The Seasteading Institute has also come to appreciate that the middle of the ocean is less inviting than early renderings suggest. It now hopes to find shelter in calmer, government-regulated waters. According to its most recent vision statement, “The high cost of open ocean engineering serves as a large barrier to entry and hinders entrepreneurship in international waters. This has led us to look for cost-reducing solutions within the territorial waters of a host nation.”
Update from WIRED, May 2015:
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