Praxis

Praxis is a New York startup that has spent years assembling an online membership community around the idea of founding a new city, and it has now selected Uruguay as the site of its first physical location. The launch marks the point where the project moves from concept to ground, with plans to develop a new tech-oriented enclave built inside +Colonia, a waterfront urban development site which adjoins Colonia del Sacramento . For founders, investors, and operators tracking network-state and charter-city experiments, this is one of the first to attach itself to a real land parcel with a construction timeline. The company was founded by Dryden Brown and Charlie Callinan , with Brown serving as CEO. Under the announced plan, Praxis intends to mobilise around $1 billion in investment over the next three years, with the first residents expected to move into the community by the middle of 2027 . The host site spans 515 hectares on the River Plate, with 7 km of coastline and 50% of its surface set aside for green space, positioning the development as both a residential waterfront and a base for people working in AI and crypto. Praxis frames itself as a digital nation rather than a conventional real estate play, describing an autonomous nation that uses AI to understand its members, coordinate shared goals, and improve with each campaign, guided by a constitution and human oversight, and powered by an AI token budget . Early caveats are worth noting for anyone evaluating the launch, since the agreement has been reported as largely non-binding, Praxis does not yet own the land it expects to develop, and its first residents would initially occupy existing +Colonia buildings . The Uruguay announcement is the concrete milestone that turns a long-running internet community into a project with a location, a partner, and a move-in date to hold it to.