They're making progress:
https://www.praxisnation.com/
With people like Thiel onboard, it's got a chance.
Balaji's inspiration for the network state was Theodore Herzl, the founder of Zionism:
> (The State of the Jews), which was published February 1896 to immediate acclaim and controversy. The book argued that the Jewish people should leave Europe for Palestine, their historic homeland. The Jews possessed a nationality; all they were missing was a nation and a state of their own.[32] Only through a Jewish state could they avoid antisemitism, express their culture freely and practice their religion without hindrance.[32] Herzl's ideas spread rapidly throughout the Jewish world and attracted international attention.[33] Supporters of existing Zionist movements, such as the Hovevei Zion, immediately allied themselves with him, but he also encountered bitter opposition from members of the Orthodox community and those seeking to integrate in non-Jewish society.[34] His notorious article Mauschel, published just after the first Zionist Congress, depicted Jews who oppose Zionism as constituting a despicable type of Jew and has often been described as antisemitic.[35][36][37]
What evidence do you have of progress?
If they offered you Praxis citizenship for 1 bitcoin would you make the deal?
They've got 145k people onboard, some with massive access to capital and political influence. That's a good start.
I believe all you need is a decent CV to get the lowest level of citizenship. I don't know the details of their caste system, but the highest levels could be worth more than 1 BTC, assuming it could get you access to "the club."
And what outcome do you envision this resulting in
Probably various gated housing developments / planned communities throughout the world.
Hopefully not another Gaza / West Bank.
I could see a state like El Salvador morphing into some version of a network state.
Seems like a boondoggle. For 1/1000th the price effort and fanfare you can do the same without calling attention to yourself
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