@wittywizard
In February 2021, blockchain incubator and investment firm Blockchains LLC set out on an ambitious project to build a blockchain city. The company purchased over 67,000 acres of land for $170 million in the Nevada desert in Storey County, which it intended to turn into homes and business parks.
CEO Jeffrey Berns envisioned a city where residents would pay for goods and services in cryptocurrency. All information, including tax, medical and employment records, would be recorded onchain.