A plan to send a “bitcoin treasure chest” worth 200 million yen a month to equip a lunar rover with a secret key

Project to Send Bitcoin to the Moon

Crypto asset (virtual currency) data analysis company LunarCrush announced on March 23 that it plans to send a “treasure chest” containing 62 BTC (equivalent to 230 million yen) to the moon on a SpaceX rocket.

#Bitcoin to the moon! pic.twitter.com/m1wNjmh0vt

— LunarCrush (@LunarCrush) March 27, 2023

SpaceX is a space development venture run by Elon Musk.

This Bitcoin treasure chest was named “Nakamoto_1” after Satoshi Nakamoto, the creator of Bitcoin. , plans to be able to win Bitcoin bounties.

The private key will be on board the Lunar Outpost’s MAPP rover, which will launch into space later this year. Lunar Outpost is a company founded in 2017 that provides commercial space robots, lunar mobile vehicles, and resource utilization on the moon.

Forrest Meyen, co-founder of Lunar Outpost, explained the intent of the project:

We see “Nakamoto_1” as an opportunity to inspire the next generation to take on the challenges of space travel and space exploration. Instead of forming a bounty committee, modern blockchain technology will be used to deliver “treasure chests.”

It is a form of offering a reward as a boost to the challenge of space travel. Make it possible for anyone on Earth who can travel to the moon to complete the dream challenge of earning a Bitcoin bounty.

The Lunar Outpost lunar rover, equipped with a Bitcoin private key, will be loaded onto a SpaceX rocket and will be delivered to the moon in the fourth quarter (October-December) of 2023. For security reasons, the exact date has not yet been made public.

The private key imprinting process on the lunar rover will be fully documented and transparent. No one, including project team members, will be able to access the private key except the first to reach the treasure chest.

Raise funds with NFT

LunarCrush also said it will sell a collection of NFTs (Non-Fungible Tokens) to fund its upcoming Bitcoin bounty.

Starting March 28th, we are selling a special NFT collection for the project, with 25% of sales going towards funding the bounty. Another 25% expect to use it for things such as Bitcoin core development.

For the NFT release, we also partnered with animation studio Golden Wolf and Bitcoin-related development company Hiro.

What are NFTs?

Abbreviation for “Non-Fungible Token”, a digital token that cannot be replaced and has a unique value. In addition to being used for exchanging “digital items” in blockchain games, it is also an epoch-making way for rights holders (creators) in the “secondary distribution market”, which was difficult to achieve with second-hand sales, as well as proof of ownership of high-priced art works. It is also attracting attention as a means of reduction.

Cryptocurrency Glossary

The “Nakamoto_1” project has just launched an SNS account and official website.

Welcome to Nakamoto_1, the first Interplanetary Treasure Hunt.#NKMT1 #TheActualMoon #LunarTreasureHunthttps://t.co/Q2er6Hx9mj pic.twitter.com/KfXfHfQiGO

—Nakamoto_1 (@Nakamoto1) March 23, 2023

According to the official website, the lunar rover landed near the south pole of the moon. The side of the rover is stamped with metal, on which a private key is engraved. It also explains that it is a project that uses the power of Web3 to promote motivation for science, technology, and space exploration.

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