DOGE-1 moon mission set for launch with SpaceX in early 2022

DOGE-1, the primary crypto-funded mission to the moon, is about to launch early subsequent yr following a brand new partnership between two blockchain firms and producer Geometric Power Company, also called GEC.

Good alternate ecosystem Unizen and DeFi incubator ZenX introduced Wednesday that they’re within the strategy of constructing and launching DOGE-1, a 40-kilogram — roughly 88 kilos — cubesat that can present a brand new use case for cryptocurrencies. The cubesat will journey to a “secure lunar orbit” so as to get hold of lunar-spatial intelligence from sensors and cameras that will likely be despatched again to GEC for evaluation.

The cubesat will likely be deployed by way of a launch settlement with SpaceX FalconX slated for the primary quarter of 2022, although no onerous dates had been offered. Over 1,600 cubesats have been launched up to now, however not like DOGE-1, they’ve traveled into Low Earth Orbit, which is between 100 and 1,200 miles above the Earth’s floor. Touring to lunar orbit places DOGE-1 250,000 miles away from Earth.

“NASA’s CAPSTONE was set to be the primary cubesat to succeed in the moon, however it has been delayed a variety of occasions and has a present launch date of late March 2022,” the businesses stated. “Because of this DOGE-1 might be the primary cubesat in historical past to succeed in the moon, marking a major achievement for international spaceflight.”

As Cointelegraph beforehand reported, the Dogecoin-funded project was first launched in Could of this yr, with a planned launch date as early as the primary quarter of 2022. On the time, SpaceX vp of economic gross sales Tom Ochinero stated the “mission will reveal the applying of cryptocurrency past Earth orbit and set the inspiration for interplanetary commerce.”

SpaceX launching satellite tv for pc Doge-1 to the moon subsequent yr

– Mission paid for in Doge
– 1st crypto in area
– 1st meme in area

To the mooooonnn!!https://t.co/xXfjGZVeUW

— Elon Musk (@elonmusk) May 9, 2021

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Dogecoin (DOGE) rose to prominence earlier this yr thanks partly to SpaceX founder Elon Musk, who touted the memecoin’s virtues and even claimed to work with its developers to enhance its effectivity. The Musk-inspired surge could have added billions to DOGE’s market cap at a time when extra mainstream customers had been moving into cryptocurrency.