Blockchain firm aims to build crypto city in Nevada desert
CEO Jeffrey Berns says the smart city could incorporate digital currency payments for goods and services as well as records on the blockchain. Blockchain incubator and investment firm Blockchains LLC is stepping up its plans to build a smart city in the Nevada desert east of Reno.In an interview with the Associated Press released Saturday, Blockchains CEO Jeffrey Berns said he had asked the state of Nevada to let him form a local government on the 67,000 acres the firm owns in Storey County. If his petition is successful, the blockchain firm would be allowed to operate as an “innovation....
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A crypto “smart city” could become a reality in Nevada’s desert, as a blockchain firm applied to make it possible. The investment company asked the state of Nevada to form a local government in Storey County. Crypto City Aims to Host 33 Million Square Feet of Commercial Space According to a report published by the Associated Press, Blockchains LLC wants to build the crypto city within its 67,000 acres of land located in Reno’s east. But the application is not limited to Blockchains LLC. The firm’s CEO, Jeffrey Berns, wants that local authorities grant other....
Black Rock City excludes buying and selling by definition. Rising from the Nevada desert for the annual Burning Man festival, it's a temporary community where rental van logos are covered to avoid commercialism and where a bike ride might net you a free dance lesson or a grilled cheese sandwich from a billionaire, but no shopping. So what is a cryptocurrency camp doing at Burning Man, an event where even bartering is deemed too capitalistic? Relax. It's dogecoin. Late-model burgundy caravan. In the official Burning Man database, the camp is registered as Camp Bitcoin. But after hatching a....
The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said. Reno, the closest major city to the famous art festival Burning Man, is developing its own decentralized autonomous organization, or DAO, and a token in partnership with Tezos.Mayor Hillary Schieve announced the city’s plans to create the Reno DAO in a Thursday Tez Talks podcast hosted by the Tezos Commons Foundation.The city will build its Reno DAO and Reno Coin on top of the Tezos blockchain network in order to monetize art objects and pieces as well as....
South Korea's 'Blockchain' city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development.Sam Bankman-Fried’s FTX will assist in creating the Busan Digital Asset Exchange as per an official statement from the Busan Metropolitan City on Aug. 30. The Bahamian-based firm will also support the city in fostering the growth of the local blockchain industry.Busan City will make use of FTX’s....
Another futuristic cryptocurrency city will be built in Africa, Senegalese-American star Akon has announced. The government of Uganda will make land available to him for the construction of the new crypto city. The akoin cryptocurrency will be used in the city, similar to how it will be in Akon City, the $6 billion “real-life Wakanda” that is currently being constructed in Akon’s home country. Second Akon City to Launch in Uganda Senegalese-American star and philanthropist Akon, whose real name is Alioune Badara Thiam, announced last week his plan to build a second....