Geometric Energy Corporation – a manufacturing and logistics entity from Canada – is reportedly taking Dogecoin to the moon, via a payload included in SpaceX’s first rockets launching.
Specifically, via an announcement on May 9th, Geometric Energy Corporation reportedly shared that the journey of its commercial satellite is going to happen within the first three months of 2022 – the earliest possible schedule, aboard the SpaceX Falcon 9 launch vehicle.
With a weight of 40 kilograms (nearly 88 pounds), the payload is reportedly created with a goal to get a hold of “lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems”.
Per Samuel Reid – Head of Geometric Energy – his firm and SpaceX, via finalizing the DOGE transaction for a deal on this scale, have reportedly concreted DOGE’s status – a go-to unit of account when it comes to lunar-associated business across the space industry.
“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.” Tom Ochinero, VP of Commercial Sales for SpaceX, additionally remarked.
Neither SpaceX nor Geometric Energy offered insights into the way DOGE was used for the funding of the journey. The expense may partly refer to the designing of the payload, or include the funding to send it to the moon.
With reference from information regarding past lunar missions, Geometric Energy’s satellite was built with the same amount of expense, though SpaceX’s design has higher efficiency, in the long run, the required sum needed to facilitate this project could be around $225.8 million for a 40 kg payload.
SpaceX founder Elon Musk has kept producing hints, claiming that Dogecoin will be the first cryptocurrency to “literally” make it the moon.
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