The billionaire founder of PayPal, Peter Thiel, is one of the driving forces behind the Seasteading Institute, which has announced it has struck a deal that can yield the first floating city by 2020.
The Drudge Report, Britain’s Daily Mail and a host of media are covering the announcement that this first semi-autonomous floating city-state, will be built in the Pacific Ocean, off the island of Tahiti.
“Floating islands would feature aquaculture farms, healthcare, medical research facilities, and sustainable energy powerhouses,” per the Daily Mail.
The videos shown are by the Seasteading institute. They don’t specify that the housing will be modular, but a related article on Wikipedia stated that modular construction is what will be used.
The nonprofit Seasteading Institute, which hopes to “liberate humanity from politicians,” stated the Daily Mail. What are the odds of that happening?
Its founders point to the Kevin Costner movie, WaterWorld, as part of the inspiration for the environmentally sustainable plans.
“A feasibility report by Dutch engineering firm Deltasync said the square and pentagon platforms would measure 164ft (50metres) in length and they would have 164 ft-tall (50 metre) sides to protect buildings and residents,” per the Daily Mail.
From 250 to 300 people will be the first residents, and the platforms that will hold the structures are projected to last for up to 100 years.
Theil was a noted supporter of then candidate Donald J. Trump in the 2016 election cycle. ## (News, analysis, commentary.)
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com