This does seem a lot more practical than trying to create a habitat in the open ocean first. And it seems like most of the players seem to be pretty on top of the challenges of economic dominance in a nation state that is challenged to grow. I hope it is successful, a new and different kind of Singapore (which is too authoritarian sounding to my taste).

And perhaps it will provide some foundation knowledge to guide the governance of a Lunar 'city/colony' which, if it is too closely aligned with a single nation state might create more problems than it solves.