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Billionaires dream of building utopian techno-city in Greenland
The 'freedom city' is the latest effort to create stateless cities with minimal corporate regulation.
That’s according to a report from Reuters, which details a proposed effort to establish a new, libertarian-minded municipality characterized by minimal corporate regulation and a focus on accelerating emerging technologies like AI and mini nuclear reactors. The so-called “start-up city”—which bears similarities to another ongoing venture in California’s Solano County —reportedly already has the backing of PayPal founder Peter Thiel and Ken Howery, President Donald Trump’s pick for Denmark ambassador. Praxis is a self-described “internet-native nation” crypto startup with a stated goal of “restor[ing] Western civilization,” and has reportedly received over $525 million in funding to start building out new cities.
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