A real island for crypto fans that’s already doomed

Close your eyes. Close them well and tightly. Now imagine, if you like, a tropical island populated only by crypto enthusiasts … Open your eyes. What have you done

Cryptoland is real, and can hurt you. Also, it can scam you quite a bit of cash.

This cryptocurrency island project first gained public attention with a video that can only be described as unhinged and a Twitter thread from Molly White. In the video, an argument to buy stakes on the island through NFT rubs shoulders with an animated video that looks more like a crypto satire than a sales pitch.

Words fight to do it justice, but be careful.

We could write a full article on the weird animated section of this video. I mean, the thing includes an anthropomorphic talking coin, a song and dance number, and a myriad of hackneyed crypto jokes.

But today we want to get a little more serious and try to understand what Cryptoland really is.

What is Cryptoland?

In the simplest terms, the project is an attempt to buy an island and turn it into a global crypto hub.

The people behind this have claimed that they want to divide the land into three main areas: