The Canada-based company Geometric Energy Corporation (GEC) announced last month that it paid SpaceX entirely with Dogecoin to launch a CubeSat to the Moon atop a Falcon 9 rocket. The mission is called ‘DOGE-1’, it is the first spaceflight mission in history paid with the Shiba Inu meme-inspired cryptocurrency. ĐOGE is a decentralized digital currency that uses blockchain technology that enables fast and secure transactions. GEC did not reveal how much Dogecoin it paid to secure the mission, the company says that their future missions aboard SpaceX launch vehicles will be paid with Dogecoin. “SpaceX launching satellite Doge-1 to the moon next year,” SpaceX founder Elon Musk announced in May, “Mission paid for in Doge, 1st crypto in space, 1st meme in space,” he captioned a Dogecoin video on Twitter, linked below.
SpaceX launching satellite Doge-1 to the moon next year— Elon Musk, the 2nd (@elonmusk) May 9, 2021
– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space
To the mooooonnn!!https://t.co/xXfjGZVeUW
Geometric Energy Corporation's DOGE-1 Mission to the moon will launch a 40-kilogram CubeSat during a SpaceX Falcon 9 rideshare launch scheduled for the first quarter of the year 2022. The CubeSat features advanced computational systems, including cameras and sensors that will obtain lunar-spatial intelligence. GEC shares that the DOGE-1 mission will also include digital 'Space Art' in the form of plaques that might be secured to the CubeSat. The art plaques will be provided by Geometric Labs Corporation and Geometric Gaming Corporation. “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,” said Geometric Energy's Chief Executive Officer Samuel Reid in a press release. “This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce,” said SpaceX Vice President of Commercial Sales Tom Ochinero. "We're excited to launch DOGE-1 to the Moon!"
The ‘Space Art’ plaques aboard the CubeSat might be sold as an NFT (Non-Fungible Token) and its theme could be related to a new crypto token release project codenamed- “Rho,” “Beta,” “Kappa,” “Gamma,” and “Xi,” according to a recent report by HYPEBEAST. However, the Greek name token project connection with the DOGE-1 mission has not been officially (publicly) confirmed by GEC. The CubeSat will be accessed remotely while in space, the report states that the art they are creating could be interactive and “open up the possibility that the art could be programmable, changeable or even streamed back to Earth.”
Featured Image Source: Pexels.com / SpaceX