Common space that is owned by a proprietor who receives funds from residents owning private vessels. This proprietor needs to pay exit costs for dissatisfied tenants which incentivizes high-quality governance built on a decentralized, entrepreneurial governance mode.
Proponents: The Seasteading Institute
For further interest on this topic:
| Reason for intervention | |
|---|---|
| Institutional impact | Decentralization of governance, decentralization of democracy, erosion of taxation monopoly |
| Governance level | |
| Maturity | |
| Radicality | |
| Legitimacy decision | |
| Background |