A recent NY Times article discussed a piece of Nevada property purchased by Jeffrey Berns this year for $170 Million. Berns, the owner of Blockchains L.L.C., "imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts and production studios will be built". Plans also include a research campus, a college and an e-gaming arena.
Like other entrepreneurs, Berns was attracted to Nevada for its impressive tax benefits. The property is 67,000 acres and in addition to the community, will also house a blockchain. A blockchain is an information record where transactions made in cryptocurrency are recorded publicly. The campus will offer companies and startups the ability to test new applications of blockchain, nanotechnology, artificial intelligence, and 3D printing.
It seems even local officials are behind this idea. "Nevada’s governor, Brian Sandoval, read a proclamation that named the Blockchains property “Innovation Park” at an event last month where Mr. Berns sat on a panel with the governor and Elon Musk, the chief executive of Tesla."