{"id":528199,"date":"2025-04-10T10:21:25","date_gmt":"2025-04-10T00:21:25","guid":{"rendered":"https:\/\/dmarge.com\/?p=528199"},"modified":"2025-04-10T10:21:43","modified_gmt":"2025-04-10T00:21:43","slug":"tech-billionaire-ai-future-city","status":"publish","type":"post","link":"https:\/\/dmarge.com\/luxury-lifestyle\/tech-billionaire-ai-future-city","title":{"rendered":"Tech Billionaire Unveils Plans For Insane AI-Powered City Of The Future"},"content":{"rendered":"<ul class=\"wp-block-list\"><li><strong>29-year-old entrepreneur Dryden Brown secures massive funding for futuristic city-state Praxis.<\/strong><\/li><li><strong>The project aims to blend Western values with cutting-edge blockchain and AI technology.<\/strong><\/li><li><strong>Global network of 14,000 \u201cPraxians\u201d already supporting the ambitious urban development.<\/strong><\/li><\/ul><p>At a time when tech billionaires are buying up land and countries are racing to build carbon-free cities, one 29-year-old entrepreneur, Dryden Brown, thinks he\u2019s cracked the code for a futuristic city. His blueprint is a crypto-powered, AI-fuelled city-state named <a target=\"_blank\" href=\"https:\/\/en.wikipedia.org\/wiki\/Praxis_(proposed_city)\" rel=\"noreferrer noopener\">Praxis<\/a> \u2014 a place where digital infrastructure meets old-school Western values, and innovation is filled in the streets.<\/p><p>The concept might sound like sci-fi, but Dryden Brown already has $525 million USD (~$850 million AUD) secured to make it real. And if he gets his way, Praxis won\u2019t just be another city. It\u2019ll be a Network State \u2014 a digital-first society that will be governed by smart contracts and held together by belief, blockchain, and perhaps a bit of bravado.<\/p><h2 class=\"wp-block-heading\" id=\"h-a-vision-of-tomorrow-s-city\">A Vision of Tomorrow\u2019s City<\/h2><p>Praxis was founded back in 2019, and it isn\u2019t trying to be the next Dubai or Singapore. It\u2019s trying to be something entirely different: a city born from the internet, where technology and community evolve together with minimal regulatory barriers. Brown sees it as a sandbox for next-gen tools like AI, crypto, and biotech \u2014 a place where innovators can build faster and without constantly running into \u201cthat\u2019s not allowed.\u201d<\/p><p>And Brown\u2019s got some serious creative muscle behind his idea, too. Zaha Hadid Architects, who are known for their gravity-defying, future-forward designs, are helping sketch out the design of Praxis to shape it into a place as visionary in form as it is in function.<\/p><figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"926\" height=\"1390\" src=\"https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone.jpg\" alt=\"\" class=\"wp-image-528201\" srcset=\"https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone.jpg 926w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone-640x960.jpg 640w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone-426x640.jpg 426w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone-768x1153.jpg 768w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone-255x383.jpg 255w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Carly-Stone-480x721.jpg 480w\" sizes=\"auto, (max-width: 480px) 400px, (max-width: 640px) 600px, (max-width: 768px) 700px, (min-width: 769px) 800px, 1000px\" \/><figcaption class=\"wp-element-caption\">Dryden Brown secures $525 million to build the world\u2019s first crypto-powered, AI-fuelled city-state, Praxis. Image: Carly Stone<\/figcaption><\/figure><h2 class=\"wp-block-heading\" id=\"h-funding-the-future\">Funding the Future<\/h2><p>If you\u2019re wondering who\u2019s willing to gamble half a billion dollars on a city that doesn\u2019t exist yet, the answer is GEM Digital \u2014 a Bahamas-based crypto investment firm that\u2019s chipping in $500 million USD. Another $25 million USD is coming from Arch Lending, which is a group that backs large-scale, risk-heavy ventures. But this isn\u2019t just a blind bet. The funds will be released in phases and are tied to clear milestones. Brown explains:<\/p><p>\u201cUpon witnessing institutions like BlackRock\u2019s commitment to crypto, we designed a mechanism to finance large-scale projects using RWAs, in collaboration with Global Emerging Markets and Arch Lending for the largest new city development project in the Middle East.\u201d<\/p>                <div class=\"row row-center collapse\">\n                    <div class=\"column\">\n                        <div class=\"dmg-ad\"><div id=\"incontent-1266104171\" class=\"ad-container\"><script type=\"text\/javascript\">var load_475734698 = function () {googletag.cmd.push(function () {var slot_475734698 = googletag.defineSlot(\"\/1017963\/DMarge\/incontent\",[[250,250],[300,100],[300,250],[320,100],[336,280]],\"incontent-1266104171\").addService(googletag.pubads()).setTargeting('refresh', 'true');if (gamData && gamData.sizeMap && gamData.sizeMap.hasOwnProperty('incontent')) {slot_475734698.defineSizeMapping(gamData.sizeMap['incontent']);}googletag.display(\"incontent-1266104171\");});};adsQueue.push(load_475734698);<\/script><\/div><\/div>                    <\/div>\n                <\/div>\n                    <div class=\"content-subscribe\">\n        <div class=\"subscribe-box\">\n            <p class=\"subscribe-title\">Curated news for men, <br\/>delivered to your inbox.<\/p>\n            <form class=\"subscribe-form\" method=\"POST\">\n                <div class=\"subscribe-input\">\n                    <label class=\"screen-reader-text\" for=\"subscribe-email\">Email:<\/label>\n                    <input type=\"email\" name=\"email\" id=\"subscribe-email\" placeholder=\"Enter your email\" required class=\"form-control\" autocomplete=\"on\" \/>\n                    <button type=\"submit\" class=\"button button-primary subscribe-button\">Sign Up<\/button>\n                    <input type=\"hidden\" name=\"source\" value=\"article\" \/>\n                    <input type=\"hidden\" id=\"_wpnonce\" name=\"_wpnonce\" value=\"e2df992756\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/posts\/528199\" \/>                <\/div>\n                <div class=\"form-result\"><\/div>\n            <\/form>\n            <p class=\"subscribe-copy\">Join the DMARGE newsletter \u2014 Be the first to receive the latest news and exclusive stories on style, travel, luxury, cars, and watches. Straight to your inbox.<\/p>\n        <\/div>\n    <\/div>\n    <h2 class=\"wp-block-heading\" id=\"h-building-tomorrow-today\">Building Tomorrow Today<\/h2><p>Many people are wondering where Praxis is being built, but Brown is keeping the final location under wraps, although negotiations are reportedly underway with landowners in Latin America and the Mediterranean. Wherever it ends up, Praxis will cover about 1,000 acres and house up to 10,000 people. It\u2019ll operate in a special economic zone \u2014a kind of regulatory free pass \u2014 to attract global talent and give the city room to experiment.<\/p><figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"1400\" src=\"https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-2-1400x1400.jpg\" alt=\"\" class=\"wp-image-528202\" srcset=\"https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-2-1400x1400.jpg 1400w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-2-960x960.jpg 960w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-2-640x640.jpg 640w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-2-768x768.jpg 768w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-2-480x480.jpg 480w\" sizes=\"auto, (max-width: 480px) 400px, (max-width: 640px) 600px, (max-width: 768px) 700px, (max-width: 1024px) 800px, (min-width: 1025px) 1000px, 2048px\" \/><figcaption class=\"wp-element-caption\">Praxis is designed to revolutionise urban life with blockchain governance and cutting-edge technologies. Image: Praxis<\/figcaption><\/figure><p>Already, over 14,000 people, who are being called \u201cPraxians,\u201d have signed on to be part of the movement. That\u2019s more than just a fan base; it\u2019s a global community that is ready to shape the city\u2019s culture and ideas before even a single brick is laid.<\/p><p>Unlike traditional cities that are governed by paperwork and political gridlock, Praxis plans to run on code. Literally. Governance, infrastructure, and day-to-day services will rely on blockchain systems, which will enable automated resource allocation via smart contracts, real-time energy usage controlled by AI, and fully digital ID systems for residents.<\/p><figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"933\" src=\"https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-1-1400x933.jpg\" alt=\"\" class=\"wp-image-528203\" srcset=\"https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-1-1400x933.jpg 1400w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-1-960x640.jpg 960w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-1-640x427.jpg 640w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-1-768x512.jpg 768w, https:\/\/dmarge.com\/wp-content\/uploads\/2025\/04\/Praxis-1-480x320.jpg 480w\" sizes=\"auto, (max-width: 480px) 400px, (max-width: 640px) 600px, (max-width: 768px) 700px, (max-width: 1024px) 800px, (min-width: 1025px) 1000px, 2048px\" \/><figcaption class=\"wp-element-caption\">Over 14,000 global \u201cPraxians\u201d are already signed up to shape the future of the digital-first city. Image: Praxis<\/figcaption><\/figure><p>The tech doesn\u2019t stop there, though. Praxis also wants to embed 6G networks, renewable microgrids, AR-enhanced public spaces, and autonomous transportation into its foundation. Homes will be smart thanks to IoT device,s and streets will be responsive. The entire urban experience will be one giant upgrade from the slow, crumbling cities we\u2019ve come to expect.<\/p><p>But will this idea actually come to life? There is some scepticism among critics who point to the usual problems, such as over-reliance on volatile crypto markets, the complexity of building from scratch, and some past stories about smart cities that ended up never happening. Still, Brown\u2019s ability to secure serious funding suggests that the dream is more than just PowerPoint slides and X threads. If Praxis pulls it off, it could become a blueprint for how we think about cities in the digital age\u2014not just as places to live, but as platforms to build on.<\/p>","protected":false},"excerpt":{"rendered":"<p>14,000 have already signed up to live in this tech-bro&#8217;s fever dream city.<\/p>\n","protected":false},"author":101118,"featured_media":528200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","footnotes":""},"categories":[146501],"tags":[],"coauthors":[146480],"class_list":{"0":"post-528199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-luxury-lifestyle"},"acf":[],"_links":{"self":[{"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/posts\/528199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/users\/101118"}],"replies":[{"embeddable":true,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/comments?post=528199"}],"version-history":[{"count":0,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/posts\/528199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/media\/528200"}],"wp:attachment":[{"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/media?parent=528199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/categories?post=528199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/tags?post=528199"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/dmarge.com\/wp-json\/wp\/v2\/coauthors?post=528199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}