Post by Ibrahim Ibrahim

Established in 2017 on the Honduran Island of Roatan, ‘Prospera’ is a project backed by Peter Thiele, Mark Andreessen and Sam Altman The project uses a loose tax and regulatory framework to attract fintech, biotech and robotic start-ups Labs there run trials outside American regulations, including treatment for Alzheimer’s and cancer, weight loss drugs and neural implants The enclave has its own legal system, called ‘Ulex’ which allows firms to choose the regulations which apply to them (The Economist)