The Floating Island off Silicon Valley

As London’s East End hurries its Tech City toward being the European Silicon Valley, others have different ideas. Quite different ideas.

Enter Blueseed. Blueseed is a project which could manifest as a ship, or a “seastead” moored 11 miles off the coast of California in international waters – just enough to subvert any requirement for visas, to abide with tax laws, or any other irritations commonly associated with living on land these days. A billionaire sponsor, one of the founders of PayPal, is keen to beat the antiquated systems which he believes stifle innovation. It’s a bold scheme, set to cause quite a stir, and is winning the attention of many aspiring foreign entrepreneurs. [Take a look].

Who can say whether it’ll work, or what the implications could be. The TV license guys will probably track them down.