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Satoshi Nakamoto Republic

Satoshi Nakamoto Republic

Ukraine, Kyiv city
Market: Building, Blockchain, Crypto currency, Virtual and Augmented Reality
Stage of the project: Idea or something is already done

Date of last change: 23.06.2018
Min investment
$  40.000
0
Total required
$ 800.000
Rating
equalizer 170 из 1000
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Idea

Erecting monuments to Satoshi Nakamoto all over the world and creating the virtual decentralized blockchain-republic (VDBR)

To implement these ideas, we are going to raise funds through the ICO. Satoshi Tokens will be issued during the ICO.

Current Status

NAKAMOTO WILL BE ERECTED IN UKRAINE ON THE SITE OF THE MONUMENT TO LENIN
Kyiv, the capital of Ukraine, will become the first city of the world, where the monument to a man of the future, but not the past, as it usually happens, will be erected. Now the process of discussing the project of the monument is taking place.
THE ERECTION OF THE MONUMENT TO SATOSHI NAKAMOTO IN KYIV WILL HELD IN SEVERAL STAGES:
On the first stage the virtual monument (visible through the mobile app) will be erected.
The second stage: to submit the petition to Kyiv City State Administration & start the fundraising campaign for the real monument installation.
In case the permission for the monument installation will be received, it will be erected in Kyiv, on boulevard Shevchenko, on the site of the monument to Lenin.

In case the petition will be declined, the monument to Satoshi Nakamoto will be erected on another location. Now there is a wave of interest on the part of business to erect the monument on one of the territories of the contemporary technological business centers of Kyiv.



The erection of monuments - is a first stage of the global project, which includes the Virtual Decentralized Blockchain Republic foundation, with the center in Satoshi Nakamoto City. MORE DETAILS

Market

Assets of the Republic
Money
At the stage of pre-ICO, the first founders will manage the finances – 2 keys.
At the stage of foundation of the Republic (after the ICO until the formation of the first Government, the Founder Council disposes of the finances (7 of 14 signatures)
At the stage of governance of the Republic, the Government, which was formed in the election process, administers finances.
An island
At the moment we are helding negotiations of 10 variants - will be chosen by voting 8 of 14 Ambassadors
The Real estate
The Land belongs to the Republic
The Land can be rented for the long-term period for the construction of hotels, shopping and business centers. Through open auctions only.
The individuals can own real estate
Investitions
Are not prohibited if the community votes for

Problem or Opportunity

Imagine, that the monument to Satoshi Nakamoto can be installed in your city. You have the right to become the citizen or even the Ambassador of the first Virtual Decentralized Blockchain Republic (VDBR), with absolutely new model of governance, where all citizens have the right to vote, and this right is fixed on blockchain, excluding the possibility of falsification. You can obtain the citizenship, and get the right to attend an Island and get together with other members of the community in the freest Republic of the world. Also you’ll have the right to become an Ambassador and represent the interests of the Republic in your native town, to popularize Republic to the community, - and get a significant status of Ambassador and get the reward. You'll get the right to become the owner of the token, which will have an official circulation on the island and in all crypto-embassies around the world.
Don’t miss a chance to invest in a really significant project of the crypto-industry development.

Solution (product or service)

The foundation of the Republic and building of monuments will evoke the wave of interest from the public. Such a resonant event could be a trigger to change the macroeconomic model and cause the decentralization of the modern society. The new virtual republic will gain the status of the real democracy with an absolutely transparent democratic control system based on the blockchain.
Such a decisions might be:

Finances: budget management
Suffrage: The elections of Members to the Congress
Voting: Adoption of the decisions of the Congress
Petitioning: Any citizen has the right to put forward a proposal on the official website of the Republic
Asset Management: all the real estate of the Republic, will be officially sold for Satoshi Tokens through the website and any person will be able to buy or sell any property or assets of the state. All this process will be realized and recorded in the republic's register and implemented with blockchain technologies.

------------------The road map
- The development of the concept
- Preparation of the materials for the Ambassadors
- Involvement of the first Ambassadors
- Forming the Board of Founders
- Preparation for the ICO-campaign
- ICO campaign
- Satoshi Tokens Emission
- Statuses
- Purchase of an island
- Erection of the monument
- The development of the government system of the Republic
- First elections
- Forming the Government
More information: http://satoshirepublic.org

Competitors

We are the first

Advantages or differentiators

he Republic
The Virtual Decentralized Blockchain Republic foundation (VDBR)
The system of governance of the Republic will be founded on the Blockchain technology. Blockchain Ethereum will be used for the voting system realization, as well as for elections & notary functions of the society.

The program software development
On raised funds we will develop the software solution with the next functional opportunities:

The system of voting on the Blockchain
All the citizens will have the right to vote and could vote for the bills of the Republic
Elections to the Congress
The system of the voting in Congress
Buying/selling of the assets of the Republic
Real estate
Posts
Services
Budget of the republic
Statistics & Analytics - all the information is clear and available for the сitizens.
The cabinet of the Ambassador
The right to issue ID passports for the citizens of the Republic
The right to issue visas
The right to lease virtual advertising platforms nearby the monument
The right to participate in elections to the Congress
Cabinet of the citizen of the Republic
The right to submit petitions
The right to take part in elections
The right to buy/sell the assets of the Republic
The right to buy/exchange tokens
The right to obtain the post
The right to work & obtaining the reward
Network for discussing events of the Republic.

Finance

Assets of the Republic
Money
At the stage of pre-ICO, the first founders will manage the finances – 2 keys.
At the stage of foundation of the Republic (after the ICO until the formation of the first Government, the Founder Council disposes of the finances (7 of 14 signatures)
At the stage of governance of the Republic, the Government, which was formed in the election process, administers finances.
An island
At the moment we are helding negotiations of 10 variants - will be chosen by voting 8 of 14 Ambassadors
The Real estate
The Land belongs to the Republic
The Land can be rented for the long-term period for the construction of hotels, shopping and business centers. Through open auctions only.
The individuals can own real estate
Investitions
Are not prohibited if the community votes for



Budget of the Republic
is formed of:

Initial fees during ICO
Issue of citizenship 100 ST
Sale of Ambassador’s position
Real estate and land lease
Licensing of the Republic's management system
Sale of virtual advertising spaces alongside a built monuments

More information: http://satoshirepublic.org

Business model

The token economy
What will the cost depend on?
The cost will depend on the quantity of persons who want to get the citizenship. The more will be willing, the more tokens will burn in the process of purchasing the citizenship, while tokens incoming to the Republic’s account
The burning during the citizenship issue is the next:
First year: 50%
Second year: 25%
Starting from the third year: 10%
Further: 1%
For the first year non-burned tokens will be kept on the accounts of the Republic before the budget adoption

Money will be spent on

The monuments installation
The monuments will be installed in each city that has raised enough funds.
■ For the virtual monument - 1 BTC
■ For the real monument - 10 BTC
○ The cost of each monument is calculated by each city individually
○ Distribution of funds raised during the ICO:
■ Real monument
● 40% - erection of the monument
● 10% - operational expenses (celebrations, conferences)
50% - Republic’s budget
■ Virtual monument
● 50% - purchase of the virtual monument’s prototype and celebrations
● 50% - Republic’s budget

○ An Ambassador is responsible for the construction
○ An Ambassador reports to the Citizens about the money spent
○ Architecture design is chosen by each city individually
○ The decision about the required documents for the money transferring to the Ambassador’s account will be taken by the Council Founders.
○ The symbol of the Republic on the monument is obligatory

Tokens fee

○ Soft cap 100 BTC – Virtual Republic
○ Middle cap 1000 BTC - Satoshi Nakаmoto City on Island
○ Hard cap – is absent (since not all cities will be able to collect enough funds for the construction of monuments)
● For the virtual monument in the town - 1 BTC
● For the real monument in the city - 10 BTC

Satoshi Tokens emission
The token division
Total issue will be known after the end of the campaign
Pre-ICO issue: 10m of tokens at a price of 0.00001 BTC
ICO issue: Unlimited for the price of 0.0001 BTC
Additional emission to the Team:10% of the total issue after the end of the campaign
Ambassadors:5% of the total issue after the end of the campaignе
Key partners:5% of the total issue after the end of the campaignе

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Idea
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Advantages or differentiators
Finance
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Business model
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