Praxis has secured $525 million in funding to build the first "Network State," a new kind of society based on crypto-native infrastructure. The idea of a Network State involves creating an online community that shares a common vision, develops its own economic and social systems, and eventually establishes a physical city funded by its members. The project draws on blockchain technology for property management, financial transactions, and governance, aiming to offer an alternative to traditional nation-states. This funding will accelerate Praxis’s efforts to develop both digital and physical infrastructure for this new societal model.