Belgian-born crypto billionaire Olivier Janssens has proposed paying all residents of the Caribbean island of Nevis 100 dollars a month if the government gives the green light to his planned libertarian community project, the Financial Times reported on Friday.

The project of Olivier Janssens, named Destiny, is set to become a large-scale new community on the south coast of Nevis. An email to the project’s followers states that payments to all residents, including children, would begin immediately once the final agreement with the government has been approved. According to the organisers, the original plan was to share 5 per cent of future profits with the population, but they now wish to “give something back” sooner.

The proposed…