Blue Frontiers, the first pioneer company, is proud to announce Varyon exchange tokens to increase variation in government. Blue Frontiers is a team of more than one hundred professionals who work to build eco-friendly seasteads that adapt to rising sea levels and offer a unique regulatory framework. The Seastead is a physical platform, SeaZone is a legal platform, and Varyon is a way to buy goods and services in the Blue Frontiers ecosystem.
- Buy or rent space on a seastead, you will do it with Varyon.
- Register your business, or become a virtual resident at SeaZone Blue Frontiers, you will do it with Varyon.
- Hold Varyon, you have interests in the future. Varyon chose Varyon, because in a floating world of the future, Varyon appreciates variations in government, freedom of mobility, transparency, inclusiveness and choice.
Finance can be fair, and government can be trusted. Stop arguing. Start finding, with Blue Frontiers. Together Varyon will demonstrate how decentralization, voluntary society works - free at sea.
Varyon (VAR) is expected to be required to purchase seasteads, fractional ownership of seasteads and seastead residency from Blue Frontiers.
A staking mechanism will be used to:
- Control access by people and structures to SeaZones
- Facilitate arbitration
- Provide for general liability protection
- Provide apportionment of fees
- Vote on proposed SeaZone charter changes
As an easily exchangeable token, Varyon will also be tradable and usable beyond just Blue Frontiers.
The company behind Varyon
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.
- The presale ended July 14.
- The public sale date is yet to be determined. There will not be bonuses in the public sale.
- 1 ETH = 14,750 VAR
- Limited supply: 1 billion. No more tokens can ever be created.
- 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. - 4,000 ETH: Soft cap
- 22,000 ETH: Hard cap
- Minimum to participate : 1 ETH
Non-accredited token purchasers who are not living in China or the US are eligible to participate. Accredited US Citizens are allowed to participate in the sale, and will need to prove accreditation, sign additional documents, and have their Varyon locked from resale for 1 year. All US citizens are able to participate if they are permanent residents outside of the U.S. at the time of the purchase. You will need to prove your country of residence.
Bonus
Varyon will tally all purchases made during the presale by each buyer using any of the supported currencies, and apply a bonus to the total ETH equivalent amount. If the amount is between 1 and 10 ETH the bonus will be 5%. For an amount between 10 and 40 ETH the bonus will be 10%. For any amount from 40 ETH the bonus will be 15%. Unlike other ICOs which give huge discounts to presale buyers, we think it is important that people who buy in the public sale are not treated significantly differently from the presale buyers.
Use of Proceeds
The funds raised from the crowdsale will be used to implement Blue Frontiers mission. Proceeds from the token sale are expected to be divided among the following activities:
- Design & Engineering
- SeaZone Legal & Administration
- Community growth
- General Administration
Smart contract
The public sale will use a smart contract on the Ethereum blockchain. It is shared today as a work in progress.
Blue Frontiers’ co founder
Joe Quirk hopes that the city will serve as “an incubation hub to develop wave energy generation technologies, floating solar, materials science, algae-based food and fuel, sea water air conditioning (SWAC), desalination, and marine education.”
A pilot project for a new libertarian floating city will have 300 homes, its own government, and its own cryptocurrency. (read more : https://www.businessinsider.my/floating-city-plans-seasteading-institute-peter-thiel-blue-frontiers-2017-12/)
Roadmap
- 2017 Q1: Historic agreement - 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: Expansion - Launched Blue Frontiers Global.
- 2018 Q3: ICO - Launch Varyon (VAR).
- 2018 Q3-Q4: SeaZone acquisition - Acquire a SeaZone from a host nation; continue negotiations for additional SeaZones; engineer and blueprint seastead designs.
- 2019 Q1/Q2: Prototyping, testing, assessing - Prototype seasteads; wave-model testing; manufacturer and supply chain assessments.
- 2019 Q3/Q4: Construction - Manufacturer and construction team selection. Construction / manufacturing begins.
- 2021: Deployment - First seasteads deployed.
Information detail :
Website: https://www.blue-frontiers.com
Telegram: https://t.me/bluefrontierscommunity
Twitter: https://twitter.com/BlueFrontiers
Blog: https://medium.com/@bluefrontiers