Indian-Origin Entrepreneur Buys Island Near Singapore to Build a New Country for Techies & Founders

6 min read Indian-origin entrepreneur Balaji Srinivasan launches a bold experiment by acquiring a private island near Singapore to build a tech startup nation, combining blockchain governance, digital citizenship, and clean energy innovations like electric rickshaws. July 04, 2025 08:10 Indian-Origin Entrepreneur Buys Island Near Singapore to Build a New Country for Techies & Founders



🧠 From Code to Country: A Dream by Balaji Srinivasan

In one of the most groundbreaking moves in the history of tech entrepreneurship, Balaji Srinivasan, an Indian-origin entrepreneur and former CTO of Coinbase, has acquired a private island near Singapore to build a tech startup country — a place where coders, founders, and digital nomads can thrive without borders, bureaucracy, or outdated governance.

This isn’t science fiction — it’s a real-life blueprint for a blockchain-powered, crypto-friendly, decentralized nation, being tested right now by some of the world’s smartest minds.


🏝️ Why a Private Island Near Singapore?

The location is strategic — a private island near Singapore, a global hub for technology, fintech, and innovation. By building this new network state close to Southeast Asia’s most powerful digital economy, Balaji ensures the future tech nation has access to both high-speed connectivity and international recognition.

This island will serve as a launchpad for Web3 startups, crypto-based governance systems, and AI-powered public infrastructure — the kind of systems traditional countries often resist.


🧑‍💻 Welcome to the Network School: Prototype for a Tech Nation

To kick off his vision, Srinivasan launched the Network School — a three-month experimental residency on the island. Here, selected tech founders, engineers, thinkers, and futurists live together and design the framework of the world’s first country for techies.

Their days are structured with:

  • Intense workouts and mindfulness sessions
  • Deep dives into AI, crypto, biotech, and decentralized law
  • Community building and brainstorming with other startup founders
  • Exploring blockchain nation models and tokenized citizenship systems

It’s an incubator, bootcamp, and real-life simulation of a Web3 country, all in one.


🇮🇳 Balaji Srinivasan: The Indian-Origin Visionary Behind the Idea

Born to Tamil-origin doctors in New York, Balaji holds four degrees from Stanford, including a PhD in electrical engineering. He co-founded multiple successful ventures like Counsyl and Earn.com, and was a general partner at Andreessen Horowitz. He is also the author of “The Network State”, where he explains how online communities can eventually become digital-first nations.

Now, this Indian-origin entrepreneur is bringing his book to life — one island at a time.


🏙️ Inside the Island Tech Nation

This tech startup country isn’t just about freedom — it’s about building smart infrastructure from scratch. The plan includes:

  • Tokenized land ownership via blockchain
  • AI-based digital governance
  • NFT-based digital ID and citizenship
  • Zero-income tax for builders and developers
  • Decentralized courts and smart contracts for legal systems
  • Electric rickshaws for clean, green transport around the island
  • Solar and wind energy to ensure sustainability

The goal is to create a blockchain nation — a fully functioning society run on smart technology, ethical principles, and decentralized values.


🚖 A Rickshaw Ride Into the Future

To stay rooted in his heritage while pushing boundaries, Balaji is reportedly introducing electric rickshaws on the island. These aren’t just for convenience — they symbolize the blend of India’s local innovations with futuristic planning.

Imagine this: developers commuting in silent, solar-powered rickshaws, writing code that governs a new world — truly, a digital citizenship experience with Indian soul and global vision.


🌐 Is the World Ready for a Network State?

Of course, many are skeptical. Can a blockchain-powered digital nation ever gain global recognition? Will countries accept tokenized passports or NFT-based IDs? What about security, law, and diplomatic challenges?

Despite the doubts, investors, founders, and Web3 communities around the world are watching closely. Balaji’s initiative could redefine not just startups — but how we define a country.


🛡️ Final Thoughts: Where Founders Rule and Borders Fade

Balaji Srinivasan isn’t just building a new company. He’s building a new model of civilization — where entrepreneurs lead, innovation is law, and tech founders and coders shape the future.

With electric rickshaws for green mobility, blockchain systems for transparency, and AI for governance, this is more than a utopia — it’s the beginning of a new era of digital-first nations.

And it all starts on an island… just off Singapore.



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