Seasteading Institute - Designing World's First Floating City

[Chef Ramsay]

SI has been around for years but it appears they have their first worthwhile idea that may be being implemented.
http://www.youtube.com/watch?feature=player_embedded&v=xoxOpsAgfVA
BTC could be meshed in if this ever pans out.

http://www.indiegogo.com/projects/designing-the-world-s-first-floating-city
Edit: don't know how to embed vids here

[atomium]

isnt this similar to another project called blueseed or something like that?