01 - base project to which it belongs

# Number of subproject

Numbering - development version (1, 2, 3, etc.)

0.1, 0.2, 0.3, etc. Development of idea and implementation

Phases of the project 6/10, 6 main phases and 4 optional

Phase 1 Island / Soil

Acquire a territory as a starting point, the following islands are suggested (list under development)

Cheap islands of dubious morale

1. Daksa Island in Croatia (doubtful moral) value 1.7 million euros

2. Isle Gruinard in Scotland (currently safe) value 500 pounds sterling


Normal islands

1. Orivaru Island in Maldives worth 11million euros

2. Leaf Cay Island in the Caribbean worth 1 million dollars

3. Sweet Island in Canada worth 80 thousand euros

4. Island Alligator Caye in the Caribbean value 90 thousand euros

5. Urume Islands in Japan (3 islands) value 200 thousand euros

Buying an abandoned island or town for exclusive use of asgardia

Phase 1.1 Local resources

Taking advantage of local resources, flora, fauna and minerals

Phase 1 is essential for project 01, its secondary and main use in this subproject is to be a crypto-monetary farm, the utility for 01 is to become a meeting and take-off area of the city (future situation).

Phase 2 Production Structure

Installation of solar panels, according to the area and the minimum expected production requirements will be deployed solar panels.

Calculated production for this project 2840 kw / h


Phase 3 Storage Structure

Installation of batteries, measuring equipment, support and direction

Phase 4 Mining system

1kw / h = 1 solar

The lot is considered as currency for the exclusive use of citizens of asgardia, this crypto currency can only be mined in the territory of asgardia. Once the space is reached the mining of this money will be in space, this currency has double support, on the one hand its support in natural resources that is solar energy and on the other hand by the lunar currency, the production of this currency is raised to be limited by the bank of asgardia, in case of not having this institution at the time of being carried out the parliament will have control of the solar production

* Phase 5 production count

* Phase pending restructuring

 Monthly production count and conversion of kw / h to solar

Phase 6 Monetary Values

Definition of initial value

1 lunar = 1 solar

Definition of an initial monetary cap equivalent to 1000, 000, 000 billion solar. With a minimum annual production of 5 million.


Phase 7 Common Monetary Incentives and Distribution

Lunar credits appear, lots of 10 moles (common currency crypto currency) with market value yet to be defined. As a method for raising revenue for projects.

Citizen incentive to the first million Asgardians citizens receives 10 free lunar to be able to afford their first solar credits or desired expenses

Population census begins for the implementation of the temporary pension


Phase 8 Solar Monetary Distribution

(Complementary Phase 7 and 8)

A solar is equivalent to 1 lunar in its initial sale value, being the change from lunar to solar the method of obtaining for the old and new Asgardians.

Lunar credits can be acquired by any resident or person from the outside world but only a citizen of asgardia can change their moles to the official solar currency.

Transactions of greater importance and relevance require the use of the solar currency

Low importance transactions such as merchandise handling, trade and franchises are handled in moles.

With the free sale of the lunar currency asgardia acquires investment funds, leaving the solar currency only for the use of the people of asgardia as for example the payment of electoral postulation.


Phase 9 Monetary Revaluation

Annually the lunar and solar value is re-evaluated for its respective conversion depending on the market demand. In this way, only the lunar to solar conversion is controlled, leaving the lunar currency to control the national market.

Phase 9.01 citizen pension

The pension is an extra income that is only given to the first million population during a previously defined period, this type of income can be of a temporary or permanent nature depending on whether case A, case B.

Case A: temporary pension this pension is what is originally intended as an incentive for the first citizens of asgardia, who for 5 years will receive 1 lot for their personal use. However, this additional income can be resumed in the future with modified times and income according to what the National Bank of Asgardia dictates.

Case B: permanent pension this pension is the income that is granted to citizens recurrently with periods of monthly or bi-monthly payments, as means of income to future retirees, the amount of said pension is defined by your income in your time Asgardia labor and the National Bank of Asgardia.

Phase 10 start of subproject # 1 takeoff point and tourism