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The World’s First Project To Buy And Decentralize A Private Island, Crypto Island, Has Been Incorporated.
Crypto Island, a community-driven blockchain initiative, is providing investors and crypto enthusiasts the opportunity to co-own the world’s first decentralized private island.
Crypto Island’s long-awaited incorporation took place this week, with its freshly established legal framework prepared to go live. In further detail, Crypto Island will establish Crypto Island Group Incorporated as a legally separate business. This firm will act as the token issuer under a complicated company structure that has been put up to enable the tokenization of the island’s ownership.
Crypto Island is the first effort to build up a corporate structure that allows for the true use of a working method of tokenizing real estate. Crypto Island is one step closer to achieving their aim of owning the first decentralized private island as a result of this incorporation.
Dan Bouwer, one of the founders and current CEO of Crypto Island, is overjoyed with the news and believes it will propel the notion of a cryptocurrency-based community to new heights.
“We’re ecstatic to report that we’ve discovered a means to make decentralized living a reality!” With this, we will be recognized across the world as a legitimate firm…