Let's Buy an Island

The world's first crowdfunded private island

1 follower

The world's first crowdfunded private island

1 follower

A group of travel junkies have pooled resources and are preparing to purchase a private island to develop for ecotourism. It's a dream I think many people have had but these guys are actually making it happen allowing people to purchase a share of the island

Launch tags:Crowdfunding

Launch Team

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Promoted

What will happen to investors' money if you don't raise enough to buy an island?

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6yr ago

@beverley_kirwan Excellent question

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6yr ago

Let's Buy an Island

Maker

@beverley_kirwan We already have enough money to buy an island! We are trying to raise more to buy a better island and have some funds to develop the island also.

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6yr ago

Cool idea! Why not put the shares, voting rights and the charter on blockchain? :D

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6yr ago

Let's Buy an Island

Maker

@themohitmadan We are always looking into new platforms and are looking into this. We accept bitcoin for share purchases.

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6yr ago

@jodiehill Awesome! By using blockchain you can setup an internal economy, have transparent voting, raise funds and much more. :)

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6yr ago

Sounds amazing. What is the plan once the island is purchased?

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6yr ago

Let's Buy an Island

Maker

@stephen_rice We have business plans for all of our island short list, so this will largely depend on the island we select. We plan to have something basic up and running ASAP so we can generate some revenue immediately (e.g. glamping) with something better to follow.

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6yr ago

Capchase Expense Financing

Cool idea! Are you aware that Islandia is Iceland in Spanish?

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6yr ago

Let's Buy an Island

Maker

@ignacio_guli_moreno Yes, but Islandia is our working title only. We will approach our shareholders for ideas of names and hold a vote between shareholders once we have selected an island. We established a working title only as we expect that the location and features of the island may inspire some creative naming ideas!

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6yr ago

Capchase Expense Financing

@jodiehill Awesome!!

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6yr ago

Let's Buy an Island

Maker

@ignacio_guli_moreno All ideas welcome too!

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6yr ago

Are there any islands already being considered?

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6yr ago

Let's Buy an Island

Maker

@troy_collings Yes, if you have a look at our website you will see blog reports of islands that we have visited, and then our shortlist of finalists.

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6yr ago

Can any nationality sign up?

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6yr ago

@bing_carullo Yes! And I'd love to know how many nationalities are already a part of this project!

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6yr ago

Let's Buy an Island

Maker

@bing_carullo @mathew_george_martin We are a diverse bunch. We currently have our concept translated into a number of languages in our blogs section!

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6yr ago

@bing_carullo @mathew_george_martin more than 25 nations represented !

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6yr ago

Sovereignty is not the same as ownership. What are governments and more importantly locals who may have traditional/undocumented expectations about island use saying about your plan to offer citizenship? How are you ensuring this isn't just colonialism 2.0?

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6yr ago

Let's Buy an Island

Maker

@rob_tigeir Hi Rob. The micronation aspect is a bit of fun and a way to generate revenue. We will of course respect the laws, customs and people of our host nation. We are looking to create our own "laws" where these enhance the island. For example, we could have a law against single use plastic. In terms of citizenship, this is a great way for people to support our project without having to buy a full share if this isn't what they want. Being a citizen of our "nation" enables people to be involved and kept up to date with our exciting project. Let me know if you have any other questions!

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6yr ago

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