Australia's party place, Great Keppel Island, to become cryptocurrency enclaveWIKIMEDIA COMMONS/OGWEN Investors will be invited to buy so-called Great Keppel Island Tokens to fund the A$300 million development. There was a time when Great Keppel Island was sold as the ideal place to go and "get wrecked", a party island at the gateway to the Great Barrier Reef. WIKIMEDIA COMMONS/XAVIERT3000 The developers say Great Keppel will become the world's largest island cryptocurrency micro-economy. Tower Holdings, which owns more than 70 per cent of Great Keppel Island, is owned by Sydney businessman Terry Agnew. According to Aiossa, there has not been a significant investment on the Great Barrier Reef for years and at present there is not a single large internationally branded hotel operating on a Great Barrier Reef island.

Source: Stuff September 04, 2018 01:52 UTC