Invest Small Check
Ceylon City Deck
SMALL CHECK ALLOTMENT
Strictly confidential (stealth)

by IISZ

Yung Drung Inc. Background
Extensive Experience
Yung Drung Inc. boasts two decades of relationship building in South Asia. The company is anchored by Pronomos Capital, which is in turn anchored by influential figures like Thiel and Andreessen. Yung Drung proposed and led Bhutan's Mindfulness City, a Charter City, with the Prime Minister, Ministers, and government until it was expropriated in 2023.
High-Level Connections
The company has cultivated high-level relationships in India, Bangladesh, Sri Lanka, and Nepal. This network has enabled them to secure pathways for Charter City approval in two countries, opening the way for their long-term vision: a Hanseatic League of free cities.
Leadership and Team
Founded by Art Finch, with new co-founders likely to join in 2024, Yung Drung Inc. operates with agile regional and international teams.
Proof of Ability
We have a rare characteristic in the space of having proven our ability to unlock a charter city, through initial success in Bhutan from 2020-2023. We were able to convince King and Country.
Our now risk-adjusted model involves a correct intelligence based understanding of the relevant stakeholders at community, local, national and international levels, which will prevent future nascent expropriation.
We will apply this unique experience to grow and consolidate the autonomy of zones over time, to support a Hanseatic League of Free Cities and Zones.
Achieved in Bhutan
  • Unique Law-set including criminal
  • 60,000 acres outside of national law
  • Unique Digital Currency
  • Separate Immigration
  • Unique Taxes
  • Run by a City Board
  • Nature-int. Architecture
  • Legislative Act Based
  • Private Board Run City
Ceylon Charter City
Zone 1 and Zone 2*
Zone 1: Southern Province
Located between Hambantota and Yala
  • 25 miles from Mattala International Airport
  • 9,000 acres
  • Tropical Beachfront
  • Focus primary/secondary sector for export
Zone 2: Central Province
Located near Horton's Plains
  • ~70 miles from Mattala International Airport
  • Surrounded by pristine nature reserve
  • 6,000 acres
  • Pleasant "little England" climate in the hills
  • Focus tertiary sector for lifestyle
*planned proprietary greenfield zones in Sri Lanka; plan to start with 5,000 acres in Hambantota in 2024.
Tenant Pipeline*

1

500+
Discussions

2

100+
Strong Interest

3

20+
Letters of Intent
also see the tenants mentioned in our Future Vision:
*Our expected target is 3-5 anchor tenants with a combined capex of over $100M committed in 2024
Incentives
Tax Benefits
  • 0% Sales taxes (VAT)
  • 0% Corporate tax (for up to 40 years)
  • 0% Personal income tax
Customs and Trade
  • 0% Customs duty and other border tariffs
  • 100% foreign ownership (shareholding) for companies
  • 100% repatriation of capital and profits permitted
Business Facilitation
  • OSS business approvals and permitting
  • OSS visa processing for investors and employees
  • Multi-Sector - all businesses permitted
Legal and Financial Assurances
  • Hard currencies
  • Dispute Arbitration by an intl. reputed judge
  • Investment protection guaranteed by Law
Start in 2024
2024 Start
The project is set to licensed and begin in 2024.
Act Passed
The Act is already passed legalizing above incentives.
Land Ready to Vest
5,000 acres of land already surveyed for vesting.
Next Step, 2025-2027
Legal Autonomy
The ability to independently change commercial and civil law.
Private Police
Private police, run internally, ensuring local security.
Immigration Autonomy
Admit or reject visa entries on and operate a front end counter at the airport.
Land Value Projections
16K
Acres
Total land area for development
$80M
Current Value
Estimated value of 16,000 acres
$80B
Potential Value
Projected value at 1000X growth*
*Disclaimer for US investors: We do not represent this as a likely or given outcome.
$5.5K
Per Acre
Hambantota rural land price example
$9.98M
Per Acre
Colombo land price example
(1667X difference)
Greenfield —> Urban
Option of IPO exit.
Seed Round
2024 Q3 Seed Round
  • Raise limit: $2M
  • $18M SAFE Post Money Valuation Cap, no Discount
  • Accepted check size is $50K-$500K
  • SAFE is for equity in our US Holding Company, Yung Drung Inc.
Update (August Newsletter):
  • Allocated $200,000 of the seed round for small angel checks with $2,000 minimum.
Previous Funding Success
Our preseed round in 2021 for Bhutan raised approximately $1M. It was anchored by Pronomos / Patri Friedman, with additional investments from Percival / Brock Pierce, Hypersphere (Jack Platts and Rob Habermeier), and Transform Capital / Spencer Kaye.
Exit Examples*
Series A
Milestones: Licensed, Land vested, 3-5 anchor tenants developing projects
Expected: End of 2025/6
Valuation: $50M to $300M
RoI: 2.7X to 16.7x
Private Sale or IPO
Milestones: Developed tertiary sector infrastructure
Expected: ~2035
Valuation: $50B to $300B
RoI: 1000x+
*We do not project or guarantee these exit examples.
$200K SMALL CHECK ALLOCATION
To invest as an Angel for $2000 or more, click here or on the form below.
(available while allocation lasts):
For larger checks ($50,000 and above) where you want a pitch/call, you can connect and schedule here, or email legal@yungdrung.city