Crypto millionaire’s Nevis project offers residents $100 per month: FT

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Belgian-born crypto millionaire Olivier Janssens has reportedly offered Nevis residents $100 a month if the government approves his plans to develop a tech-friendly libertarian community on the Caribbean island.

Jannsens’ Destiny, the company behind the project to purchase and restructure about 2,400 acres of land on the Caribbean island, will begin paying residents $100 a month “immediately upon approval of a final agreement with the government,” according to the email. seen by the Financial Times.

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The $100 monthly amount is an enhance from the initial $30 Eastern Caribbean Dollar ($11) announced for the project in November 2025.

The offer was met with pointed criticism from opponents of the project, who considered it an attempt to influence public opinion and government acceptance.

Kelvin Daly, a member of the Nevis Reform Party (NRP), condemned the move for allegedly putting pressure on authorities to accept development plans. “Janssens and De Primer increased the bribe from $30 a month to $100 a month,” Daly wrote on Facebook post on Monday.

“This is influence buying, a clear attempt by a private developer to interfere in the internal socio-economic and political affairs of our country.”

Daly called on the authorities to investigate the initiative for violations of the anti-corruption law.

Design Destiny, preview. Source: Destiny.com

Destiny is seeking approval under special sustainability zones in St. Kitts and Nevis, i.e. the legal regime passed in 2025, which enables the implementation of this type of projects.

The initiative plans to invest $50 million in Nevis infrastructure to fund hospitals, health centers, villas and create more jobs, sharing 10% of the profit with citizens and 10% with the Nevis sovereign wealth fund.

Cointelegraph has reached out to Destiny for comment on the project’s approval timeline.

Related: The Trump Organization tokenizes resort development in the Maldives for early investors

Crypto Founders Build Their Own Cities in ‘Eventual Exit’ Plan.

Janssens was an early Bitcoin investor and briefly served on the board of the Bitcoin Foundation in 2015, when he publicly stated that the organization was “effectively bankrupt.”

Former Coinbase CTO Balaji Srinivasan announced a similar initiative at the Network State Conference in Singapore in October 2025.

During his speechurged cryptocurrency and technology enthusiasts to buy land together and create more technology-friendly communities, positioning it as Silicon Valley’s “final exit” from “collapsing” American institutions.

Srinivasan also shared a document that indicated that a total of 120 “startup societies” are being developed around the world.

Warehouse: Move to Portugal to become a crypto-digital nomad – everyone else is

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