What is Crypto Island?
Crypto Island (CISLA) is a unique blockchain-based token that was launched on August 21, 2021, by an international team of entrepreneurs. The token is community-driven, and its purpose is to buy a private island which will be co-owned by its holders to operate as a fully decentralized island. This is a revolutionary concept that aims to bring the digital and physical world closer together, with the island serving as the hub and getaway resort. CISLA is not just a token, but it is also the one and only payment method on the island as well as purchases on the website and community app.
The community app will play a significant role in communication on and off the island. It will function as the system and ledger for the island and its financials. A special voting system will be integrated into the app where people will receive points based on their activity in the community and their willingness to help other community members. With these points, they'll receive voting rights in all the decision-making regarding the further development of this project.
What sets Crypto Island apart from other blockchain-based tokens is its community-driven approach. Every development will be guided by the community's choices, and the unique voting structure makes it fully decentralized, creating a completely new kind of ecosystem. The purchase of a real private island as the pillar of this project will lessen the gap between the digital and physical world, offering all the benefits that the blockchain and decentralization have to offer.
Currently, there are 513,121,942,535 tokens circulating, and 1 trillion tokens were created during the launch of Crypto Island. Approximately 250,000,000,000 tokens, or 25% of the total supply, were burned during the initial launch. Each sale of CISLA is associated with a ten percent tax, which is redistributed to the following:
• 3% for the purchase of the island. • 3% redistributed to the liquidity pool (LP). • 2% for all marketing activities. • 2% as a holder's reward.
The founding members of Crypto Island are Dan Bouwer (CEO), Mika Mavinehir (CFO), Lena Shevchuk (CDO), and Linda Satter (COO), according to cryptoisland.group. Mr. Bouwer is a serial entrepreneur with over 10 years of expertise in the automotive industry and is an avid investor in the cryptocurrency space. Mr. Mavinehir is a CFO with over five years of experience and excels in financial restructuring and fundraising. Ms. Shevchuk is an entrepreneur with over seven years of experience in designing for clients such as Heineken, ASML, and many more. Finally, Ms. Satter is an operations specialist with over six years of experience and is an avid investor in cryptocurrencies and NFTs.
In conclusion, Crypto Island (CISLA) is a unique community-driven blockchain-based token that is set to revolutionize the way people interact with each other in the digital and physical world. The purchase of a private island as the pillar of this project is a remarkable step towards creating a fully decentralized island that is owned and operated by its holders. The future of Crypto Island looks bright, and it will be interesting to see how this project develops and what other innovations it brings to the blockchain industry.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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