The Principality of Freedonia was a micronation based on libertarian principles.
It was created as a "hypothetical project" by a group of teenagers in the United States in 1992.
[3] It had a number of 50 Freedonian dollar 1 oz silver coins minted.
[5] The Freedonia project's website has not been updated for a number of years and its discussion forum no longer functions, e-mail communication with the self-styled Prince does not work, and the entire project appears to be defunct.
E-mail statements from the founder indicate the project is not being actively pursued as of 2004.