Impact startupHousingStage unknown
Praxis
Praxis is a project that bills itself as the world's first 'Network State'. It is developing a first phase in Uruguay, near Colonia del Sacramento, with residences, a resort and shared creative spaces. Local reporting projects US$1 billion of investment over three years.
Founded
2019
Who it reaches
Residents and visitors of the planned first phase in Uruguay, near Colonia del Sacramento.
Key facts
- Founded
- 2019source
- Funding
- announced it has secured $525 million to build a tech-forward citysource
- Uruguay project
- first phase with +Colonia near Colonia del Sacramento, including residences, a resort and shared creative spacessource
- Planned investment
- US$1 billion of investment over three years, as projected in local reportingsource
- First residents
- expected in 2027source
WYDE coverage of Praxis
Sources
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