Quick…what are the first three things that come to mind when I say Transylvania? Welcome to the forgotten colony of Transylvania. Henderson and his partners, which included the legendary Daniel Boone (yes, that Daniel Boone), planned to turn it into a brand-new colony called Transylvania. Vanderbilt.edu Transylvania Colony, Vanderbilt.edu loading...Why The Transylvania Colony FailedTransylvania was briefly established as a colony in 1775; however, the dream didn’t last long. So, even though Kentucky never became the “State of Transylvania,” this bold experiment still played a role in shaping early Kentucky and Tennessee.