The 'principality' of
Sealand
has received a multi-million dollar investment offer from a Russian investment
group to fund the launch of a new communications satellite.
The deal would provide the self-proclaimed 'independent state' with worldwide
internet freedom and internationally unrestricted internet broadcasting from the
former military fortress.
Sealand would be able resume the launch of
Sealand
Casino, the world's first national online casino offering tax-free winnings
to all players.
The casino's launch was delayed after international political pressure from
the US and the UK, as it would have been hosted in a country with a restrictive
treaty regarding online gambling.
The Russian venture group's propositions involve installing new high-capacity
servers and launching a satellite to enable content to be delivered without
political restrictions.
One resident of Sealand, who is involved in the ongoing negotiations, praised
the proposed investment initiative.
"Total freedom of speech and free use of the internet is the whole essence of
this wonderful medium. The Sealand satellite will be the greatest revolution
since the dawn of the internet," he said.
Concerns have been raised about the proposed system after fears that it could
promote the use of Sealand as a data haven for criminals as well as further
encourage illegal downloads and file sharing.
Sealand celebrated its 40th anniversary on 2 September, commemorating the day
that 'Prince Roy of Sealand' exerted 'state authority' on the island.
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