Invest in Seasteads on the Blockchain

Seasteading is the practice of creating permanent human habitation in the water. The goal of seasteading is effectively to increase the amount of available real estate on the surface of our planet. One of the main advantages compared to land based real estate is that seasteads are mobile, they can be relocated anywhere depending on favorable business and real estate cost factors, or can stay in one spot to take advantage of increasing real estate costs, for example near a coastal city. The first seasteads will be novelties, and we will be renting our seasteads out as floating resorts and vacation centers, but later they can be used for residential and even commercial purposes, like floating restaurants or grocery stores. ArkPads, the most advanced kind of seastead, are designed to be connected together to form entire floating resorts or communities above the waves.

Each Stead token is a ticket that can be used to reserve a stay on a seastead. In addition, resorts and families that raise funds to build their seastead using Stead tokens must burn the stead tokens they collect when renting out their unit, usually over a 10-20 year period, this results in the cost of the tickets increasing over time. Since stead tokens are on the blockchain, they can be traded with other investors over DeFi platforms like Uniswap. The amount of Stead tokens emitted when raising funds for a new seastead decreases over time, making these tokens deflationary. In addition to the value of the tickets increasing in comparison to the seasteads produced, the underlying value of the floating real estate can increase as well, this can further drive up the value of an overnight stay in a floating house. Stead tokens therefore provide a way for floating resorts and communities to build more seasteads, and rent them out using the tickets produced in the sale. In addition, each seastead produced is given an NFT so ownership can be tracked on the blockchain.

The emission rate of Stead tokens will decrease over time, to start with, every $1.10 invested in producing a seastead will yield 1 Stead token to the buyer, but the amount necessary will increase by 0.65% per month indefinitely. About 8% per year. This means that more floating real estate will be created to back less and less tokens, in turn driving the price of each token up further. In addition, the amount of tokens burned each month changes with the number of nights a seastead gets rented out for, while a certain minimum number of tokens must always be burned, resorts seeing an increase in tourism will have to burn more tokens, thus increasing the value higher. The most important aspect of investing in seasteads is not just the ability to turn a consistent annual profit above market rate, it is also about investing in human flourishing and the ability to create free and more open societies.

Explore the marketplace and see active sales going on now!