Huobi Global gave to you after registering. You will finish the registration procedure once you have uploaded the front and back of your ID as well as the selfie document.
How to Transfer Money to Huobi Global?
You can now move on to the deposit process after finishing the Huobi Global registration process. On the home page, select the "Fiat trading" tab to make a credit card payment.
Simply paste the wallet code you will be given into the "wallet code" requested section after selecting the appropriate cryptocurrency on the exchange you will transfer to in order to transfer funds from another exchange to Huobi. To do this, navigate to the "wallet" section and select the cryptocurrency you wish to transfer.
Attention!
Choose "TRC20" rather than "ERC20" in the "network selection" section if you are sending Tether (USDT) to Huobi Global from Binance or another exchange. The transfer charge will be substantially greater if you select ERC20. You will, however, have to pay a charge of 1 USDT if you select ERC20. Of course, do not forget to do this on Huobi Global by selecting the TRC20 network.
You can check it out if you are curious and for more
No comments: