Some folks seemed to be more focused on creating seasteads as a business. Meaning they would be in the business of building seasteads, presumably for “investors”.
However, there doesn’t appear to be a large pool of investors clamoring for a seastead builder, like there were tons of investors for massive cargo ships a few years ago.
Others are focused on building their own, still need financial backing, and have some concept that depends upon a “build it and they will come” mentality. Most of these folks don’t have a business plan (at least publicly available) that would pass a bank loan officer’s “smell test”. Not that they are unethical, just not wholly thought out.
Others have a DIY mindset for family size seasteads. For protected waters, just like the TSI concept, but not extravagant. If others join them with their own family and small business seasteads (or yachts) to form a village, great. If not, then whatever. I personally think this is the seastead concept that will instantiate first and most successfully.
This latter will look like a hodge podge but will be subject to massive evolutionary pressure to be effective.
The first one will continue to stumble on financial feasibility. It’s simply too expensive to return on Investment, doesn’t add enough value. Perhaps if it truly were an independent nation it could but they started out with freedom as the value add and completely compromised on the only thing that had that massive value.
The second will experience some failures that will give a stink to the concept but might work out a few successes too.