SpaceX has sent a mission to the moon with funding from Dogecoin |
SpaceX plans to launch the DOGE-1 mission to the moon next year. The entire trip is paid for using the Dogecoin cryptocurrency, which started out as a joke in 2013.
DOGE-1 is a cube-shaped satellite designed to use on-board cameras and sensors to obtain information about lunar space.
It was sent and paid for by a company called Geometric Energy and will be launched by a Falcon 9 rocket in the first quarter of 2022.
"We're very excited to bring DOGE-1 to the moon," SpaceX's vice president of commercial sales said in a statement from Geometric Energy. The mission demonstrated the use of cryptocurrencies outside Earth's orbit and laid the foundation for interplanetary trade.
Details of the mission are not yet clear, but the Falcon 9 rocket will carry a 40kg satellite early next year.
The statement said that the satellite receives information about the satellite's intelligence from sensors and cameras installed on board with integrated communication systems and computer systems.
While the plane appears to be related to some kind of lunar surface measurement, it remains unclear what that means.
Cryptocurrency Dogecoin was a joke at first, but Robinhood's trading app has been hampered by heavy transactions related to its rally and the price that has rallied recently.
Entrepreneur Elon Musk is a great advocate of digital currency, as he has tweeted several times, describing it in people's currency.
When it got its start, there was a NASCAR-sponsored Dogecoin player, and less than ten years later, a Dogecoin-sponsored satellite landed on the moon.
Geometric Energy's CEO said: After the official deal with Dogecoin of this size, Geometric Energy and SpaceX have strengthened Dogecoin as an accounting unit for lunar space activities.
Thanks to this special transaction, Dogecoin has proven to be a fast, reliable, secure and advanced cryptocurrency enough for mining if traditional banks cannot fully finance the moon landing missions, the statement added. It was chosen as the unit of account for all the moon landers. It is located between SpaceX and Geometric Energy and sets a precedent for future missions to the Moon and Mars.