Praxis Plans An AI City: Private Community Raises Governance Questions | WION News

Praxis, a crypto-backed startup led by CEO Dryden Brown, plans to build a $1 billion AI-powered city in Uruguay near Colonia del Sacramento, targeting resident settlement by mid-2027. The project proposes AI-augmented governance and tokenized citizenship rights through its proprietary PRAX token, though it faces scrutiny over funding realities and its legal subordination to Uruguayan sovereignty.

#praxis #uruguay #wion

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