Don’t Like The Neighbours? Float Away With The Floating Island Project!
One of the liberties we can’t take as people renting or owning a property is picking neighbours. And when flanked on all sides by loud or particularly unsavoury ones, we can’t just pick up sticks and leave. For businesses, the very same is true, but specifically to gain more regulatory flexibility.
While many will stick to where their roots keep them, others now have a unique option. And that’s to cut the lines and float away, where? To Tahiti and French Polynesia according to new research! In a very sci-fi alternative to what traditionally happens. Researchers from Blue Frontiers and Seastanding Institute are proposing just that!
The Floating Island Project
Self-professed ‘Seavangelesse’, Nathalie Mezza-Garcia has long advocated for a life off the grid and on the ocean. Garcia has previously stated that if startups are looking for more freedom, they should move overseas. With the Floating Island Project, companies would be able to move to Polynesia, where it operates under its own legislation.
The project will see the development of over 300 homes, with users having access to its own cryptocurrency. The crypto, called Varyon, is being used for donations to the project by its interested partners. Overall, the island project is being used as a test for both companies and individuals looking to avoid international politics.
“This [Project] means there is stability, outside of fluctuating geopolitical influences, trade issues and currency fluctuations — it’s the perfect incubator.”
A Floating, Self-Governing Incubator
Effectively, the system allows the residents of the island system to self-govern, eliminating restrictions. It’s a project that has the ongoing global climate crisis in mind, with the idea transcending businesses, to refugees.
“Once we can see how this first island works, we will have a proof of concept to plan for islands to house climate refugees.”
The project is due to begin its test run in 2022 at a total cost of $50 million.