This chapter introduces the Floating Island Project and the libertarian political economy behind its creation. I define this as a self-organized form of governance. Furthermore, I claim, the self-organized form of governance proposed to build the Floating Island is presented as a form of collective action intended to solve problems of the commons. Usually problems of the commons are seen in opposition to libertarian ideologies. The Floating Island Project reconciles both theories. The chapter contributes to the interdisciplinary area of research that within the discipline of political science deals with complex systems. More specifically, the chapter speaks to the field of complex governance, contributing to and extending the scholarship on the governance of complex socio-political systems in general and the Floating Island Project in particular.