Tron founder Justin Sun has been elected prime minister of Liberland, a self-declared sovereign micro-state located between Croatia and Serbia.
Tron founder Justin Sun has been elected prime minister of Liberland, a self-declared sovereign micro-state located between Croatia and Serbia. The election was held on October 5th entirely using blockchain technology.
The 2.7 square mile micro-state is home to entrepreneurs Evan Lutra, journalist Gillian Gosi, Croatian politician and former parliamentarian Ivan Pernal, and IT expert Dorian Stern Vukotic, among others. VIPs were also invited to the assembly. Liberland state officials have emphasized the transparent and algorithmic nature of the elections, saying the model could be emulated in the future.
“This system has the unique ability to eliminate doubts about election results, a challenge faced by many countries that still rely on traditional methods,” Liberland state representatives said. There is,” he said. “We hope to be a pioneering example of what will soon become common practice.”
Sun’s selection as micro-state leader adds to a growing trend among crypto enthusiasts and industry executives who are toying with the concept of a “networked state” popularized by former industry executive Balaji Srinivasan. It shows that. In a networked state, a geographically dispersed state utilizes blockchain technology and private land to act as a sovereign power.
The establishment of Liberland is not without precedent. BitNation became the first crypto micro-state to unilaterally declare sovereignty in 2014. Since then, a number of projects have emerged, ranging from inland sites such as Liberland to proposals for an offshore facility known as Seastead. Although still purely theoretical, these floating cities represent a rather bold vision of a sovereign state built on the high seas.
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