Bitcoin News and Finance
Spacex to Launch Dogecoin Paid DOGE-1 Mission to the Moon Skip to main content

Spacex to Launch Dogecoin Paid DOGE-1 Mission to the Moon

SpaceX to Launch Dogecoin Paid DOGE-1 Mission to the Moon

Spacex, the pioneer private space agency founded by Elon Musk, announced it will launch the DOGE-1 mission to the moon in coordination with Geometric Energy Corporation (GEC). The mission, whose objective will be to deliver a commercial payload to the moon, was paid in full using Dogecoin, the meme coin that has been made popular by Musk himself.

DOGE-1 to The Moon

Spacex, the innovative space exploration company that has been a pioneer in commercial spaceflight and in its plans for a planned trip to Mars, has announced today a new mission called DOGE-1 in partnership with Geometric Energy Corporation, a renewable energy-based firm.

According to a PR statement, the first objective of the mission will be to put a commercial payload on the moon. But what’s particular about this mission is that it was paid entirely on Dogecoin, the memecoin that has been adopted by several influencers after being popularized by Spacex CEO himself, Elon Musk.

Being the first commercial mission of this kind paid with cryptocurrency, DOGE-1 sets a precedent for payments in this aerospatial age, putting Dogecoin in a really special place amongst other cryptocurrencies. Tom Ochinero, Spacex Vice President of Commercial Sales, stressed that :

This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce. We’re excited to launch DOGE-1 to the Moon!

The DOGE-1 payload consists of a 40Kg CubeSat that will deliver lunar data with integrated sensors, and banking-based payment solutions would not have been too much of a hassle to pay for the mission. GEC’s CEO Samuel Reid touched on this subject and stated that:

Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and Spacex have solidified DOGE as a unit of account for lunar business in the space sector

Musk Couldn’t Take Dogecoin to the Moon

However, this news contrasts heavily with what Dogecoin experienced yesterday in terms of price action. While most Dogecoin investors were expecting price rises due to the long-expected appearance of Elon Musk (called the Dogefather in social media circles) in Saturday Night Live yesterday, the opposite just happened.

Musk appeared in a news skit as a cryptocurrency expert who failed to explain what Dogecoin, calling it a “hustle,” while telling it would go to the moon. This didn’t do anything good for prices that stumbled going from $0.65 pre-show to $0.43 after the show, causing panic in social media.

What do you think about this Dogecoin paid space mission? Tell us in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory