 All right, well, it's great to be here. Traden Brown, CEO of Practice. First to start, I wanted to introduce myself. I'm from Santa Barbara, California. I grew up surfing. And I spent really my whole childhood on the beach and ended up homeschooling to travel around the world, compete in surf contests, which afforded me this kind of interesting opportunity to have a different educational experience. I was homeschooled. And I was really interested in American colonial history. My family came to America from Ireland. They fought in the Revolutionary War. They built a fort. They participated in the Pennsylvania Constitutional Convention. And so this story of building new cities, of building new places, of building new countries was something that I thought about from a very young age and was able to really dive into as a teenager. And frankly, I was able to spend a lot of time learning about charter cities and seasteading and these different ideas when they were very nascent. And so I ended up moving to New York when I was 18 because I wanted to pursue this sort of question of how does one build a new city in a professional context? I went to intern for a fund called Pershing Square, an activist hedge fund. We invested in a company called Howard Hughes, which built three cities in the United States, over 100,000 residents. I left and did technology investing for a couple of years and then got a grant from Tyler Cowan through EV to study the development of new cities in Africa in the Middle East. And I learned a lot about the Dubai International Financial Center and different special economic zone frameworks that were super helpful in terms of developing new cities. I wanted to do something along those lines and eventually came back to the US right when 2020 started and COVID hit. And I was forced to confront this question of how do I work on building a new city stuck in this tiny apartment in New York? Can't go anywhere? How do you build a city from your apartment? That was the premise. That was the question. And the answer I came to was people move to cities to plug into social networks. And if we could build a community around this charismatic concept of building a new city, of building a new city around an idea, an idea of a more vital way of life, that that might draw a lot of really compelling people to the effort, to the project, and that those people would represent a demand proof point that we could fundraise against. And that was sort of the premise. That was the idea. And that's what we ended up working on. So we launched Praxis. We decided as a group that we wanted to build the city in the Mediterranean and really develop this sort of philosophy along those lines, that we were going to build a new city on the Mediterranean, focused on technology, focused on building a community of people who want to build technology companies in a special economic zone that really facilitates that in one of the most beautiful places in the world. Yeah, so this is our mission. We were able to build a team that has a lot of experience. We hired the former CEO of Howard Hughes, the company we invested in at Pershing, who built three cities in the US with over 100,000 residents. We worked with two former prime ministers. And we have a bunch of other super talented people on the team. We were able to raise money from some really great investors, Paradigm Bedrock, a bunch of great angels, and a large pension fund that has $100 billion real estate fund. And so in 2021, we launched this community. And really, we're focused on building a new culture around this idea of building a new city. We built the community to 12,000 members. We have 250 residents that have committed to move. We have a wait list of almost 50,000 people. And those people met up all around the world and hosted events with one another, made memes, messed around on the internet, created culture. And many started companies together. A lot of people live together in the community. There actually have been a few marriages that have come out of Praxis, which is pretty cool. Yeah. And so I guess, yeah, built this really big community. It's pretty awesome. Got to travel around the world for a couple of years meeting with people who wanted to live in a new city and explore this idea together. And then once we raised money, we went back to all the founders in the community and talked to them about what it would actually take for them to set up operations in a new city. Really, it turned out that the core things were regulatory change and economic incentives. That if we could basically aggregate demand from a bunch of different industries, we could talk to a bunch of different founders from a bunch of different industries and figure out what policy changes would unlock their willingness to move to a new place. That if we could sum up the investment amounts of all of those companies moving to a new country, it'd be quite a lot of foreign direct investment flowing into that country. And that we could go to a country with that offer of bringing all these super talented people and all these companies on the basis of these regulatory changes and economic incentives and then wrap that sort of like foreign direct investment in a narrative of a beautiful green new city that'll invest in social goods for the local community, that it would become like a really compelling political narrative for that country and for that community. And then on that basis, we got our first offer from a government to bring our community of tens of thousands of talented people, the companies that want to move on the basis of these incentives and this story of building a really compelling future for the community, for the country. We got an offer from a country to set up our city within their borders on land that they would contribute for equity in the project, some of the infrastructure financed by them in a regulatory sandbox in their country. So that was super exciting. Right now we're working on soliciting further offers from other governments. We're gonna do more than one project ultimately, but we haven't committed to our location for the first project yet. But we're going to begin development in 2024, like the beginning of next year with our development team and then we'll have 10,000 residents move to the city in 2026, which is like pretty close. A lot of the sites that we're looking at are not just Greenfield sites, they're actually sites that have some infrastructure already developed. In some cases, there are already structures in place, sort of able to accelerate the sort of timeline to getting people moved in pretty dramatically. The other thing I'd say is like, there's this question of like, how do you finance new cities? I think sort of like the quanta, sort of like, not a capital need to get to a V1, you know, with the cities like quite large, like if you're a hard tech startup, maybe it's like 100 mil, if you're a city, you really need like a billion dollars to build like a phase one that's like, you know, meaningful. And so how do you raise a billion dollars? And the answer that we came to, if we sort of circle back to the beginning, is, you know, building, you know, sort of a community first doing this sort of, these sort of new city projects demand first. So we built this very large community, got these incremental demand proof points where people started, you know, putting down deposits or committing to make deposits on a house in the city. And then on that basis, we're able to unlock capital from, you know, institutions that were excited about, you know, the economics and the story and so on, on the basis of these early demand proof points, which are very uncommon with, you know, new city projects getting demand, you know, proof points before there's even a site or a country announced. That's, you know, it's like never happened, I would say. TAM's really large, fun to talk about big numbers. Right now we have a, we have this program called Steel Visa. So if you want to become a member of Fraxis, if you want to move to one of our cities to become a resident, you can apply for a Steel Visa. It's my co-founder, Charlie. He looks great in a Steel Visa. The idea is it's a membership card now. Once we sign and announce our deal with the host government that'll host the city, the Steel Visa will become a golden visa. It'll become, you know, a real golden visa that gives you rights to work and to live in the country where we're ultimately going to locate Praxis. And yeah, so, you know, apply if interested. And you get a metal card that looks like that. That's Praxis. Oh, three seconds left. Cool. Thank you. Thank you.