In order to commemorate the 50th anniversary of the Apollo 11 Moon landing and Neil Armstrong’s “small step,” a blockchain startup, Diana took a “giant leap” for blockchain by launching a “lunar registry” so as to place the lunar surface on a distributed ledger.
The project offers a collective ownership of Earth’s only natural satellite through dividing the moon into 3,874,204,892 cells encoded on a blockchain by a 3-word address. Proof of stake in this “cadastral map” is represented by two tokens, dia and mond.
The startup further plans to develop a decentralized autonomous organization and to eventually build an exchange so as to build an economy around the orbital celestial object.
A native token distributed upon registration, Dia will be exchangeable with mond, intended for transactions. Registration costs will accordingly increase as more tokens are sold, that will “boost” the value of tokens for market participants and prevent speculation. Fifty percent of the tokens will be publicly available and less than 2 percent will be reserved for the founders and development team.
The rest of the tokens will act as a reserve. Tokens will be held in “noun.verb.noun” addresses. “diana.love.BTS, i.am.yourfather, and amstrong.land.Moon,” are given as possible examples.
As per the project’s white paper, Article II of the UN Outer Space Treaty:
“Outer space, including the Moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.”
The founders pointed out that this treaty says nothing about “private ownership” or parceling of the solar system, noting that many sovereign nations, like China, and capital-rich corporations, like Jeff Bezos’ Blue Origin, are gearing up to explore – and perhaps monopolize – humanity’s shared heritage.
With this project, the question of “who owns the moon,” is an inevitable one. Currently, Diana is offering tokenized ownership of the visible lunar surface, “Given the increased possibility of ownership disputes.”
As part of the project roadmap, the team hopes to establish a Together Moon Foundation, appoint an international and space expert defense team, and “develop the biz model for Moon possession.”
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Image Source – Pixabay.com
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