If you’ve ever thought of acquiring a digital, virtual citizenship, there are a couple of new options on the table – a ‘Satoshi Nakamoto Republic’ and a ‘Soviet Land’ on blockchain, among others. True, ‘crypto passports’ often come with coin offerings that you might not necessarily be interested in — But the blockchain republics also promise social justice, new or forgotten models of governance, voting rights for every citizen.
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‘Soviet Land’ to Issue its Own Crypto Ruble
The idea of a crypto state, a blockchain republic, is not new but the marketing strategies for selling it are changing all the time. The authors of the latest such project have decided to attract “citizens” by invoking nostalgic memories of a state whose founding principles were quite different from the political foundations of the crypto-space. The blockchain-based “Soviet Land” has been recently proclaimed in the Russian Federation, the successor of the Soviet Union which was dissolved in 1991. Almost three decades later, many Russians regret the loss of the safety and security of the Soviet era as political freedom didn’t bring economic prosperity for all.
The Soviet Land is meant to be a digital recreation of the USSR, with its own constitution, citizenship, and social security system. The project is targeting people born in the former Soviet Union and their children. The blockchain USSR has its own cryptocurrency, the Soviet Land Crypto Ruble (SLCR). The SLCR token is supposed to underpin all transactions in the Soviet Land and should be used in payments, both “international” and between legal entities and private individuals within the virtual state.
There’s also an incentive for new citizens – the founders of the blockchain state promise to
