Compare the 2 pictures, analyze the details, understand the business dynamics - picture1 what we have now, what is within the range of a feasible project and where you can get investors on board as a developer - picture2 what this will “evolve into” if the investors keep investing what would be reasonable.
what we can get now, what we can get investors on board already.
What we can get in a future when investors are happy with the outcome and keep investing.
critics:
I don’t define that as a seastead. It’s a marine business.
Your first picture is not a seastead, it’s just a floating dock which of course can be done today. There are hundreds of thousands of them. It is a “Marine Business”, not a “Seastead”.
The important point is DYNAMICS and POTENTIAL . It is clear that a city (floating or land based) will never materialize out of thin air in a “Singularity Event” financed by an “excentric investor”.
The evolution from picture one, to picture two, takes place in “small unspectacular steps” over a period of time. In no time a investor will percieve the development idea “far fetched” . Only if investors see the next step “very doable” and “highly reasonable” and “obviously profitable” they will stay in the boat.
If you can not make investors “stay in the boat” and “opt in” the project drifts inmediatly to “non feasibility”.
This is the reason why all seasteading projects proclaiming “singularity events to kick off seasteading” went down the drain - investors want evolution - not wild phantasy - based on upfront money streams that nobody is willing to supply.
You do not ask an investor to invest into a seastead that will materialize two decades from now. You ask him to invest into an “additional floating wharf” in a prospering marina. That will start to bring ROI in two months, be paid off in a year and then keep bringing ROI for 200 years - that is good business.
The oceanic business alliance is now at the end of phase1 looking for strong partners to develop phase 2
It is clear that a city (floating or land based) will never materialize out of thin air in a “Singularity Event” financed by an “excentric investor”.
Wrong. SpaceX pretty much materialized out of thin air. Hyperloop is going to materialize out of thin air. And pretty soon we may see global satellite internet thanks to a constellation of 700 or so cubesats that will materialize out of thin air. None of those evolved from one picture to the next…they came about as a “Singularity Event” thanks to an “excentric investor”. Seasteading just needs it’s own Elon Musk. I thought we had that at one point, but that turned out to be a bust.
investors want evolution - not wild phantasy
No, investors want profit and they don’t care how they get it. If you could show them a 25% ROI for a $1B seastead they would invest in it, evolution or no. Why do you think large capital investors constantly sink several million dollars into real estate projects like skyscrapers and huge commercial developments? Those aren’t evolutions from smaller projects…they’ve looked at the numbers and, if they think the risk is worth it, they make the investment.
And I’ll continue to argue that there is no evolution from a marina to a multi-billion dollar floating city. They are completely different types of projects, not just “small unspectacular steps” from each other? The TSI model isn’t just an “additional floating wharf in a prospering marina.” It is a completely different engineering, legal, and infrastructure problem.
A seastead, especially like the one in the TSI picture ellmer points to, is not just a marina towed out from land. And a Sea City is a completely different species entirely.
answer
-Space X, and Hyperloop are not building “cities” and “communities with populations”.
-Sure Investors want profits - and they want profits save without taking unneccesary risks in a “singularity event”
-Investors deliver large sums to skyscrapers and commercial developments because these are “proven business models” that always bring secured ROI they are safe to invest because they evolved from modest housing in relative small steps where no step was a “undue risk” and seemed to be the “logical next step” without much “singularity component” in the project.
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