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Thiel-Funded Seasteading Institute Cutting Deal For First Floating City

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Oakland nonprofit the Seasteading Institute, a group devoted to the development of floating colonies adrift from the oppressive moorings of society, has announced its dreams are closer than ever to reality. As soon as 2017, the institute hopes to break ground — er, ocean? — on its first seastead off the coast of French Polynesia in the South Pacific, Business Insider writes.

“We look forward to working with French Polynesia to develop floating islands that will benefit our host country and our international community of seasteaders,” Randolph Hencken, the Seasteading Institute’s executive director, said according to a press release. “With numerous protected waters where we could station the first pilot platforms, French Polynesia offers many optimal locations for seasteading from an engineering point of view.” – READ MORE

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