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Introducing Praxis Development
Transforming the World’s Largest Asset Class with AI
Dryden Brown

September 8, 2025

Introducing Praxis Development

Transforming the World’s Largest Asset Class with AI


Today, we are proud to announce the launch of Praxis Development: a global real estate platform that uses AI to unlock community living at the scale of buildings, neighborhoods, and cities.

Our initial focus is housing – the largest asset class in the world ($300T), and the largest expense of 130k Praxians.

AI Unlocks NFX in Real Estate

Praxis began as a groupchat about building a new nation — developing its own culture and economy online, before acquiring territory. As the community grew, demand for physical space emerged organically. In New York, we launched our first Embassy: residential units paired with a community hub. We repeated residential experiments in Austin, San Francisco, Los Angeles, and Miami, and saw higher retention, faster lease-up through network demand, and a premium paid for community.

We discovered a seed of something incredibly rare in real estate: global network effects. Real estate has always been driven by network effects, but they are almost always local. Manhattan has them. SoHo has them. Even individual co-op buildings have them. But those effects accrue to the land, in a diffuse and non-portable way. Attempts to create global platforms — from WeWork to Soho House — proved just how hard it is to bridge community across geographies.

The reason is simple: community is hard to scale. It’s costly to maintain standards, labor-intensive to facilitate, and fragile if mismanaged.

Over the past year, we have been building AI tools that scale community. We used to have a large community team; now we’ve 1) largely automated curation via admissions, 2) begun automating connections between members, and can 3) forecast demand with new precision. What once required a large, high-touch team can now be done continuously and systematically. The result is not just stronger communities, but stronger economics: lower churn, lower acquisition costs, and more predictable stabilization.

When a new resident joins anywhere in the network, it increases value for everyone else — because AI helps them unlock the embedded network value, and living in the residence makes them more invested in Praxis and more willing to share it.

With AI, for the first time, global, platform-level network effects in real estate become possible. And when those effects are captured, they compound — from buildings, to neighborhoods, to entire cities.

From Buildings to Cities

We start with residential buildings. Housing is our citizens’ largest expense and the natural context for daily interaction. When community is embedded into a network of residential spaces, it creates tangible value: higher willingness-to-pay, longer retention, and viral growth as residents bring in their friends.

As we cluster multiple buildings in one geography, they evolve into Acceleration Zones — neighborhoods where the density of aligned residents generates demand for commercial and industrial assets:

  • Offices for startups and remote teams
  • Labs and workshops for research.
  • Cultural venues for gathering, art, and music.
  • Retail and services that thrive on guaranteed demand.

These zones become GDP-generating ecosystems, anchored by a community with built-in trust and identity.

This arc leads us to new cities. In legacy metros like New York or San Francisco, network-effect value is already embedded in sky-high land prices. Developers capture only a fraction of that value; the rest accrues diffusely to whoever owns the dirt. By contrast, when we acquire inexpensive land and bring our network to it, we generate the network effects from scratch — and capture the full uplift ourselves.

Every stage compounds:

  • Buildings prove demand and cashflow.
  • Zones attract commercial and industrial activity.
  • Cities capture the total value of network effects, from cheap land to sovereign-scale economics.

Each project also adds to a growing treasury of real assets — land, buildings, infrastructure, productive capacity.

Why This Matters

Praxis Development is a tool for addressing some of the most urgent strategic challenges facing societies today.

  • Housing & Family Formation
    • The housing crisis has priced an entire generation out of ownership and stability.
    • Praxis makes housing more efficient through collective demand and AI-powered underwriting, lowering barriers to entry and reducing churn.
    • High-trust communities make raising children easier — addressing not just affordability, but the birthrate decline.
  • National Security & Economic Development
    • Countries need to rebuild industrial capacity, secure supply chains, and compete in the AI race.
    • Praxis can deploy targeted Acceleration Zones around strategic industries:
      • Defense hubs with integrated workforce and secure facilities.
      • Data centers and power.
      • Manufacturing clusters for critical supply chains.
  • Global Partnerships
    • Governments and sovereign wealth funds from Singapore to Estonia face the same challenge: how to create innovative, high-trust environments that attract global talent.
    • Praxis provides a model: pre-organized communities are functionally labor markets and commercial demand, and evolve into self-sustaining economic ecosystems.
    • Each deployment strengthens the global Praxis network while adapting to local needs.
  • Treasury for Sovereignty
    • Every building, every neighborhood, every city adds to a compounding base of hard assets — land, infrastructure, productive capacity.
    • This treasury is the foundation for self-financing new cities and, ultimately, for sovereign-scale projects.

One example is our proposal for Atlas, California — a concept for a defense and spaceport city on 3,850 acres at Vandenberg Space Force Base. Positioned between Los Angeles and San Francisco, Atlas is designed to align community-scale development with America’s most urgent strategic priorities: rebuilding the defense industrial base, accelerating aerospace and AI infrastructure, and securing critical supply chains.

Atlas leverages the same network-effect logic at a larger scale: a pre-organized community of engineers, operators, and founders anchors the residential demand, which in turn pulls in offices, labs, secure facilities, and industrial capacity. What normally takes decades of fragmented development can be stood up in years.

The projections are significant: $17.4 billion in investment, 20,000 high-paying jobs, 50,000 residents, and $35 billion in total economic impact. More importantly, Atlas demonstrates how Praxis Development can serve not only its own citizens, but also the strategic goals of nations — turning community into critical infrastructure.

Countries can align with Praxis to accelerate their own strategic goals, while Praxis builds toward its long-term vision — a Digital Nation with real territory, real assets, and real power to shape the future.

Conclusion

Our immediate focus is residential acquisition, where we can prove and scale the model. We currently have 130 units in diligence in key markets. These first acquisitions will demonstrate the power of AI-enabled community economics: higher retention, faster absorption, and lower cost of capital. From there, we will cluster assets into the first Acceleration Zones, integrating housing, workspaces, and culture into self-sustaining neighborhoods, culminating in the development of the first Praxis City.

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