October 2026
Project table
| Project | Location | Legal vehicle | Backers | Status (Oct 2026) | Sources |
|---|---|---|---|---|---|
| Pronomos Capital (fund) | US | VC fund for charter cities (Patri Friedman, 2019) | Thiel (anchor, "more than half" of the first ~$9M), Andreessen, Balaji Srinivasan, Roger Ver; at least $13.3M raised. Partner Michael Gibson was formerly at the Thiel Foundation | Portfolio: Próspera, Praxis, Alpha City, Itana/Talent City (Nigeria), Afropolitan, Yung Drung City, Small Farm Cities, Metropolis | Pronomos portfolio, people, Bloomberg/Medium, Daily Beast [V-s] |
| Próspera | Roatán, Honduras | ZEDE (2013 law) plus a "Legal Stability Agreement" with 50-year guarantees | Pronomos and others; US claimants Honduras Próspera Inc. and St. John's Bay Development Co. | ZEDE law repealed unanimously (Apr 2022); Supreme Court ruled ZEDEs unconstitutional (20 Sept 2024). ICSID ARB/23/2 under CAFTA-DR pending on the merits (details below). Honduras left ICSID in Aug 2024 and rejoined on 16 Aug 2026 under President Asfura (Trump-endorsed, took office 27 Jan 2026), with no new ZEDE policy announced | ICSID case page, PO6, Rio Times, TopDisputes [V-s] |
| Praxis (Dryden Brown) | Was "the Mediterranean"; pitched Greenland (2024); Colonia, Uruguay (2026) | Network-state startup; says it will operate under Uruguayan law | Pronomos, Joe Lonsdale, Balaji; FTX/Alameda/Paradigm in earlier rounds; "$525M" milestone financing (Oct 2024) | Non-binding deal for about 350,000 m² inside the +Colonia megaproject; land acquisition expected by late 2027. Brown met President Orsi. Local MPP politicians warned it must follow national law | The Block, TechCrunch, Montevideo Portal, la diaria [V-s] |
| Greenland "Freedom City" | Greenland | Proposal only | Investors pitching it; Thiel and Andreessen reported supportive; Ken Howery (Thiel's Founders Fund co-founder, Musk friend, ambassador to Denmark) "taking it seriously" | No project. The Sept 2026 US–Denmark–Greenland deal covers bases only, with no land or mining rights | Reuters exclusive, 10 Apr 2025, USA Today syndication [V-s] |
| Network School (Balaji Srinivasan) | Forest City, Johor, Malaysia → Kazakhstan | Private residential campus | Balaji | Ordered to cease operations in July 2026 after its Malaysian business licence was revoked; relocated to Kazakhstan | CNA, Business Insider [V-s] |
| Starbase | Cameron County, Texas | Ordinary Texas municipal incorporation | SpaceX (employees are most voters) | Incorporated after a 212–6 vote (May 2025) | Cameron County results, TechCrunch [V-s] |
| California Forever (Flannery Associates) | Solano County, California | Pivoted from a 2024 county ballot measure to annexation by Suisun City (22,873 acres) plus a shipyard and manufacturing hub | Tech investors incl. Andreessen [R for the full investor list] | Environmental review still at the notice stage (Nov 2025); no draft by Sept 2026. Hired Steinberg and Hertzberg to seek state fast-track legislation; pays the city $10M if the annexation is approved | CalMatters Jun 2026, CalMatters Aug 2026 [V-s] |
| US "Freedom Cities" | Federal BLM land, western states | Agenda47 pledge (2023); AEI/Charter Cities Institute proposal (Sept 2025) for 20 cities on 520 sq mi | Think tanks | No executive order or law found; advocates pushed for a July 4, 2026 announcement | AEI working paper, Inquirer [V-s] |
| Gaza "GREAT Trust" | Gaza | US-led "custodianship" for ≥10 years; land swapped for "digital tokens"; 6–8 "AI-powered smart cities"; "Gaza Trump Riviera"; "Elon Musk Smart Manufacturing Zone"; "MBS Ring" and "MBZ Central" highways | Israeli businessmen behind GHF; BCG modelling (BCG later said the work was unauthorized and fired the partners); two Tony Blair Institute staff in project calls | Circulated in the administration (2025). The Oct 2025 ceasefire and the Board of Peace replaced it with a governance track [R for whether it's superseded] | WaPo PDF of the prospectus, WaPo (archive), FT (archive), Guardian, Reuters [V-s] |
| Afropolitan, Itana, Alpha City | Africa (Nigeria etc.) | Digital residency, free-zone partnerships | Pronomos portfolio | Listed; no status check this pass [U] | Pronomos portfolio [V-s] |
| Bitcoin City (El Salvador); Argentina's RIGI investment regime | — | — | — | Not checked [U]. Infobae (Sept 2026) mentions a $1B "refuge" smart city by a Milei-adjacent businessman "after Thiel" (Infobae); a lead | [U] |