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TIL about Liberland, a micronation founded in 2015, who runs on a blockchain built on Polkadot (DOT)

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by COINS NEWS 152 Views

TIL about Liberland, a micronation founded in 2015, who runs on a blockchain built on Polkadot (DOT)

Never heard about this before, I thought I'd share

Liberland is a self-proclaimed country, it's very small (7kmΒ²/2.7sq miles) and is situated in Europe on the border of Serbia and Croatia. It's a disputed land between the two countries, so it's currently inaccessible

It was created by a small group of people on April 13, 2015, at its head a Czech politician. He's the first and current president of Liberland.

The official currency is Bitcoin ! Their moto is "Live and let live", and they even got a flag !

The Liberland Flag

They created their own blockchain, built on Polkadot.

The country is "run" on the blockchain. Citizenships, governance (DAO), and the judiciary system in the future ! The idea is to have to most democratic and free country in the world. The even were awarded the Web3 Foundation Grant in March 2023

A thousand people paid $5k to have their citizenship lmao, but the micronation isn't even recognized by any other country in the world

If you want to check out more about Liberland, here's their website : https://liberland.org

submitted by /u/ToshiSat
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