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SpaceX takes DOGE as payment to launch GEC’s DOGE-1 Mission to the moon
May 11, 2021
The mission is set for Q1 2021 and it will involve deploying a 40Kg CubeSat to the moon.
Per GEC’s CEO, GEC and SpaceX have solidified DOGE as a unit of account for lunar business.
Tom Ochinero from SpaceX claims this mission will set the foundation for interplanetary trade.
SpaceX has accepted Dogecoin (DOGE) as payment to launch a lunar mission. A press release unveiled this news on May 9, noting that the Geometric Energy Corporation (GEC) had paid SpaceX to launch its DOGE-1 Mission to the Moon in DOGE. This deal became the first-ever commercial lunar payload to be fully paid in the Shiba Inu-inspired cryptocurrency. However, the firms did not disclose the details of the transactions.
Elon Musk described Dogecoin as a hustle when he was on Saturday Night Live
The meme-inspired cryptocurrency launched in 2013 as a fun payment system
Musk owned SpaceX has accepted DOGE as payment for a moon satellite
Canadian firm Canada s Geometric Energy Corporation paid for the satellite
It will launch in the first quarter of 2022 on top of a SpaceX Falcon 9 rocket
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CALGARY, AB, May 9, 2021 /PRNewswire/ - Geometric Energy Corporation (GEC) announced today the DOGE-1 Mission to the Moon the first-ever commercial lunar payload in history paid entirely with DOGE will launch aboard a SpaceX Falcon 9 rocket.
Geometric Energy Corporation s DOGE-1 Mission to the Moon will involve Geometric Space Corporation (GSC) mission management collaborating with SpaceX to launch a 40kg cubesat as a rideshare on a Falcon 9 lunar payload mission in Q1 2022. The payload will obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems. Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and SpaceX have solidified DOGE as a unit of account for lunar business in the space sector, said Geometric Energy s Chief Executive Officer Samuel Reid.