The interesting part of this new sea government system is the effect it will have not only on the ocean but also the other governments. For instance, will the US feel threatened by more countries popping up all over, even near their coasts? Well it cant be that near because international law requires just about anyone to be at least 200km from their coastline since this is where most countries borders start. Basically, a country starts 200km out at sea and if you trespass that you are basically illegally crossing a border. To put it simple.
So these floating countries would have to be 200km out at sea. So many questions on law. How will other countries see these floating countries? Will they have embassies? How will they enforce their floating borders?
Reminds me a lot of the movie “waterworld”.