Skip to content
  • Home
  • Bitcoin
  • Business
  • Blockchain

Copyright the voice of money 2026 | Theme by ThemeinProgress | Proudly powered by WordPress

the voice of money
  • Home
  • Bitcoin
  • Business
  • Blockchain
Business Article

Crypto millionaire’s Nevis project offers residents $100 a month: FT

On March 13, 2026 by voice

image

Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development plans for a tech-friendly libertarian community on the Caribbean island.

Jannsens’ Destiny, a project aiming to buy and restructure about 2,400 acres of land on the Caribbean island, said it will begin paying residents $100 per month, “immediately once the final agreement with the government is approved,” according to an email seen by the Financial Times.

The monthly $100 figure is an increase from the initial 30 East Caribbean dollars (US$11) announced by the project in November 2025.

The offer drew sharp criticism from opponents of the project, who said it amounted to an attempt to influence public opinion and government approval.

Kelvin Daly, a member of the Nevis Reformation Party (NRP), condemned the move for allegedly pressuring authorities into accepting the development plans. “Janssens and De Primer have upped their bribe from US$30/month to US$100/month,” wrote Daly in a Facebook post on Monday.

“This is influence buying, a clear attempt by a private developer to interfere in the domestic socioeconomic and political affairs of our country.”

Daly urged authorities to investigate the initiative for breaches under the Anti-Corruption Act.

Project Destiny, preview. Source: Destiny.com

Destiny is seeking approval under St. Kitts and Nevis’ Special Sustainability Zones framework, a legal regime passed in 2025 that enables projects of this kind.

The initiative plans to invest $50 million into Nevis’ infrastructure to fund hospitals, health centers, villas, and create more jobs, while sharing 10% of the profit with citizens and 10% with Nevis’ sovereign wealth fund.

Cointelegraph has approached Destiny for comment on the approval timeline of the project.

Related: Trump Organization to tokenize Maldives resort development for early investors

Crypto founders building their own cities in “ultimate exit” plan

Janssens was an early Bitcoin investor and briefly served on the Bitcoin Foundation’s board in 2015, when he publicly said the organization was “effectively bankrupt.”

Former Coinbase exchange chief technical officer, Balaji Srinivasan, announced a similar initiative at the Network State Conference in Singapore in October 2025.

During his speech, he urged crypto and tech enthusiasts to collectively buy land and create more tech-friendly communities, positioning it as Silicon Valley’s “ultimate exit” from “failing” US institutions.

Srinivasan also shared a document that showed a total of 120 “start-up societies” in development worldwide.

Magazine: Move to Portugal to become a crypto digital nomad — Everybody else is

You may also like

US equities grind higher as retail steps back and crypto leans on macro flows

Crypto startup SwissBorg secures MiCA authorization from French regulator

Bitcoin holds steady as inflation stays sticky and growth slows

Leave a Reply Cancel reply

You must be logged in to post a comment.

Archives

  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • January 2024
  • January 2023
  • December 2022
  • January 2022
  • December 2021
  • January 2021

Calendar

March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Feb    

Categories

  • Bitcoin
  • Blockchain
  • Business
  • Markets

Archives

  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • January 2024
  • January 2023
  • December 2022
  • January 2022
  • December 2021
  • January 2021

Categories

  • Bitcoin
  • Blockchain
  • Business
  • Markets

Copyright the voice of money 2026 | Theme by ThemeinProgress | Proudly powered by WordPress