Just going round in reading some international news and come up with this:

E Residency Estonia
1) Estonia is the first country to offer e-Residency, a government-issued digital ID available to anyone in the world
2) E-Residency offers the freedom to easily start and run a global business in a trusted EU environment

Main Pros I see were
1) Register an EU based company entirely online
2) Access business banking and online payment providers to accept payments from customers and clients worldwide

But this not allow you to get a Resident Visa or Citizenship

Read More get more details: https://e-resident.gov.ee/

More details on this Page.
https://e-resident.gov.ee/become-an-e-resident/

Regards
Abhishek