Lower than a 12 months in the past, we realized {that a} bunch of Bay Space tech billionaires had their sights set on making a model new metropolis out of 1000’s of acres of California farmland. The so-called California Forever project, initially introduced final August, has captured the world’s consideration with its god-like ambitions and spectacular monetary backing. With help from the likes of Marc Andreessen and Reid Hoffman, the challenge has an ample monetary struggle chest and a veritable military of individuals working time beyond regulation to ensure that this pipe-dream-esque idea turns into a actuality.
However can they pull it off? To be sincere, the prospects look dim. For one factor, no personal group has constructed a metropolis from scratch since…I’m unsure when. For one more factor, if the folks behind the challenge are recognized for his or her skill to build up wealth, they aren’t precisely recognized for his or her clear-eyed realism. In spite of everything, half of them have spent years telling us how cool crypto is.
That stated, they appear severe sufficient concerning the challenge’s completion that you just’d be tempted to provide them the good thing about the doubt. Because the challenge’s improvement nears a crucial juncture, we determined to have a look again at every thing that’s occurred up till this level. Right here’s a fast rundown on the place the California Eternally challenge’s been to this point, and the place it is perhaps headed.
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