{"id":14390,"date":"2018-04-12T13:49:15","date_gmt":"2018-04-12T17:49:15","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=14390"},"modified":"2018-04-12T13:49:15","modified_gmt":"2018-04-12T17:49:15","slug":"cryptocurrency-trading-to-help-fund-proposed-water-park-at-fort-james","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/cryptocurrency-trading-to-help-fund-proposed-water-park-at-fort-james\/","title":{"rendered":"Cryptocurrency trading to help fund proposed water park at Fort James"},"content":{"rendered":"
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The government says it is considering a proposal to use funds from the Citizenship by Investment Programme to fund an EC$ 50 million water park at Fort James.<\/p>

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Two unnamed\u00a0experts who\u00a0addressed the Cabinet yesterday further proposed engaging cryptocurrency trading to raise funds for the project.<\/p>\n

The CIP Business option requires a US$400,000 minimum investment from each investor, and an ICO (Initial Coin Offering<\/strong>) could possibly raise as much as US$20,000,000 equivalent the government said in a statement.<\/p>

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It assured that the fort will remain public property, and the lands adjoining the eastern shoreline will be leased to Antiguans and other developers for the building of the water park, a hotel, shops, restaurants and other tourism amenities.<\/p>

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The development is intended to serve both residents and visitors when complete “and will match the Nelson\u2019s Dockyard in its attractiveness to history, yachts, foo, and entertainment.”<\/p>\n

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The government says it is considering a proposal to use funds from the Citizenship by Investment Programme to fund an EC$ 50 million water park at Fort James. Two unnamed\u00a0experts who\u00a0addressed the Cabinet yesterday further proposed engaging cryptocurrency trading to raise funds for the project. The CIP Business option requires a US$400,000 minimum investment from […]<\/p>\n","protected":false},"author":3,"featured_media":14393,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-14390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nCryptocurrency trading to help fund proposed water park at Fort James - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/cryptocurrency-trading-to-help-fund-proposed-water-park-at-fort-james\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cryptocurrency trading to help fund proposed water park at Fort James\" \/>\n<meta property=\"og:description\" content=\"The government says it is considering a proposal to use funds from the Citizenship by Investment Programme to fund an EC$ 50 million water park at Fort James. Two unnamed\u00a0experts who\u00a0addressed the Cabinet yesterday further proposed engaging cryptocurrency trading to raise funds for the project. 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