Exactly two months have passed since the previous issue, let’s go through the news.
On May 24, a libertarian flag was raised over MTL-city. I hope this is not just a morale-boosting action, but also a declaration of intent to protect the territory from state encroachments; otherwise, the Montelibero flag should have been raised instead of the Gadsden flag with the snake.
I wrote that in MTL-city they promised to deliver the first apartments by summer. Well, we can conditionally consider the promise fulfilled: on May 28, the first apartment owner in MTL-city moved into their home. He worked on the construction site himself, including finishing his own apartment, which is why he moved in first, even before the full formal completion of the work.

In the last issue, I lamented that with current construction prices, I wouldn’t have enough money, and now I am forced to put my small plot of land up for sale.

The plot of 202 sq.m is conveniently located right in the geometric center of MTL-city. Communications are brought in from below, which means greater convenience for connection to the sewage system. The main road runs along the plot, which facilitates access—no need to maneuver through narrow internal paths. There are two oak trees on the plot that create extensive shade (very relevant in summer), and if there is a desire to build on a large scale, they can be cut down and sold for firewood. The plot is also burdened with a debt of 2,055 euros for the payment of general infrastructure construction. Price: 8,000 euros (including the encumbrance, it will be 10,055). Installments are possible. Contact via DM.
Montelibero was presented at two major conferences: Zuzalu (a posh gathering in Luštica Bay, with honorary citizen of Montenegro Vitalik Buterin, Dritan Abazović, who is spending his final days as the Prime Minister of Montenegro, and other famous guys like Titus Gebel) and Edcon (a two-day cryptocurrency conference, also with Buterin and various Ethereum startups). As a result, we have a number of business contacts plus an increased probability that MTL-city will have fewer problems with the legalization of buildings.
The Montelibero Wallet, which is a Telegram bot, has made significant progress in its functionality. It already supports multi-accounting, trading is possible through it (though Lobstr still has a more convenient interface for this), it is equipped with special tools for MTL fund shareholders, but most conveniently—it is now possible to deposit/withdraw funds in USDT (TRC20) or Bitcoin (Lightning) through it. That is, if before I deposited bitcoins on-chain to the fund’s wallet, and then the fund officially issued BTCMTL tokens against them, processing the decision via multi-sig, and this took a day—now the entire procedure of depositing Lightning in exchange for SATMTL tokens takes about five minutes, without involving live people in the exchange, and without commissions. The https://thothpay.com service is used for the exchange—which, by the way, was also created by Montelibero participants.



In anticipation of the yachting season, a yacht club was launched by Montelibero participants. Participants meet on Saturdays either in the first Montelibero club or in the Bar marina, and have the opportunity to order a yacht trip at discounted prices or undergo skipper training. EURMTL is accepted as payment.

The Montelibero podcast channel has become active; it currently features conversations about individual interesting employment cases in Montenegro (there are episodes about a chef and an electronics technician so far) and weekly reviews of the project’s news.