• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Crypto Company Wants To Send $1.5 Million In Bitcoin To The Moon

April 4, 2023 by Deborah Bloomfield

Star Trek envisions a world where humanity has branched out past the confines of our home planet in the name of exploration and peace. LunarCrush, a crypto and NFT stock trading platform founded in 2018, has chosen a more prosaic motivation: cold hard cash.

A stash of 62 Bitcoin, currently worth approximately $1.5 million (although who knows how long that will last), is to be sent to the surface of the moon, the company announced recently – where it will wait to be claimed by anybody who happens to make it up there first.

Advertisement

To obtain the lunar millions, the prospective crypto hunter will need to locate a specific private key – a code that is planned to be etched onto a MAPP Rover provided by commercial space startup Lunar Outpost. 

After receiving the code, the craft will then be launched into space via a SpaceX rocket in the latter quarter of this year. When exactly that’s going to happen is yet to be confirmed, however – an omission that LunarCrush puts down to “security reasons”. 

Whatever those reasons, the delay is likely welcome: as it stands, the digital treasure chest is sitting pretty empty. LunarCrush is hoping to fund the prize by selling a collection of Bitcoin-secured NFTs, priced at $250. Of that, they say, one-fourth will go into the lunar stash; the same amount again will fund a “Community Marketing Wallet” dedicated to funding Bitcoin core development and STEM education-related causes (the destination of the other half of the total is left to our imaginations).

It’s arguably something of a gamble to count on NFTs – a medium that is equally as famous for its flops and failures as its successes at this point. Worldwide interest in the once-Zeitgeisty tech has pretty much never been lower, with the average price dropping by close to 90 percent last year to well below the $250 price tag asked by LunarCrush.

Advertisement

While $1.5 million may sound like an enticing bounty, it pales in comparison to what a jaunt to the moon would likely cost, at least using current tech. It was less than a year ago that NASA boasted of how cheap its upcoming CAPSTONE moon mission was set to be – a trifle at just under $10 million. Even at that price tag, NASA isn’t sending up any astronauts or rovers – just a single, microwave-oven-sized robotic probe that is only designed to orbit. 

Of course, the teams behind the Bitcoin campaign refuse to let a simple thing like the limits of current human progress cow their aspirations: “When you put out a seemingly unachievable goal, the innovation that happens can be incredible,” said Joe Vezzani, CEO of LunarCrush, in a statement for PR Newswire. 

“Our goal is to inspire people to build communities that will unlock a new era of exploration,” he said. “We envision classrooms, groups, companies, and even DAOs [decentralized autonomous organizations, referring to an organization running on blockchain] coming together to reach the Moon and split the treasure chest’s rewards. It’s like Willy Wonka’s ‘golden ticket’ for the Web3 era, and we couldn’t be more excited to see how it all unfolds.”

It’s a surprising comparison: Charlie and the Chocolate Factory is pretty famously a rags-to-riches story about how the purity of heart can triumph over greed and determination. Should anybody end up winning the stash of Bitcoin, on the other hand, they’ll need to be the kind of person or group able to drop at least seven figures on a pet project that will, perhaps, earn them back 10 percent of their spend. 

Advertisement

So, less Charlie, more Veruca Salt. And we all know how that ended up, don’t we? 

Deborah Bloomfield
Deborah Bloomfield

Related posts:

  1. Texas city to offer Samsung large property tax breaks to build $17 billion chip plant
  2. U.S. sanctions several Hong Kong-based Chinese entities over Iran -website
  3. Asian stocks fall to near 1-year low as oil prices stoke inflation worries
  4. Analysis-Brexit cold turkey: UK tries to kick 25-year imported labour habit

Source Link: Crypto Company Wants To Send $1.5 Million In Bitcoin To The Moon

Filed Under: News

Primary Sidebar

  • Is This The World’s Oldest Story? Ancient Human Tale About The Seven Sisters May Be From 100,000 BCE
  • This Pill Is Actually A Tiny Printer That Repairs Internal Injuries Using Biocompatible Ink
  • “This Is Amazing”: Scientists Have Found Evidence Of A Long-Lost World Deep Within The Earth
  • From The Shiniest World To Lava And Eternal Darkness, These Are The Weirdest Known Planets
  • Do Sharks Have Bones?
  • The Zombie Awakens: A Volcano Is Showing “First Signs” Of Unrest After 700,000 Years Of Quiet
  • Two Of The World’s Biggest Earthquakes Seem To Be Synched Together
  • California Has A New State Snake, And It’s A 1.6-Meter-Long Giant
  • Experimental Nanoparticle “Super-Vaccines” Stop Breast, Pancreatic, And Skin Cancers In Their Tracks
  • New Nightmare Fuel Unlocked: Watch The First Known Capture Of A Shrew By A False Widow Spider
  • Peculiar Glow In The Milky Way Might Be Dark Matter Signature
  • “I Was Scared To Death”: Missouri’s Great Cobra Scare Of 1953 Was Eventually Solved After 35 Years
  • Two Spacecraft To Fly Through Comet 3I/ATLAS’s Ion Tail – Will They Be Able To Catch Something?
  • Pioneering Heavy Water Detection Suggests Earth’s Water Might Be Older Than The Sun
  • PhD Students’ Groundbreaking New Technique Rescues JWST’s Highest Resolution Data
  • Popcorn-Like Parasites And Weird Worms Among 14 New Species Discovered In The World’s Oceans
  • Poem From 1181 CE Cairo Appears To Reference A Rare Galactic Supernova
  • With “Iridescent Live Colors”, Newly Discovered Beautiful Dwarfgoby Lives Up To Its Name (Mostly)
  • “Anti-Tail” And Odd 594-Kilometer Feature Found On Interstellar Object 3I/ATLAS By Keck Observatory
  • Why Do We Call It A “Hamburger” When It Doesn’t Contain Ham?
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version