Log in

News

Republic of Palau partners with Cryptic Labs to launch digital residency program

Updated: Jul 25, 2024
Published: Jan 12, 2022
0
Share:

This Tuesday, the blockchain development company Cryptic Labs and the Republic of Palau announced the release of a digital residency program, the Root Name System (RNS).

Post Feature Image

Palau to offer digital residence under Digital Residency Act

Surangel S. Whipps Jr., the President of Palau, signed a deal under the country's Digital Residency Act to provide "all global users" digital residence through the RNS. This kicked off the partnership between Palau, Cryptic Labs, and the sovereign-backed digital residency initiative.

With 18,221 residents, Palau has roughly 340 islands in the western Pacific Ocean. President Whipps made the following statement:

"Our Digital Residency Program will have the capacity for internationally recognized standards of identity verification to ensure that Palau upholds the rule of law and our reputational integrity."
The digital residency program uses RNS to provide end-to-end encryption, allowing users to choose how much location and ID information they would like to disclose with others. Under the program, the approved users will receive an ID as an NFT along with a physical ID card. This will be used to enable secure ID verification and access to KYC functions, as well as laying the foundation for on-chain verification.

Cryptic Labs CEO believes that Palau will shine through the agreement

Cryptic Labs' CEO, Bril Wang, commented on the agreement by saying that the Republic of Palau will transform economic growth in the country and around the world. He further adds, "The world is beginning to recognize the practicality, versatility, and truly transformative power of digital identity — this is a swift step towards that future."

Those interested in applying for digital residency can do so by setting up an account and paying with crypto or credit card.

Palau's Digital Residency Program is the country's second major entry point into the blockchain world. In November, as we reported, the West Pacific island nation joined hands with the fintech company Ripple (XRP) to build an environmentally friendly digital currency for smooth cross-border payments.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
Time Sensitive: The 4x Market-Neutral Trade Everyone’s Missing
PRO
Research Report
Time Sensitive: The 4x Market-Neutr...Opportunities like this are rare in crypto. Most launches are driven by hype or speculation with no ...
11 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025