Billionaire Elon Musk’s SpaceX company announced on Sunday that it will launch a fully paid satellite to the moon next year with cryptocurrency dogcoin, led by Canada’s Geometric Energy Corporation lunar mission.
Called DOGE-1, the satellite will be launched on the SpaceX Falcon-9 rocket in the first quarter of 2022, the Calgary-based company said in a statement on Sunday.
The cubic-shaped, 40-kilogram satellite aims to “obtain lunar spatial information using on-board sensors and cameras.”
“DOGE-1 Mission to the Moon” “The first commercial lunar payload in history will be paid in full with Dogcoin,” Geometric Power Corporation said without specifying the transaction amount.
“We are so happy to launch DOGE-1 on the Moon!” Said Tom Ochinero, vice president of commercial sales for SpaceX. “The mission demonstrates the application of cryptocurrencies beyond Earth’s orbit and lays the foundation for interplanetary commerce.”
The announcement came the day after Elon Musk appeared on the American satirical comedy show Live on Saturday night In it the weird Tesla and SpaceX boss praised Dogcoin, which was originally created as a joke that helped legitimize his tweets.
Elon Musk, a big believer in cryptocurrencies, described Dogcoin as “the unstoppable financial vehicle that can conquer the world” in a sketch on Saturday night, enthusiastically shouting “Towards the moon!”