New Delhi, July 3 -- Indian-origin tech entrepreneur Balaji Srinivasan has purchased a private island near Singapore to build what he calls a "Network State"- a decentralised, digital-first society for techies, creators, and founders.

Srinivasan, a former CTO of Coinbase and co-founder of multiple Silicon Valley ventures, envisions a future where online communities with shared values evolve into globally recognised nations. His project, which once sounded like a futuristic thought experiment, is now unfolding on a real island with real people, and it's creating quite the buzz, TechCrunch reported.

The island is home to 'The Network School', a three-month residential programme that merges entrepreneurship, emerging tech, and personal tra...