DOGE-1 moon mission is scheduled to start with SpaceX in early 2022

DOGE-1, the first crypto-financed mission to the moon, is slated to start early next year after a new partnership between the two blockchain companies and producer Geometric Energy Corporation named GEC.

Unizen Smart Exchange Ecosystem and DeFi ZenX Incubator announced Wednesday that they are in the process of building and launching DOGE-1, a 40-kilogram cube – about £ 88 – that provides a field for new use cases for cryptocurrencies will. The cube moves into “stable lunar orbit” to get information about the lunar space from the sensors and cameras that are sent back to the GEC for analysis.

The cube is expected to be deployed in the first quarter of 2022 under a launch agreement with SpaceX FalconX, although no date has been given. To date, more than 1,600 cubes have been launched, but unlike DOGE-1, they entered low earth orbit between 100 and 1,200 miles above the surface of the earth. When traveling into lunar orbit, DOGE-1 is 250,000 miles from Earth.

“NASA’s CAPSTONE was billed as the first cube to reach the moon, but it has been postponed several times and has a current start date of late March 2022,” the companies said. “This means that DOGE-1 could be the first cube in history to reach the moon, which is a major achievement for the global spacecraft.”

As previously reported by Cointelegraph, the Dogecoin-funded project was first launched in May of this year, with planned It will start in the first quarter of 2022, when Tom Ochinero, SpaceX’s vice president of commercial business, said, “The mission will demonstrate the application of cryptocurrency beyond orbit and lay the foundation for interplanetary trade.”

SpaceX is launching the Doge-1 satellite to the moon next year

– Quests paid in Doge
– The first cryptocurrency in space
– the first meme in space

Go to moooonnn !! https://t.co/xXfjGZVeUW

– Elon Musk (@elonmusk) May 9, 2021

Related: To the moon: Huobi wants to send someone into space on his 8th birthday

Dogecoin (DOGE) rose to prominence earlier this year, thanks in part to SpaceX founder Elon Musk, who extolled the virtues of memecoin and even promised to work with its developers to improve its efficiency. The Musk-inspired surge may have increased DOGE’s market cap by billions of dollars at a time when more mainstream users are jumping into crypto.