Summary
An entrepreneur plans to build a $450 million statue called the "American Colossus" on Alcatraz Island. The statue would be 450 feet tall, 150 feet taller than the Statue of Liberty, but as of now, only $5 has been raised. Building the statue would require federal approvals and reclassification of Alcatraz as a national monument.
Key Facts
- The "American Colossus" is a proposed 450-foot statue of Prometheus on Alcatraz Island.
- The project is led by cryptocurrency entrepreneur Ross Calvin.
- Only $5 has been raised for the statue so far through a Bitcoin-based crowdfunding platform.
- The statue would require Alcatraz's status to change from a national park to a national monument.
- This would involve federal approval and a detailed environmental review.
- No formal proposal for the project has been received by the National Park Service.
- The statue aims to symbolize American ambition and innovation.
