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Sunday, May 9, 2021

SpaceX accepts Dogecoin as payment

SpaceX has announced its launch of “DOGE-1 Mission to the Moon” in Q1 2022, along with their acceptance of cryptocurrency Dogecoin as a new mode of payment.

The DOGE-1 Mission to the Moon will involve Geometric Space Corporation (GSC) mission management collaborating with SpaceX, a mission completely funded by cryptocurrency Dogecoin.

The collaboration between GSC and SpaceX will launch a 40kg CubeSat as rideshare on the Falcon 9 luna payload mission in Q1 2022. The payload will obtain lunar-spatial intelligence from sensors and cameras on board with integrated communications and computational systems.

“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.

Elon Musk also revealed the launch on Twitter.

“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!”

As per GSC, Dogecoin has been chosen as the unit of account for all lunar business between SpaceX, proving that the DOGE is a fast, reliable, and cryptographically secure digital currency.

Source: Geometric Energy Corporation via Newswire

The post SpaceX accepts Dogecoin as payment appeared first on YugaTech | Philippines Tech News & Reviews.


Source: Yugatech

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