Start sale of VAR tokens to finance island-state project

The first artificial island to become an autonomous nation-state would be ready by 2022, and for the time being it has begun selling the cryptocurrency destined to finance the project in the future.

This project, supported by Peter Theil; Multimillionario founder of PayPal is planned to develop a city-state with 300 houses and some commercial buildings such as hotels and restaurants, and would be located near Tahiti in the Pacific Ocean. It would also be developed in collaboration with a couple of non-profit organizations: the Seasteading Institute and the Blue Frontiers.

In addition, the cryptocurrency destined to finance this Project, Varyon; It was released to the market today at the investor level. "Varyon (VAR) will be required to purchase seasteds, portions of seasted property and residence of seasted in Blue Frontiers, and pre-sale is available today for the first 4,000 ETH with 5 to 15% bonuses. The public sale has not yet scheduled date. "

The public sale of this token will be divided into several aspects of project development, including design and engineering; growth of the community and administrative needs in general.

Likewise, the sale of properties, stocks, products or any service from Blue Frontiers will be made through the Varyon token. Varyon describes this token as "an easy exchange token" with one billion units issued. In addition, it would only be interchangeable through Blue Frontiers.

The construction of this island will begin next year after signing an agreement with French Polynesia last year. In addition, the design of the colony - which is shaped like a fishing hook - was created to deal with climate change in the region.

"The residents of the island will be free from fluctuating geopolitical influences and this nation will one day be able to give shelter to refugees displaced by climate change," the foundation said.