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Home » Copernic Space & Lunar Outpost to Unveil Public Sale of Tokenized Payload Space

Copernic Space & Lunar Outpost to Unveil Public Sale of Tokenized Payload Space

Kelly Cromley by Kelly Cromley
Sep 30, 2021
in Market News, News
Reading Time: 2 mins read
0

Billionaires have gained notoriety for taking part in the initial civilian space missions, which were all significant milestones forward in the development of commercial spacecraft.Notably, there is no digital market and economic processes in place for ordinary people to actively engage in space commercialization.

As a leading advanced robotics business, Lunar Outpost is dedicated to the development of innovations that have both terrestrial and extraterrestrial uses. With the collection of payment for a space resources deal, Lunar Outpost set a record as the foremost commercial business to do so.

Copernic Space is a platform that allows users to purchase, access, and administer all the space assets from a single location. Copernic Space makes the benefits of the space economy available to the general public, and it gives space enterprises the capacity to better commercialize assets and get financing as a result of its efforts.

Using blockchain technologies and modern business models, Copernic Space aims to make space assets and investment options more accessible to the masses. In collaboration with space robotics leader Lunar Outpost, they will unveil the world’s first tokenized sale of payload space to the general public.

Using a tokenized sale of payload space, the general public will be able to buy, use, divide, and resell payload space in a manner similar to that of e-commerce. Copernic Space’s platform will enable companies and the general public to purchase, fractionalize, and trade space assets in the form of Non-Fungible Tokens (NFTs), in this scenario, payload space on Lunar Outpost’s M1 MAPP rover, which is scheduled to land on the Moon in Q4 of 2022, using cryptocurrency.

Because of the wonderful idea of NFTs that creates divisible and resellable payload space, the NFTs of payload space not only offers the owner privileges and functionality to the space on the rover itself, for those who have bought the minimum amount to do so, but it also ends up creating the very first true space asset market place and a secondary market as well.

According to Grant Blaisdell, CEO and co-founder of Copernic Space, “Cryptocurrency and digital assets will not only enable the market to more easily acquire space assets such as payload space or satellite data, but will also open the flood gates to commercialization and capital that will bring untold public benefit ranging from environmental to economic.”

Lunar Outpost will be able to provide ownership of assets to a new class of consumers as a result of its collaboration with Copernic Space. This platform marks a significant step forward in terms of making space more accessible to all people and organizations ” says Julian Cyrus, co-founder and chief operating officer of Lunar Outpost.

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