World's first floating nation with its own government and cryptocurrency by 2022

[VenturaBro]

I realize it sounds like scam and fantasy but I thought it would be fun to speculate

"The plans will see the sea-bound city state, with 300 homes as well as a handful of hotels, restaurants, offices and more, built in the Pacific Ocean off the island of Tahiti.

Bankrolled by PayPal founder Peter Thiel, the £37 million ($50 million) project is a pilot program in partnership with the government of Polynesia and is championed by a movement of academics, philanthropists and investors.

In a new interview, Nathalie Mezza-Garcia, a political scientist and researcher for the Floating Island Project, says the island's residents will be free of 'fluctuating geopolitical influences and trade issues' and claimed the nation could one day house refugees displaced by climate change."

There's a concept video and images inside here http://www.dailymail.co.uk/sciencetech/article-5744547/Worlds-floating-nation-government-cryptocurrency-launch-2022.html

What do you think?

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[manlyxman]

Thought this part was interesting:

"The £37 million ($50 million) plans will see the sea-bound city state, with 300 homes as well as a handful of hotels, restaurants, offices and more."

It's interesting that all this from $50M. And a lot of ICOs are asking for the same amount makes me wonder how they really spend it.

[Xioma]

Sounds like a rich people's tax haven island

Though it's interesting to watch from afar.