Difference between revisions of "Wirtland"

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(Created page with "500px|thumb|Flag of Wirtland '''Wirtland''' is an internet-based micronation founded in 2008. ==Activities== From its founding, Wirtland has be...")
 
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In 2009, Wirtland released its first gold coin, the "Wirtland Crane" (10 International Currency Units, ICU). The Wirtland Crane – a 1/10 oz. coin minted in 24 carat gold - became the world's first gold coin produced by an internet-based (virtual) country. The gold "Crane" was soon followed by the first silver coin, similarly titled the "Silver Crane" (2 ICU).
In 2009, Wirtland released its first gold coin, the "Wirtland Crane" (10 International Currency Units, ICU). The Wirtland Crane – a 1/10 oz. coin minted in 24 carat gold - became the world's first gold coin produced by an internet-based (virtual) country. The gold "Crane" was soon followed by the first silver coin, similarly titled the "Silver Crane" (2 ICU).


==Auction of country==
==Attempted acquisition by Westarctica==
In 2019, the ruler of Wirtland announced his intention to put the country up for auction on eBay. In response, [[Grand Duke Travis]] initiated a conversation with their government to learn more about the possibility of acquiring Wirtland as a colony of [[Westarctica]].
In 2019, the ruler of Wirtland announced his intention to put the country up for auction on eBay. In response, [[Grand Duke Travis]] initiated a conversation with their government to learn more about the possibility of acquiring Wirtland as a colony of [[Westarctica]].


Over the course of several days, the Grand Duke performed a due diligence assessment of Wirtland's assets in an attempt to assign a fair market value to the micronation. During this period, the citizens of Wirtland entered open revolt at the mention of their personal citizenship data being acquired by an outside party. The government quickly removed citizenship data from the terms of the sale, thereby drastically reducing any value to a potential buyer.
Over the course of several days, the Grand Duke performed a due diligence assessment of Wirtland's assets in an attempt to assign a fair market value to the micronation. During this period, the citizens of Wirtland entered open revolt at the mention of their personal citizenship data being acquired by an outside party. The government quickly removed citizenship data from the terms of the sale, thereby drastically reducing any value to a potential buyer.


With no tangible assets, no mailing list, and no citizens, the only things that would be included with the auction would have been the Wirtland domain name and "brand name," despite the name Wirtland not being officially registered as a trademark in any country. Grand Duke Travis made an offer of $300 to purchase Wirtland on 7 April 2019. This offer was immediately rejected by the ruler of Wirtland, who claimed to have many offers that were "several time" higher. However, as of March 2022, the micronation is still available for sale on eBay with an asking price of $50,000.
With no tangible assets, no mailing list, and no citizens, the only things that would be included with the auction would have been the Wirtland domain name and "brand name," despite the name Wirtland not being officially registered as a trademark in any country. Grand Duke Travis made an offer of $300 to purchase Wirtland on 7 April 2019. This offer was immediately rejected by the ruler of Wirtland, who claimed to have many offers that were "several times" higher. However, as of March 2022, the micronation is still available for sale on eBay with an asking price of $50,000.


[[Category:Micronations]]
[[Category:Micronations]]