City DAO

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= "a DAO with legal status under the Wyoming DAO law trying to create entirely new cities from scratch".


"We're building a city on the Ethereum blockchain. It all starts with collective governance of a real parcel of land in Wyoming on chain."


Vitalik Buterin:

"CityDAO is the most radical of the experiments: Unlike Miami and Reno, which are existing cities with existing infrastructure to be upgraded and people to be convinced, CityDAO a DAO with legal status under the Wyoming DAO law (see their docs here) trying to create entirely new cities from scratch.

So far, the project is still in its early stages. The team is currently finalizing a purchase of their first plot of land in a far-off corner of Wyoming. The plan is to start with this plot of land, and then add other plots of land in the future, to build cities, governed by a DAO and making heavy use of radical economic ideas like Harberger taxes to allocate the land, make collective decisions and manage resources. Their DAO is one of the progressive few that is avoiding coin voting governance; instead, the governance is a voting scheme based on "citizen" NFTs, and ideas have been floated to further limit votes to one-per-person by using proof-of-humanity verification. The NFTs are currently being sold to crowdfund the project; you can buy them on OpenSea."