Calling all bright entrepreneurs with a knack for business! The Seasteading Institute is launching a contest that will allow you to create a plan to settle a new horizon – literally – in the ocean. Entrants in the contest must submit drafts of commercial business ventures that will thrive on a platform 25 miles off the coast of a large first-world city, like Miami or Shanghai. Participants must assume the legal and regulatory environment is exactly what is needed for them to run the business as efficiently as possible. It is an opportunity to think outside the box – to produce a real example of the potential of a market environment on a politically autonomous ocean platform.
“Seasteads” are essentially homesteads on the high seas. They provide a tangible means for people to freely experiment with new policies and regulation and to customize the environment to the needs of their commercial and residential customers. The project, which has gained international media attention, provides a new frontier for experimenting with new social and political systems outside the rules set on land by governments.
Semi-finalists will be given the opportunity to present their idea to investors and an invitation to join the Commercial Seasteading Network. The First Place prize is $2,500!
There is no entry fee. Submissions are due October 8! Find out all details here!
