Belgian-born cryptocurrency billionaire Olivier Janssens has reportedly offered to pay Nevis residents $100 a month if the government approves a development plan to create a tech-friendly libertarian community on the Caribbean island.
Janssen’s Destiny, a project aimed at buying and rebuilding about 2,400 acres of land on the Caribbean island, announced it would begin paying residents $100 a month “once a final agreement with the government is approved,” according to an email obtained by the Financial Times.
The $100 per month figure is an increase from the original 30 East Caribbean Dollars (US$11) the project announced in November 2025.
The proposal drew harsh criticism from opponents of the project, who said it amounted to an attempt to influence public opinion and government approval.
Kelvin Daly of the Nevis Reform Party (NRP) condemned the move, which he said was meant to put pressure on authorities to accept the development plan. “Janssens and De Primer increased their bribes from $30 per month to $100 per month,” Daley wrote in a Facebook post on Monday.
“This is an influence buy and a clear attempt by private developers to interfere in our country’s internal socio-economic and political affairs.”
Daly called on the authorities to investigate the initiative for violations under the Prevention of Corruption Act.
Project Destiny, preview. Source: Destiny.com
Destiny is seeking approval under St. Kitts and Nevis’ Special Sustainability Area framework, a legislation passed in 2025 that enables projects of this type.
The initiative plans to invest $50 million in Nevis’ infrastructure to fund hospitals, health centers and holiday homes and create more jobs, with 10% of the profits going to the public and 10% to Nevis’ sovereign wealth fund.
Cointelegraph has reached out to Destiny for comment on the project’s approval schedule.
Related: Trump Organization to tokenize Maldives resort development for early investors
Crypto founder builds his own city with “ultimate 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 Bitcoin Foundation was “effectively bankrupt.”
Balaji Srinivasan, former chief technology officer of the Coinbase exchange, announced a similar initiative at the Network State Conference in Singapore in October 2025.
In his speech, he urged crypto and technology enthusiasts to collectively buy land and create more tech-friendly communities, and cast Silicon Valley as the “ultimate exit” from America’s “failed” institutions.
Srinivasan also shared a document showing that a total of 120 ‘startup associations’ are in development around the world.
magazine: Move to Portugal and become a crypto digital nomad — like everyone else
