Seasteading Institute aims to build floating city by 2020

Gizmag

An organization in which Paypal founder Peter Thiel is an investor is aiming to build a floating city-state by 2020. The Seasteading Institute says semi-independent floating cities would provide an opportunity to try out new modes of government and could also tackle a number of other problems.The Seasteading Institute says the development of floating cities is the first step in fulfilling what it calls the "8 Great Moral Imperatives," which include feeding the hungry, enriching the poor, curing the sick, cleaning the atmosphere, restoring the oceans, living in balance with nature, powering civilization sustainably and and putting an end to fighting.