Liberland, a micronation established in 2015 between Croatia and Serbia, is known for its unique ambition to become a nation founded on blockchain technology and cryptocurrency. The recent election of Justin Sun as Prime Minister has put this tiny nation in the spotlight.
Blockchain Governance and Decentralized Power
Under the leadership of Justin Sun, Liberland aims to become a fully decentralized nation governed by blockchain. Everything from voting systems to citizenship processes is now handled on the blockchain. They recently launched the Liberland Dollar (LLD) on Solana, which can handle up to 65,000 transactions per second, making it an ideal platform for their ambitions.
Crypto Incentives and Citizenship
Liberland offers unique opportunities for those looking to engage in its crypto economy. Citizenship can be obtained by investing in the economy or participating in development projects. Active participants receive 'Liberland Merits,' a digital asset, and those who spend enough time in the nation qualify for free citizenship.
Land, Legal Challenges, and Diplomatic Recognition
Liberland is not recognized by any other country, and its territorial claims are disputed by both Croatia and Serbia. Despite challenges with access and lack of infrastructure, the nation is pushing forward with support from other unrecognized states and seeks recognition from libertarian-leaning governments.
Despite numerous challenges and lack of international recognition, Liberland continues to develop as an experimental crypto nation with blockchain governance, attracting supporters worldwide.