- Over $1.5 million worth of Bitcoin (BTC) will be sent to SpaceX, and the first space traveler to unlock the Bitcoin bounty will take up the price.
- The CEO of LunarCrush, who is behind the move, says his goal is to inspire networks to pioneer exploration.
Bitcoin might just be on its way to the moon, thanks to a crypto company. LunarCrush, a crypto firm, has revealed that the leading cryptocurrency will be placed on a SpaceX rocket.
Joe Vezzani, the company’s CEO, said that a private key will be sent to a Bitcoin wallet. The Bitcoin wallet will hold 62 BTCs; worth over an estimated $1.5 million at the time of the report. The BTCs will be sent in a SpaceX Rocket to the moon.
The CEO’s statement has expectedly triggered an interesting response from the crypto community, especially Bitcoin proponents. Titled “ Nakamoto_1,” the million-dollar Bitcoin bounty will be owned by one lucky space traveler.
Whoever travels to space, reaches the moon, and unlocks the wallet using its private keys emerges the winner. The wallet keys will be etched onto a Lunar Outpost MAPP Rover. The rover will be launched at a later time this year.
LunarCrush shares how it plans to keep the private keys of the Bitcoin bounty safe
Explaining what his intentions are, as many remain curious as to why $1.5 million will be going to the moon, Vezzani says his goal is to inspire. Vezzani believes that the move can inspire the public to build networks, centered around pioneering exploration. Vezzani said:
When you put out a seemingly unachievable goal, the innovation that happens can be incredible. Our goal is to inspire people to build communities that will unlock a new era of exploration. We envision classrooms, groups, companies, and even DAOs coming together to reach the Moon and split the treasure chest’s rewards. It’s like Willy Wonka’s ‘golden ticket’ for the Web3 era, and we couldn’t be more excited to see how it all unfolds.
The company tapped Linat Outpost, a leading commercial planetary mobility firm to bring its goal to life. Hiro, a Bitcoin development firm, and Animation studio Golden Wolf were also partners in the process.
In order to raise the funds for the Bitcoin bounty, the aforementioned partners will launch an NFT collection.
In a bid to provide transparency, the process of engraving the private key affixed to the rover will be documented. This will also make it impossible for the teams and other parties to gain access to the private keys.
Dr. Forrest Meyen, Co-Founder and Chief Strategy Officer at Lunar Outpost, also shared his thoughts on the bounty. Meyen said:
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What may sound outlandish to some will open new frontiers that haven’t been explored outside the mind in a long time. Future generations will look to us as pioneers of interplanetary exploration and adventure.
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