SpaceX To Launch Lunar Mission Paid With Cryptocurrency Dogecoin
Muhammad Irfan Published May 10, 2021 | 09:20 AM
Toronto, Canada, (UrduPoint / Pakistan Point News - 10th May, 2021 ) :SpaceX will launch a satellite to the Moon next year funded entirely with the cryptocurrency Dogecoin, Canadian company Geometric Energy Corporation, which will lead the lunar mission, announced Sunday.
The satellite, dubbed DOGE-1, will be launched aboard a SpaceX Falcon 9 rocket in the first quarter of 2022, the Calgary-based company said in a statement.
The cubic satellite, weighing 88 Pounds (40 kilograms), will aim to obtain "lunar-spatial intelligence from sensors and cameras on-board," according to the statement.
The "DOGE-1 Mission to the Moon" will be "the first-ever commercial lunar payload in history paid entirely with" Dogecoin, Geometric Energy Corporation said, without specifying how much the project cost.
"We're excited to launch DOGE-1 to the Moon!" Tom Ochinero, SpaceX vice president of commercial sales, said in the statement.
"This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce." The announcement comes the day after SpaceX founder Elon Musk hosted the live sketch comedy show "Saturday Night Live" (SNL), during which he praised Dogecoin, originally created as a joke but legitimized through the eccentric tech entrepreneur's tweets.
A big booster of cryptocurrencies, the Tesla CEO described Dogecoin in an SNL skit as "an unstoppable vehicle that's going to take over the world.""To the Moon!" he added, enthusiastically.
Related Topics
Recent Stories
DP World ILT20 Season 3 to begin from 11 January 2025
Sharjah Public Library unveils interactive arts and crafts journey at SCRF 2024
"Wonder Walks” show makes an enthralling debut at SCRF 2024
Remarkable Young Minds Light up the Stage at Sharjah Children’s Reading
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 12 May 2024
Today Gold Rate in Pakistan 12 May 2024
Crown Prince Mohammad bin Salman's visit schedule being discussed
Govt decides to procurement wheat from farmers
Deputy PM to pay 4-day visit to China from Monday
Pakistan seeks foreign investments in diverse sectors: PM
Digital transformation key priority for govt to improve tax collection: Aurangze ..
President-designate of COP29 for collective efforts to deal with climate change ..
More Stories From Miscellaneous
-
Conducive environment for investors to stimulate sustainable growth
8 hours ago -
Initiatives urged to facilitate people in getting access to quality healthcare services
8 hours ago -
Hunza-The sleeping beauty
8 hours ago -
Collective efforts vital to eradicate drugs addiction
2 days ago -
Concerted efforts urged to ease traffic flow on city roads
7 days ago -
Land degradation: A threat to food security
7 days ago
-
Revamping health sector, a gigantic task ahead
7 days ago -
American band promotes intercultural harmony thru music fusions
8 days ago -
Waste Management – A persistent challenge for MWMC
9 days ago -
Experts for ending child labour
11 days ago -
Labour Day - A reminder for better facilities to workers
11 days ago -
Stage Drama Mohabati Manhoon presents in Arts council Larkana
14 days ago