As if making roughly 12 000% gains since the beginning of the year wasn’t enough of an attention grabber, an announcement made by one of SpaceX’s partners could quite literally see the meme token being part of a mission to outer space.
For the better part of early 2021, as institutions and big corporations dive deeper into cryptocurrency and blockchain technology, Doge has come out as an unlikely hero. And now Doge is poised to become the first Altcoin to entirely fund a space mission while “setting the foundation for interplanetary commerce” as per Tom Ochinero, vice president of commercial sales at SpaceX.
“DOGE 1 Mission To The Moon”
According to the Canadian based Geometric Energy Corporation’s declaration, their partnership with SpaceX will also receive additional mission management assistance from the Geometric Space Corporation (GSC) – a recent estate subsidiary of the GEC, dedicated to the task at hand and possibly more like this in future.
The very first objective of this collaboration is to send a 40kg Cubsat into space via a ride-share on one of SpaceX’s Falcon-9 Lunar Payloads, with the cubesat being tasked with gathering lunar-spatial intelligence. All of this – with a launch planned for the first quarter of 2022 – is being transacted with DOGE as the medium of exchange.
“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,” as stated by Samuel Reid, GEC’s Chief Executive Officer.
This announcement – which could have a major impact on DOGE’s price action – comes right on the back of “The DOGE Father” himself, Elon Musk, made his Saturday Night Live appearance. Interestingly, the DOGE price went through a sharp decline of around 50% during this period.
Whatever the outcome, this is another major step forward for cryptocurrency and blockchain adoption – marking yet another milestone achieved during the 2021 bull run.