The Seasteading Institute periodically holds contests with cash and other prizes.
Most recently, we called on supporters to come up with viable business models that could be implemented aboard seasteads, and titled the contest “Sink or Swim.” Although there are currently no contests under way, we do plan to hold more in the future. Stay tuned for updates!
Sink or Swim Contest:
There are vast profit opportunities for businesses located on the ocean. To encourage would-be entrepreneurs to explore how best to take advantage of the unique regulatory and physical advantages of oceanic real estate, we launched the Sink or Swim business plan contest. Entrants assumed their businesses would exist as one of many businesses aboard a platform 25 miles off the coast of a large first-world city, such as Miami or Shanghai.
Ranging from aquaculture to outsourcing, from virtual jurisdictions to an orphanage for the gifted, our winners show the wide range of possible seasteading businesses from over 40 original contestants. Deciding on five winners from this group was not an easy choice, given the outstanding quality of the entries. Many thanks to everyone who participated, and to the contest co-sponsors HumanIPO and Premium Advice.
Seastead Design Contest:
May 1st was the close of our first 3-D design competition. We had a great level of participation, with 41 entries being submitted. More importantly, the quality of the entries was generally very impressive and the competition was very close, as several of the winners won by the smallest margin possible. Participants succeeded indeed in capturing the pioneering spirit of seasteading and expressing a vibrant, lively feeling through beautiful architecture!