- Dryden Brown, a 29-year-old entrepreneur, ensures the practical mass funding of a futuristic city country.
- The aim of the project is to blend the Western values with the cutting-edge block chain and AI technology.
- The global network, consisting of 14,000 practitioners, already supports ambitious urban development.
At the same time, when Tech billionaires Buying land and countries compete for carbon-free cities, one 29-year-old entrepreneur Dryden Brown thinks he has cracked code A futuristic cityTo. His design is a cryptocurrency, ai fueled by a city named AI Practice -The place where the digital infrastructure corresponds to the Western values of the old school, and innovation is filled on the streets.
The term may seem like Sci-Fi, but Dryden Brown already has $ 525 million (~ $ 850 million AUD) to make it real. And when he gets his way, Praxis is just not another city. This is the first society of the network-digital society that is governed by smart contracts and is kept together by beliefs, blockchain and possibly a bit of bravado.
A vision of tomorrow's city
Praxis was founded in 2019 and does not try to be the next Dubai or Singapore. It tries to be something completely different: a city born from the Internet where technology and community develop with minimal regulatory barriers. Brown sees it as a sandbox for the next generation of tools like AI, Crypto and Biotech, where innovators can build faster and constantly get “it's not allowed”.
And Brown also has a serious creative muscle behind his idea. The architects of Zaha Hadid, who are known for their gravity defying, forward -looking designs, help to sketch in Praxis design to design it as a visionary, as it is in the function.
Funding of the future
If you have a question who is willing to play half a billion dollars on the city, which is not yet, the answer is a crypto investment company on the GEM Digital-Bahama site, which is $ 500 million in USD. Another $ 25 million is from Arch Laend, a group that supports large -scale risks. But that's not just a blind contribution. The funds are released in phases and are related to clear milestones. Brown explains:
“After witnesses such as Blackrock's commitment to Cryptole, we designed the mechanism to finance large-scale projects with RWAS in collaboration with global evolving markets and the architectural development project of the Middle East.
Tomorrow today
Many people wonder where Praxis is being built, but Brown keeps the final location under the windings, although there are allegedly negotiations with Latin American and Mediterranean landowners. No matter where it reaches, Praxis covers about 1000 acres and accommodates up to 10,000 people. It works in a special economic zone – a kind of regulatory free pass – to attract global talent and give urban space for testing.
There are already over 14,000 people called practitioners. It's more than just a fan base; It is a global community ready to design the culture and ideas of the city before even a single brick is set.
Unlike traditional cities governed by the paper industry and the political network, Praxis plans to run for a code. Literally. Management, infrastructure and daily services are based on chip circuit systems that allow the distribution of automated resources through smart contracts, real-time energy consumption, and completely digital ID systems for residents.
However, the technique does not stop there. Praxis also wants to administer 6G networks, renewable micro nets, AR advanced public spaces and autonomous transport to its foundation. Homes are smart thanks to the Internet of Things, S and the streets react. All city experience is one of the giant versions of the slow, the crumbling cities we expect.
But does this idea actually come to life? Critics include skepticism that point to common problems, such as excessive dependence on volatile crypto markets, complexity of zero construction, and some previous stories about smart cities that ended will never happen. However, Brown refers to the ability of serious funding that the dream is more than just PowerPoint slides and x threads. When Praxis pulls it off, it can change in the digital -era cities – not only residences, but also as platforms to rely on.
