Community FAQs

Latest

Does The NFT Owner Ever Acquire “Real Title” recognised by Vanuatu Land Registry?

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Island Development

Why was this specific Island selected for the community's project?

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Where are the original founders?

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Who is responsible for funding and maintaining the entire Islands infrastructure?

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Who will construct the satoshi island eco-resort, how large will it be, and when will construction begin?

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Who is funding the Digital Nomad Village? What are the benefits of having one?

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The government of Vanuatu has supported the project. Is it possible to view the local government endorsement?

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Is Satoshi Island a conservation area? Is there a coconut crab population issue?

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How can sustainable development be ensured?

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Are all pioneers contributing their labor and expertise to the project without receiving any form of compensation?

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Who are the Pioneers? What are the their responsibilities?

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DAOs and Company

What is the current corporate structure? What are the roles of Satoshi Island Holdings Ltd, and Satoshi Island DAO LLC, and who are the directors?

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How much was raised from Land NFT Deeds and STC token sales? Are these funds still available?

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What is the net profit generated by the company from the sale of homes? How is it being used?

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Who is responsible for the leasehold payments?

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Building Homes

Can I start building now? Is the infrastructure ready?

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Which architectural firm is responsible for the current design of the building?

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What types of buildings can I buy? How much do the buildings cost? What are the utility costs?

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How big is a block of land? What can I build on a block?

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What are the estimated regular maintenance costs for a home?

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Given that there are 21,000 Citizenship NFTs, is it likely that the island will have a population of 21,000 residents?

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Technology

What are the benefits of Citizenship NFTs?

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What rights does a Land NFT Deed give me?

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What's the difference between Land NFT Deed and NFPT?

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Why is there a separate token? Why not just use Bitcoin?

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What is advanced NFT security (ANS)? What happens if I lose access to my Satoshi Island assets?

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Are there plans to list STC on centralized exchanges?

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What is a "hi-tech, hi-touch, in-touch decentralized community"?

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General

Can the island be visited anytime?

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What are the entry requirements for Vanuatu? What are the options for a long-term stay?

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Can I come and help with the construction?

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How does Vanuatu law apply to NFT land? What happens in case of a dispute?

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Who handles emergencies? Will Vanuatu provide services? Does the island pay for services?

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Are there any taxes in Vanuatu or on Satoshi Island?

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What values should the community uphold?

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What does "give more than we take" mean?

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