Tesla CEO Elon Musk’s SpaceX, whose name is known in the crypto market with the popular meme coin Dogecoin (DOGE), will take 62 Bitcoin to the Moon. Elon Musk seems to have changed his motto so far, ‘DOGE to the moon’. Also, this time, we’re talking about going to the Moon literally, not figuratively. With Musk’s latest move, a massive $1.7 million Bitcoin bounty will be sent to the moon by a SpaceX rocket to promote interplanetary exploration.
Elon Musk is taking Bitcoin to the Moon, not DOGE!
cryptocoin.comAs you follow, Tesla CEO Elon Musk is very familiar with the cryptocurrency market. We know Musk’s relationship with the popular meme coin Dogecoin (DOGE) and his Twitter posts, sending DOGE to the Moon in a figurative sense. The Tesla CEO will again take a cryptocurrency to the Moon, but this time for real.
Lunar Crush, a leading cryptocurrency company, has announced its intention to send a ‘treasure’ to the moon. This treasure will be in the form of the private key of a crypto wallet containing exactly 62 Bitcoins. This corresponds to roughly $1.7 million at the current price of Bitcoin. The secret code will be transmitted during the launch of Elon Musk’s SpaceX rocket in the fall of 2023 and will be written into the spacecraft itself. The firm assures that the wallet will remain safe as even its staff will not be aware of the code. However, the wallet is open, which means anyone can contribute some money to it to raise shares.
So what’s the point of this? In fact, a kind of treasure hunt is organized with the aim of giving Bitcoins to the first person who successfully reaches the Moon and finds the key. By doing this, LunarCrush hopes to encourage people to broaden their horizons and uncover previously unknown information. To achieve this goal, LunarCrush has teamed up with other companies, including animation studio Golden Wolf and Bitcoin developer tools provider Hiro, to sell a collection of NFTs that will generate revenue to fund the venture.
Who will receive the Bitcoins?
Interestingly, the project aims to fully document the scraping process of the private key to be added to the rover to ensure that there is no transparency at any point in the operation. After the MAPP Rover from the Lunar Outpost lands on the moon, anyone on Earth who can make a plan to go to the Moon can pursue the prize. Regarding the project, Joe Vezzani, Operations Director of LunarCrush, made the following statement:
When you set a seemingly unattainable goal, the resulting innovation can be incredible. Our goal is to inspire people to create communities that will unlock a new era of discovery.
Due to concerns regarding the integrity of the Bitcoin reward, the exact launch date has not been announced. However, it is expected to occur in the fourth quarter of this year.
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