XIHA Life has acquired an island (The Official XIHA Life blog)

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XIHA Life has acquired an island

"The Official XIHA Life blog" by Webmaster in English (65 entries)

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2009-04-1 - XIHA Life has acquired an island

BERLIN / RED HERRING -CONFERENCE, APRIL 1st 2009

XIHA Life proudly announced today in Red Herring -conference that it has acquired the world's smallest nation, the republic of Nauru. XIHA Life received recently an investment from a Chinese investor and the deal was financed with those assets. Jani Penttinen, the founder of the site, comments: "XIHA Life is a unique multicultural and multilingual site which grows at very rapid phase. This deal suits very well in our strategy for aggressive expanding and it also offers us unique revenue possibilities like taxation." The island will face lot of changes in the future as the new government will be selected not by an election but by an arcade gaming tournament. The tournament model has been considered more democratic than an election model is. Gold members of XIHA Life will be rewarded by an unique opportunity to apply for citizenship in the new country.