Blue Frontiers’ Seasteads Floating Cities Starts Varyon Cryptocurrency
Blue Frontiers is decentralizing governance by launching a seasteading industry that will provide humanity with new opportunities for organizing more innovative societies and dynamic governments.
Abuot Blue Frontier Projects
Seasteads are mobile floating homes, businesses, and community spaces that can be moved and reconfigured in relation to other seasteads, allowing for the formation, reformation, and dissolution of networks, neighborhoods, cities, and eventually nation-states in international waters. Seasteads will offer residents and businesses liberties and regulatory frameworks that allow for rapid innovation in societal and political structures.
SeaZones are Special Economic Zones at sea. SeaZones will create legal and regulatory environments within the territorial waters of host nations, granting seateaders substantial flexibility or exemptions in fiscal, customs, labor, permits, and other select regulatory matters. Cryptocurrency and Blockchain Technology users and companies will benefit from these regulatory regimes for certainty, liberty, and taxes. Blue Frontiers is in active discussions with French Polynesia and is pursuing locations there, as well as seeking additional SeaZones in other countries.
Varyon is a general purpose token that allows holders to exchange goods and services in the Blue Frontiers ecosystem, other ecosystems, and between themselves. Varyon will play an important role in the long-term autonomy of seasteading and the ability to exchange value between seasteading communities. Blue Frontiers is planning to use the proceeds of the sale to expand its ecosystem and create SeaZones and seasteads.
Varyon allows holders to exchange goods and services in the Blue Frontiers ecosystem, other ecosystems, and between themselves. Blue Frontiers will exclusively provide goods and services in exchange for Varyon where it is legally able to do so, including – but not limited to – purchase or rental of dwellings on seasteads, timeshares on seasteads, seasteads for outright purchase, services for people and businesses located on seasteads.
From a technical point of view, Varyon is an ERC20 token, living on the Ethereum blockchain, for the foreseeable future. ERC20 tokens have a proven record of adoption and use – more than 40,000 ERC token contracts have been issued on the Ethereum blockchain. Taking volatility into account, ERC20 tokens account for well over ten billion dollars of the cryptographic currency and token market.
The sale will be held entirely in Ether (ETH). The soft cap of the combined pre-sale and public sale will be 4,000 ETH and our hard cap will be 22,000 ETH. Presales will be sold ahead of the public sale in Bitcoin and Ethereum, with a bonus of 15%. There will not be bonuses in the public sale. The public sale will take place in June 2018.
4-28% of the tokens will be allocated for public sale, 7-8% will be held for the Presale. 5-6% will be given to the Blue Frontiers seed funders, 10-15% to the Blue Frontier team and 45-72% on the Seastead/Seazone construction, Development, and administration.
The funds raised from the crowdsale will be used to implement Blue Frontiers mission, for activities including but not limited to Design and Engineering, SeaZone Legal and Administration, community Growth and General Administration.
Blue Frontier Conclusion
Even though the Blue Frontiers project is one of a kind and pushing the horizons of both technology and societal norms, they may be aiming too high. This is evident from the fact that Silicon Valley billionaire Peter Thiel, has invested $1.7 million in The Seasteading Institute, but has since fallen out of love with the idea.
For more information about the project or the token, visit https://www.blue-frontiers.com/en/ .
Presale: is available today
The public sale: June
Hard cap: 22,000 ETH