Indian-Origin Tech Entrepreneur Acquires Island Near Singapore to Launch Digital Nation for Innovators

Indian-American tech visionary Balaji Srinivasan has moved closer to bringing his ambitious “Network State” vision to life by acquiring a private island near Singapore. Srini-vasan, who co-founded Counsyl Inc. and previously served as Chief Technology Officer at Coinbase, envisions a decentralised, internet native nation tailored for founders, engineers, and tech enthusiasts.

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His blueprint, laid out in his book The Network State, involves building digital communities around shared principles, which would then obtain physical territory and eventually seek formal recognition as sovereign nations, according to TechCrunch.

Instagram user Nick Peterson, a participant in the project, posted a virtual walkthrough of the island and described it as “a sanctuary for fitness lovers and startup minds.” The day begins with workouts, followed by lessons in AI, tech, and other forward-looking subjects.

"I'm living inside this experimental project called the Network School, initiated by Balaji Srinivasan — a hands-on trial in imagining how a new nation might function," he shared.