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Liberland: A New Model of Governance
This chapter examines the founding and conceptualization of Liberland, a self-proclaimed libertarian nation established in 2015, focusing on its innovative governance model influenced by blockchain technology and decentralized autonomous organization (DAO) principles. The discussion spans the challenges of traditional political systems and highlights efforts in establishing diplomatic relations, while also addressing the distinct criteria for statehood and recognition in the global arena. Various aspects, including the integration of smart contracts and economic zones, are explored to envision a more adaptive and efficient governance structure.