Praxis
Praxis is a project that bills itself as the world's first 'Network State'. It is developing a first phase in Uruguay, near Colonia del Sacramento, with residences, a resort and shared creative spaces. Local reporting projects US$1 billion of investment over three years.
Who it reaches
Residents and visitors of the planned first phase in Uruguay, near Colonia del Sacramento.
Key facts
- Founded
- 2019source
- Funding
- announced it has secured $525 million to build a tech-forward citysource
- Uruguay project
- first phase with +Colonia near Colonia del Sacramento, including residences, a resort and shared creative spacessource
- Planned investment
- US$1 billion of investment over three years, as projected in local reportingsource
- First residents
- expected in 2027source
WYDE coverage of Praxis
WYDE Newsroom has published 2 articles about Praxis, from Sep 23, 2026 to Sep 26, 2026. Praxis is the subject of 2 stories. The most recent is States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals..
States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals.
WYDE Weekly: the SNAP cost shift hits states October 1, Fast Lab's $500 million COVID fraud plea, Bitget's $387.5 million hack, the Fed's first stablecoin rules, and Phil and Penny Knight's $1 billion gift to Oregon.
Sep 26, 2026 · 7 min read · Subject of the story
AIPraxis Picks Uruguay for Its First City, Planning $1 Billion in Investment and Residents by Mid-2027
Praxis will build its first city-scale development at +Colonia in Uruguay, planning $1 billion over three years and a model where a share of home sales funds artists and cultural institutions.
Sep 23, 2026 · 2 min read · Subject of the story
Reported alongside Praxis
- Aave · in 1 story with Praxis
- Andreessen Horowitz · in 1 story with Praxis
- Anthropic · in 1 story with Praxis
- Bastion · in 1 story with Praxis
- Binance · in 1 story with Praxis
- Bitget · in 1 story with Praxis
- Breast Cancer Research Foundation · in 1 story with Praxis
- Circle · in 1 story with Praxis
Sources
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