This document introduces the challenge of megacities and the mission of the Futures Institute to address problems in megacities. It notes that over half the world's population currently lives in cities, and by 2050 it will be 70%. The top 10 megacities are listed, with Tokyo being the largest. The document establishes that the Futures Institute was founded to solve global challenges through foresight and identifying opportunities. It outlines that over the next two weeks, a team will tackle imminent crises in megacities and develop solutions to present for review and potential funding.