Sunday, June 10, 2018

Blue-frontiers: Floating Islands with Unique Governance



Seasteading the concept of creating permanent residence at sea.

Due to lack of innovation in governance systems and loss of land and homes due to rising seas and a shortage of real estate in coastal areas.

It was founded by the executive team and ambassadors of The Seasteading Institute

Seasteads:

Seasteads are mobile floating homes, businesses, and community spaces that can be moved and reconfigured in relation to other seasteads

Seasteading brings decentralization into the world of atoms by providing modular, floating structures

SeaZones:

SeaZones are Special Economic Zones at sea. SeaZones will create legal and regulatory environments within the territorial waters of host nations, granting seasteaders substantial flexibility or exemptions in fiscal, customs, labour, permits, and other select regulatory matters

Varyon token:

Varyon is the token for exchange in the Blue Frontiers ecosystem. It is exclusively providing goods and services in exchange for Varyon. And, services like business registration, administrative services, utility services, transportation, shipping, service industry activities can also be done with it.
They have team of designers and engineers who are developing floating platforms to adopt climate change.

They have already signed MOU in 2017 for French Polynesia.
French Polynesia was chosen as a location for the pilot project for many reasons including the very low likelihood for hurricanes/cyclone. It is near to equator line it reduces the risks of cyclones.

Future of Seasteading:

Experimental:

It gives freedom to individuals to create or join their own communities. And it creates freedom from busy life
Connected:

High speed internet is imminent. This technology will allow seasteaders to stay connected to the decentralized world from remote locations.
Independent:

It gives freedom to optout of government. Seasteaders can employ the sharing economies where many goods are available under subscription model.

Beyond Sustainable:

By living on the seas, humans will have a strong incentive to stop treating them as hunting grounds and ocean highways for super tankers, and start taking better care of them. The seasteads are designed to attract and revive coral and marine life habitats.

Token metrics:

Token: VAR
Soft cap - 5Mn USD
Hard cap: 15mn USD
1 ETH = 14,750 VAR
Distribution
4-28%- Public sale
7-8% Presale
5-6% Blue Frontiers seed funders
10-15% Blue Frontiers team
45-72% Seastead/SeaZone Construction, Development, Administration
Team:

Randy Hencken: Founder

Director at The Seasteading Institute since 2011, creator and leader of the” The Seasteading Institute’s” Floating City Project; Real estate investor, business investor, early Bitcoin, Ethereum and altcoin adopter, philanthropic trustee.

Joe Quirk: co-founder

President and Seavangelist of The Seasteading Institute; Co-author with Patri Friedman of Seasteading: How Floating Nations Will Restore the Environment, Enrich the Poor, Cure the Sick, and Liberate Humanity from Politicians.

Marc Collins-Co Founder

Serial entrepreneur and former politician. Over the past 20 years, Collins founded and incubated more than a dozen companies. He also served as the Minister of Tourism of French Polynesia in 2007-2008
Verdict:

Pros:

Core team has prior experience in Seasteading.
Advisory team is strong
French Polynesia projects is started.
Partnered with 30 companies
Road map is clear

Cons:

Currently they don’t have MVP
Very low social media coverage

Links:


Author: Cristina ngocok

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