[2] According to Romer, international charter cities would be a benefit to citizens by giving them an additional option about what system of economic policies they want to live under.
In his vision, charter cities would adopt more pro-business policies than the host country, including lower taxes, fewer regulations, and protection of property rights, which would encourage international investment.
[1][7] [needs update] In 2018, Ledger Atlas, a cryptocurrency company invested in by Tim Draper, proposed a cryptocurrency-based Special Economic Zone in Papua New Guinea.
A memorandum of understanding established Ledger Atlas as the governing entity, able to control migration, enact laws and issue passports.
[10] The Rwanda Development Board has also announced plans to establish a catalytic investment fund for charter city projects across Africa.