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CALIFORNIA | Peter Thiel, PayPal co-founder and former financial backer one of Facebook, investing $ USD1, 25 million in a project 'otopia island'.
Funds amounting to USD1, 25 million has been invested by Thiel to Seasteading Institute, devoted to several new countries in the island resembles a giant ship. The ship itself will be located in the middle of international waters.
'The island moves', as it was written by the site Details, will try the ideas of libertarian governance. "Free from regulation, law, and the norm, different from countries that already exists. First on the island will be built a small town, which is expected to be inhabited by millions of people in 2050," he explained.
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