Cabin, a digital-native coliving city project, has announced the launch of the first-ever network city, which aims to revolutionize its initiative by integrating crypto governance. The globally-distributed property is designed for remote workers and creators who love nature and seeks to provide an affordable and accessible alternative to traditional neighborhoods.
The network city is a global alliance of self-governing neighborhoods accessible to residents holding NFTs, known as citizenship passports. Cabin’s founder, Jonathan Hillis, believes that modern cities are restraining human creativity, and the network city initiative aims to unlock the “fountain of human creativity.” The network city incorporates blockchain-powered membership with cabins or cottages in clannishly friendly communities.
Cabin aims to provide a real-world setting where its members can live and work together, solving the loneliness problem peculiar to car-centric suburban and single-family homes. The cabins are designed to attract like-minded digital nomads and their friends to collect a group of cabins in the woods. However, intending citizens of the network city must have a subscription membership that allows access to the cabins.
Crypto Governance and Membership
Cabin’s network city initiative integrates crypto governance with its membership. The network city operates like a social DAO whose members hold crypto assets, which in Cabin’s case is called “Citizenship.” Citizenship is an NFT that indicates a member’s participation. Citizens contribute to neighborhood composition and treasury management through votes powered by Cabin’s governance token, CABIN. Each Cabin neighborhood is unique from others and separately owned, and the rules and regulations guiding them may differ depending on their caretaker.
To attain neighborhood status, a property must accrue 1000 CABIN token votes from citizens in its favor. The voting is part of “polycentric governance,” which differs from other DAOs’ messy and ineffective votes. Hillis said Cabin’s “governance games” are essentially playing games that are governance but don’t necessarily look like governance. The cabin uses blockchains and tokens to track membership, and the CABIN token is a marker of legitimacy in the network’s neighborhoods.
Not anyone can become a Cabin Citizen. Intending citizens must have an existing one who will vouch for them. However, the subscription includes access to Cabin’s global properties, year-round coliving options, exclusive experiences, and more. This initiative could attract the attention of digital nomads willing to become citizens and experience the benefits of the network city.
Cabin’s network city initiative is a unique concept that seeks to provide an affordable and accessible alternative to traditional neighborhoods. The integration of crypto governance and membership enhances the initiative’s legitimacy and promotes self-governance, making it an attractive proposition for like-minded digital nomads and their friends.