The space economy is becoming increasingly privatized, with billionaires sending non-astronauts with enough funds beyond the moon. Additionally, the crypto industry now provides a way to fund space programs and establish the importance of cryptocurrencies as the standard of future out-of-earth settlements.
Elon Musk, the wealthiest man in the world, founded SpaceX in 2002, a company dedicated to revolutionizing space technology. Musk and other influencers have found a way to combine crypto and space now that centralized economies no longer have monopolized authority.
Rocketize is Actually Going into Space? WHAT!?
The Rocketize (JATO) team has divulged their in-motion plan, initiating a modest space program. The program is equipped with the goal of creating an inclusive platform for the integration of cryptocurrency technologies in orbit.
This will be part of the grand plan to support humanity’s more expansive endeavors and participate in exploring new frontiers.
Rocketize (JATO), unlike billionaire magnates with limited seats in their spacecraft, isn’t going alone. The project aims to expand its impacts and reach out to more people until it grows to reach outer space.
While on earth, Rocketize (JATO) is fast establishing a base among the meme cryptocurrencies, boosted by its active community and the meme culture.
Rocketize Token Interstellar-Map
The Rocketize (JATO) roadmap starts with deflationary tokenomics, as there is a capped supply of its token, JATO. The deflationary feature constrains supply, causing demand and price to increase as time goes on.
This will benefit holders as their investment will multiply as the price of JATO is forced to increase, making it a reasonable investment choice.
Rocketize (JATO) operates as a decentralized finance platform, thwarting traditional finance systems and saving users exorbitant fees demanded by institutions (banks).
Additionally, the platform is smart contract compatible, allowing for the development of decentralized applications (dApps).
Bitcoin’s Blockchain Helping Space Endeavors
Ever since the first Bitcoin (BTC) transaction took place in space five years ago, cryptocurrency has become a vital proponent of the space economy.
Blockstream, a network of six satellites in orbit, provided the platform for the transaction and has since maintained the action of “broadcasting Bitcoin’s blockchain all over the world.”
Ethereum’s (ETH) Space Program
Ethereum’s (ETH) venture studio, ConsenSys, planned to build cosmic blockchain tools in 2018. To achieve this, the studio acquired the asteroid mining startup- Planetary Resources.
But, further attempts to launch a blockchain project for crowdsourced satellite tracking failed, and the company auctioned off the project’s hardware in 2019.
Nevertheless, Ethereum (ETH) has partnered with other bodies like SpaceChain, integrating its blockchain with space technology.
The application of cryptocurrency goes beyond Earth’s orbit, setting the foundation for intergalactic travel and commerce. With Rocketize (JATO) involvement, it is expected that users will have a chance to one day see beyond the sky.
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