Cryptheory: Crypto and Internet

cryptocurrency, internet and AI meaning, guides, learning

Blockchain City, Nevada, faces challenges

2 min read
Blockchain City, Nevada, faces challenges

Blockchains company´s ambitious project to create its own city in Nevada, USA, named Blockchain City, faces minor inconvenience. Some important workers are leaving the Company.


Existence of blockchain city


Two years ago, Blockchains launched an advertising campaign to promote an attempt to create a Blockchain City based on blockchain and focus attention on the development of Web3’s decentralized Internet.



The project is to lead to a fairer technological future for all. Founder Jeffrey Berns bought 67,000 acres worth $ 170 million at the time, triggering a wave of interest in Blockchain City.


About Blockchain City also wrote the world-famous New York Times. According to Times, the project intends to use blockchain technology to create an infrastructure that works on digital currencies such as Bitcoin and Ethereum.


Project problems


Blockchains spokesperson Elaina Duffy recently announced that 9 employees have been made redundant. In addition, many executives are leaving. The project currently employs 67 people on a full-time basis.


 “As with any organization, especially startups, we will continue to evaluate the company’s operational needs. To date, Blockchains’ has only eliminated positions that are no longer essential to the business. We are committed to hiring employees who have the skillset to move our vision forward in a rapidly changing ecosystem.”


She also stated that the company is working to obtain the necessary permits from the local government. In conclusion, however, she said that the project is still well on its way, and in a few years we can expect an intelligent city of the future.




Houses, business districts, High Tech Park, a college, and an e-game arena should to be built in the Nevada desert called Blockchain City. A very ambitious project, which we will see in a few years.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published. Required fields are marked *