A microstate the founder describes as a “utopia” for crypto-related wealth is drawing major interest from abroad, according to reports. The founder says more than 800,000 people have applied for citizenship.

The claimed territory is an uninhabited seven-square-kilometre area on the border of Serbia and Croatia. It is described as having been claimed in 2015 by Czech libertarian politician Vit Jedlička. Outlets characterize the proposal as attracting those interested in cryptocurrencies, though the reporting varies in emphasis on who the applications are coming from and the purpose of the scheme.

The available coverage centers largely on the founder’s claims about citizenship applications and the microstate’s goals, without detailing independent verification of its legal status or administrative capacity. Across the sources provided, the core facts are that the land is small and uninhabited, located along the Serbia–Croatia border, and that the interest figures come from the founder rather than from an official government authority.