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Crypto Millionaire To Develop 67,00 Acres Into City Powered By Blockchain

Written by CRETech | Nov 8, 2018 1:41:55 PM

Lawyer and cryptocurrency millionaire Jeffrey Berns wants to leave his mark on something more tangible than cryptocurrency-based deals. He wants to develop a brand-spanking-new city in the Nevada desert not far from metro Reno-Sparks.

Berns' company, Blockchains LLC, paid $170M in cash earlier this year for 67,000 largely undeveloped acres in Storey County, a site larger than Reno.