To start with who or what are Blue frontiers?
Blue Frontiers, Pte. Ltd. was founded by the executive team and ambassadors of The Seasteading Institute. We have taken an ambitious long-term vision and established pragmatic steps toward developing the first seasteads. Blue Frontiers will create spaces for the advancement of novel societal structures, first within SeaZones, and ultimately on the high seas. Through agreements with host nations for the right to administer SeaZones, Blue Frontiers will provide SeaZone residents, and persons and businesses that register with the SeaZone, significant opportunities to form social orders in alignment with their personal preferences. Varyon will represent the central element to access this ecosystem
Blue Frontiers is making it possible to decentralize governance by launching a sea steading industry that will provide humanity with new options for organizing societies and governments. Sea steads will provide environmental resilience to the millions of people threatened by rising sea levels. Through Varyon, we invite people to participate in realizing this fascinating endeavor.
Seasteads will result to Decentralizing Governance
A core structural feature of current models of government is centralization. Too much centralized authority leads to inefficient bureaucracies and representatives disconnected from the people they are meant to serve. Given a suitable technological solution, governments are ripe for decentralization. That technological solution is seasteading.
Seasteading brings decentralization beyond the digital world of bits and into the world of atoms by providing modular, floating structures – seasteads – on which the evolution of new societies and forms of governance can occur. Promising solutions can branch off at any time by physically separating to create new seasteads – enabling a high level of evolvability and quick rate of adaptation. Mimicking nature’s time-tested method of variation and selection, the process of decentralizing governance through seasteading will spark the creation and evolution of new advancements in civilization.
When our homes and businesses can float to locations we choose, we can relatively easily rearrange our cities and sail our residence to other locations. Governments will no longer have a monopoly on the space where citizens live and businesses conduct their commercial activities. Instead governments will need to act like service providers, competing to attract citizens and businesses. Consequently, we will have an ever-evolving marketplace for government in a decentralized world.
Since 2008, Blue Frontiers Precursor the Seasteading Institute (a 501(c)(3) nonprofit) has promoted the development of seasteads, new cities or settlements on the ocean. Supporters of this concept, “seasteaders,” have proposed moving to the sea – outside of territories controlled by existing governments – to establish new societies and to engage in new rules for government.
Features of Blue Frontiers, Pte Ltd.
Seasteads:
A seastead is a floating human habitation, designed to remain in the sea indefinitely. Seasteads are designed to be mobile so they can be reasonably moved and reconfigured in relation to other seasteads. This allows 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.
The seasteads planned by Blue Frontiers are designed with the latest technology available to be sustainable and aesthetically attractive. Our concern for the well-being of the oceans is baked into our seasteading plans, and our designs will have a positive impact on the seas and sea life around our developments
SeaZones
Blue Frontiers, Pte. Ltd. (Blue Frontiers) was founded by the executive team and ambassadors of The Seasteading Institute. Our team’s cumulative experience and knowledge, network, government and media relations make us the best suited company to usher in the era of seasteading. We have taken an ambitious long-term vision and established pragmatic steps toward developing the first seasteads. We are pioneering experimental economic SeaZones where political, social, and technological innovations can be implemented by those who choose to optin. With the creation of SeaZones and seasteads, Blue Frontiers is addressing two critical problems:
Lack of innovation in governance systems.
Loss of land and homes due to rising seas and a shortage of real estate in coastal areas.
Blue Frontiers is an international company, registered in Singapore, made up of staff and professionals from all over the world. At the time of the publication of this white paper, aside from the founders, we employ ˜15 staff, and have ˜100 active and accomplished professionals working on critical issues in their fields of expertise necessary to the development of seasteads and the creation and administration of SeaZones.
We Produce Land!
Our team of designers and engineers are developing floating platforms that can be manufactured and mass produced, while maintaining comfort and affordability. We will create the ability to produce these platforms all over the world to fit the growing demand from people seeking choice in society as well as those needing to adapt to rising seas and climate change. Our products will become the “Legos for assembling floating islands.” The Blue Frontiers family of companies will license, produce, lease, and rent out entire seasteads and dwellings on seasteads.
The Floating Economy
Although Blue Frontiers’ main focus is on seasteads for residential purposes, the development of floating infrastructure and seasteading technologies will open up possibilities for use in other growing industries. We are considering collaborations and opportunities to enter the following markets:
Floating Solar Power
Floating Wind Power
Floating Agriculture
Fish Farms
Floating (and sinking) Data Centers
Wave Power
Floating Charge Stations for Electric Boats
Floating Stadiums and Amphitheaters
Floating Parking Structures
And more...
Relationship between Cryptocurrency & Blockchain Technology And Blue Frontiers’
Cryptocurrency & Blockchain Technology Blue Frontiers’ aim is to offer cryptographic currencies and blockchain technologies with a legal environment that encourages innovation, rather than undermining it with overregulation. Our SeaZones will offer cryptocurrency users and developers significant latitude for experimentation within a legal framework that provides certainty and protection from hostile regulatory regimes elsewhere.
Near-Term Strategy
Our near-term strategic approach for developing seasteads is multipronged. We put great emphasis on these four key areas:
Host nation diplomacy.
Legal research and structuring.
Community engagement and growth.
Design, engineering, and environmental planning.
Ultimately, these four pillars of near-term seasteading will lead to our unique position of being the first company to secure SeaZone concessions from host nations, produce sustainable floating islands, provide turnkey solutions to seastead residence and businesses, and partner with other businesses to supply products and services related to the seasteading ecosystem
The Future of Seasteading
Experimental. Seasteading will give individuals the freedom to create or join communities, to have sovereignty over their own bodies, and ultimately the freedom to create a life free from involuntary pressures.
Connected. High speed, inexpensive satellite internet is imminent. This technology will allow seasteaders to stay connected to the decentralized world from remote locations.
Self Sufficient. Integration and development of various technologies will ultimately allow us to reach self-sufficiency, made possible by an abundance of energy, potable water, food, and building materials.
Independent. The freedom to opt out of governments that one does not wish to participate in will be available to the masses with modular, moveable seasteading. Seastead communities will employ 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 supertankers, and start taking better care of them. The seasteads are designed to attract and revive coral and marine life habitats.
Global. The remotest parts of the world’s oceans will become attractive living locations, specifically near the equator where fierce storms are unlikely and sunshine is abundant.
Varyon
Blue Frontiers is raising capital to build seasteads by issuing an ERC20 token named Varyon on the Ethereum blockchain. We plan and expect that Varyon will be usable to purchase seasteads, fractional ownership of seasteads, seastead residency, and other products and services from Blue Frontiers. As an easily exchangeable token, Varyon will also be tradable and usable beyond just Blue Frontiers. Varyon will play an important role in the long-term autonomy of seasteading and the ability to exchange value between seasteading communities. Blue Frontiers will use the proceeds of the Token Generation Event (TGE) and future sales of products and services to expand the Varyon ecosystem and create SeaZones and seasteads.
Varyon’s purpose is to facilitate economic planning for all involved parties. Building floating platforms requires complex cooperation to translate projects that currently exist as separate units, (e.g. floating architecture, closed water systems, sustainable energy generation) into one product for housing humans on the water. Varyon will provide safeguards for fairness and transparency as we move through many unprecedented stages of research and development
Token Mechanics
The total supply of Varyon will be created during the TGE. One billion Varyon will be minted and none shall be issued after the TGE. Thus, the total amount in circulation will be fixed and publicly known. A portion of the total token supply will be held and used by Blue Frontiers for development, construction, and administration. If during the TGE Blue Frontiers does not raise enough funds to execute on the roadmap, all tokens purchased will be refunded. However, our calculations show that at the lower bound of the raise (soft cap of 4000 Ether), Blue Frontiers will have enough funds to be able to design, engineer, test, and plan the construction of the first seasteads. Blue Frontiers will be able to acquire more funding through Varyon debt financing (more about this below) in order to move into construction. At the upper bound of the TGE (22,000 Ether), Blue Frontiers will have sufficient capital to engineer, design and build at least the first seastead, possibly more depending on actual construction costs and fluctuations in Blue Frontiers’ financial holdings.
Varyon Sale
Varyon will be distributed in a crowdsale to buyers who have been whitelisted through our anti-money laundering (AML), know your customer (KYC), and selection process. 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, ZenCash, and Ethereum, with a tiered bonus of up to 15%. There will not be bonuses in the public sale. Time to Issuance: Tokens are issued upon successful KYC / AML checks, with a transfer freeze until a deadline set shortly after the sale (in order to fully process all sales and KYC / AML checks).
Distribution
• 40% Sale*
• 10% Community Development
• 15% Blue Frontiers team
• 35% Reserves: Future Seastead/SeaZone Construction, Development, Administration
- Varyon not sold in the main sale will be allotted to the reserves for future seastead/SeaZone Construction, Development, Administration.
- SOFTCAP-4000 ETH
- HARD CAP 22000
Team Token Lockup
Blue Frontiers is allocating 15% of Varyon tokens to the team, which consists of the founders and executives, full and part time staff, more than one hundred professional volunteers, and advisors. A small portion of those tokens will be distributed and locked for one year from the end of the TGE. The rest will be allocated and vested over time. The team will be required to accept a significant part of their compensation in tokens, from 10% to 40%, and 40% specifically for founders. Payments received until Dec 2021 in year N are locked until the last day of year N+1. The Volunteer team will be allocated approximately one percent of the total token issuance. Volunteer tokens will be locked for one year. Some advisors will be awarded half of their tokens at the close of the sale, with the remaining tokens being vested over the course of one year.
Use of Proceeds
The funds raised from the crowdsale will be used to implement Blue Frontiers’ mission. Proceeds from the token sale will be divided among the following activities:
• Design & Engineering
• SeaZone Legal & Administration DRAFT 23
• Community growth
• General Administration
The amount of proceeds used for each activity will depend on the level of proceeds raised.
Roadmap
• 2017: Signed MOU with French Polynesia; launched Blue Frontiers; held researchers Floating Island Research: Science & Technology meeting at the UC Berkeley Gump Station on the Island of Moorea. Co-hosted first international seasteading gathering in Tahiti. Conducted significant economic, legal, and environmental research; developed new seastead designs; built a global team
• 2018 Q1: Launched Blue Frontiers Global
• 2018 Q3: Launch Varyon
• 2018 Q3-Q4: Acquire a SeaZone from a host nation; continue negotiations for additional SeaZones; engineer and blueprint seastead designs
• 2019 Q1/Q2: Prototype seasteads; wave-model testing; manufacturer and supply chain assessments
• 2019 Q3/Q4: Manufacturer and construction team selection. Construction/manufacturing begins
• 2021: First seasteads deployed
Team (Founders)
FOR MORE INFO VISIT :
WEBSITE: https://www.blue-frontiers.com/en/
WHITEPAPER: https://www.blue-frontiers.com/whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=3708700
FACEBOOK: https://www.facebook.com/Blue-Frontiers-255004088265639/?ref=br_rs
TWITTER: https://twitter.com/BlueFrontiers
TELEGRAM: https://t.me/bluefrontierscommunity
Reddit: https://www.reddit.com/r/BlueFrontiers
BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745
Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project.
