The Washington Post reported on Sunday that a 38-page post-war Gaza plan called the "GREAT Trust" suggests that the United States take over the Palestinian territories in a trustee management capacity for at least ten years.
The plan proposes the "voluntary" relocation of 2 million Gaza residents. Residents will receive exclusive land tokens, which can be exchanged in the future for up to eight planned "smart city" apartments or used to relocate to other areas. The plan will also provide residents with temporary housing and food subsidies for up to four years.
The proposal has sparked criticism, with Muslim civil rights organizations such as the Council on American-Islamic Relations stating that "taking over Gaza through a digital token scheme and plundering Palestinian land on a large scale is not only morally reprehensible but also violates international law—this would constitute a historic war crime."
The Washington Post stated that the latest proposal was developed by individuals associated with the U.S. and Israeli-supported Gaza Humanitarian Foundation, which is currently distributing food to Gaza. The financial planning of the document is handled by a team that previously worked for the Boston Consulting Group.
The report also mentioned that two informed sources indicated that the main content of the proposal aims to implement former President Trump's Gaza plan. However, it remains unclear whether the proposal was envisioned by Trump himself or if it is being seriously considered.
The plan proposes the use of "innovative financing models" through land trusts and "developing a blockchain-based land registration system and tokenizing land to enhance asset liquidity."
The proposal aims to tokenize Gaza using blockchain as "ownership records," splitting land into tokens to achieve "fractional ownership."
These tokens will be sold to investors to finance "reconstruction and humanitarian efforts." At the same time, the tokens can be speculated on in the secondary market by cryptocurrency users. All token transactions will be recorded in the blockchain ledger.
Gaza landowners will receive tokens after transferring their land, which can be exchanged for cash or apartments in the Gaza Strip. Each Palestinian leaving the area will receive $5,000, four years of rent subsidies, and one year of food subsidies.
The proposal states that the plan's proceeds "can be reinvested into a newly established Palestinian wealth fund, benefiting future Gaza residents," but the document notes that increasing the number of people leaving Gaza would make the plan more profitable, claiming that each person relocated could save $23,000.
The plan proposes to rebuild six to eight modern, AI-driven smart cities in Gaza, with all services and economic systems operating on an "identity-based AI digital system."
The proposal also outlines ten "super projects," including ports, highways, railways, AI data centers, Dubai-style artificial resort islands, and the so-called "Musk Smart Manufacturing Zone."
As former President Trump and his family deepen their ties with the cryptocurrency industry, this blockchain plan has gradually come to light. In February of this year, Trump stated that the U.S. should "take over" Gaza and turn it into the "Riviera of the Middle East."
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Original text: “Reportedly, Trump considers post-war Gaza plan, proposes tokenized land”
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