
Próspera, officially known as Próspera ZEDE, is a charter city on the island of Roatán, Honduras. It is one of three Zones for Employment and Economic Development (ZEDEs) in the country, operating under a distinct fiscal, legal and regulatory framework that grants it autonomy from the national government. The project is led by Honduras Próspera Inc., which itself is funded by venture capitalists and has a veto vote in Próspera’s governing council. (from Wikipedia)
Prospera is a controversial, privately governed charter city and special economic zone on Roatán island, Honduras, backed by Silicon Valley venture capitalists including Peter Thiel, Marc Andreessen, and Balaji Srinivasan via Pronomos Capital. Aimed at creating a libertarian “startup city” with low taxes and autonomous regulations, it faces intense legal challenges from the Honduran government, which repealed the enabling law. (from Google AI Overview)
“Luxury accommodations, offices, and laboratories were planned for the ZEDE, but one of the selling points of living in Próspera was also that you didn’t have to live there — no more than Próspera’s investors lived in the Cayman Islands, where their fund was registered. Proponents of the start-up society insisted that the twenty-first century city was not made of concrete and glass so much as out of laws. … For what one scholar calls ‘roving capital,’ laws are selected and combined à la carte. The VC firm funding Próspera, for example, was registered in Wyoming. The business itself was registered in Delaware. These jurisdictions were portals to what Oliver Bullough calls Moneyland, where people can select whichever laws ‘are most suited to those wealthy enough to afford them at any moment in time.’ “
— Quinn Slobodian, Crack-Up Capitalism: Market Radicals and
the Dream of a World Without Democracy, pages 195-196