There’s a lot that can and should be improved with cities, and a lot of opportunities; despite the challenges, crypto cities broadly are an idea whose time has come.
One interesting trend of the last year has been the growth of interest in local government, and in the idea of local governments that have wider variance and do more experimentation. Over the past year, Miami mayor Francis Suarez has pursued a Twitter-heavy tech-startup-like strategy of attracting interest in the city, frequently engaging with the mainstream tech industry and crypto community on Twitter. Wyoming now has a DAO-friendly legal structure, Colorado is experimenting with quadratic voting, and we’re seeing more and more experiments making more pedestrian-friendly street environments for the offline world. We’re even seeing projects with varying degrees of radicalness – Cul de sac, Telosa, CityDAO, Nkwashi, Prospera and many more – trying to create entire neighborhoods and cities from scratch.
Another interesting trend of the last year has been the rapid mainstreaming of crypto ideas such as coins, non-fungible tokens and decentralized autonomous organizations (DAOs). So what would happen if we combine the two trends together? Does it make sense to have a city with a coin, an NFT, a DAO, some record-keeping on-chain for anti-corruption, or even all four?
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