Crypto Island (CISLA), The World’s First Private Island Acquisition and Decentralized Project, Announces Its Establishment. Crypto Island, a blockchain-based project run by its community, offers investors and crypto enthusiasts the chance to co-own the world’s first community-owned decentralized private island.

The highly anticipated startup of Crypto Island went official this week as their newly established legal structure is set for release. In detail, Crypto Island will legally form an independent entity on behalf of Crypto Island Group Incorporated. This entity will function as a token issuer in a very complex corporate structure set up to make it possible to tokenize ownership of the island.

With this company structure, Crypto Island is the first project to set up a structure to actually use a functional way to tokenize real estate. With this merger, Crypto Island is one step closer to achieving its goals of acquiring the first decentralized private island.

Dan Bouwer, one of the founders and current CEO of Crypto Island, is delighted with the acceptance and is confident that it will take the concept of a cryptocurrency-based community to the next level.