First Floating City

Photo credit: Bored Panda

It’s only a matter of time before humans build actual floating cities, and this one, by Seasteading Institute, could be the first. “If you could have a floating city, it would essentially be a start-up country. We can create a huge diversity of governments for a huge diversity of people,” said Joe Quirk, president of the Seasteading Institute. They would be just like their land-based counterparts, and include homes, hotels, offices, and restaurants. Continue reading for more pictures and information.

First Floating City

“Quirk claimed that building this utopian offshore will cost about $167 million. The Seasteading Institute has already received seed funding from PayPal founder Peter Thiel, however for the next phase of the project the institute hopes to hold an ‘initial coin offering,’ a crowdfunding campaign which raises money by creating and selling virtual currency,” reports Bored Panda.

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