"Praxis, a crypto-backed startup led by CEO Dryden Brown, plans to build a $1 billion AI-powered city in Uruguay near Colonia del Sacramento, targeting resident settlement by mid-2027.
The project proposes AI-augmented governance and tokenized citizenship rights through its proprietary PRAX token, though it faces scrutiny over funding realities and its legal subordination to Uruguayan sovereignty."
#uruguay #ai #praxis #latinamerica
"Praxis, a crypto-backed startup led by CEO Dryden Brown, plans to build a $1 billion AI-powered city in Uruguay near Colonia del Sacramento, targeting resident settlement by mid-2027.
The project proposes AI-augmented governance and tokenized citizenship rights through its proprietary PRAX token, though it faces scrutiny over funding realities and its legal subordination to Uruguayan sovereignty."
#uruguay #ai #praxis #latinamerica