Smart City
City-building startup Praxis secures $15M in Series A Funding
Peter Thiel-backed city-building startup Praxis has raised $15 million in Series A funding from a variety of crypto venture firms led by Paradigm Capital, Sam Bankman-Fried‘s Alameda Research and Three Arrows Capital. Dryden Brown of New York University and Charlie Callinan of Boston College co-founded Praxis, formerly Bluebook Cities, in 2019. they described their goal as: “building the city-crypto state to realize a more vital future,” according to the company website. Praxis wants to pivot away from “artificially scarce metaverses” to build a city-state that is organized around “shared values,” rather than the “labor market principles of the Industrial Age.” The cryptocurrency-run city will reportedly focus heavily on functional architecture and environmental technology. Money made from...
Lagos agency pledges orderly, liveable communities
The Lagos State Physical Planning Permit Authority (LASPPPA), has put in motion plans to create orderly and livable communities in the state. To achieve this and also in concert with the new developmental realities in the state, the agency evolved a new mission statement “Making Lagos an heritage for orderly, spatial planning and development for economic and livable community” In a chat in his office at Ikeja, LASPPPA, General Manager, Funmi Osifuye, said the new mission statement is as a result of the new resolve of LASPPPA to conform with present realities of Lagos as a smart city. He said henceforth, the Monitoring and Compliance Unit of the Agency will be zoned into 5 operational and enforcement locations according to the five Divisions of the State. While noting the need to focus on t...
