Paypal billionaire Peter Thiel has pumped $1.25 million in to the project to help it become a reality.
In a plan that sounds like something out of the plot of popular video game Bioshock, the Seasteading Institute plan to build their floating city in international waters so that they and like-minded thinkers can live there in their own self-established ocean state.
"The Silicon Valley billionaire has funnelled $1. 25million to the Seasteading Institute, an organisation that aspires to launch a floating colony into international waters, freeing them and like-minded thinkers to live by libertarian ideals."
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Source: Daily Mail
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