A cryptocurrency wallet containing 1 BTC is on board the lunar rocket Vulcan Centaur from the Cape Canaveral Space Force Station to the moon with an anticipated spaceship landing in mid-February.
Ethereum derivatives marketplace BitMEX orchestrated the lunar landing of a tangible Bitcoin. On May 18, 2023, the exchange declared the space voyage of BTC and emphasized that the physical BTC is a cryptocurrency wallet that holds a minimum of 1 BTC.
The Bitcoin wallet will feature a public vanity address, according to the exchange, enabling members of the public to transmit additional Bitcoin and observe its redemption once someone claims it. BitMEX expressed:
The robotic spacecraft Peregrine-1, operated by Astrobotic Technology, is presently transporting the space personnel and the physical coin that has separated from the rocket. February 23, if all operations proceed according to plan, will mark the spacecraft’s lunar landing.
The first lunar landing mission by the United States since its Apollo program, which landed the first humans on the moon in 1969, is Peregrine Mission One, named after one of the fastest animals on Earth.
BitMEX CEO Stephan Lutz stated in a press release that the mission signifies a significant milestone in space exploration and serves as an initial stride toward establishing a financial framework to support a space economy.
According to Lutz, the Bitcoin on the Moon is a “time capsule” that documents one of the most consequential developments in human history. “I am filled with anticipation regarding the future of decentralized finance, in which financial systems surpass terrestrial limitations and grant autonomy to individuals throughout the cosmos.”
The endeavor by BitMEX to launch Bitcoin into space capitalizes on the popular idiom “to the moon” among cryptocurrency users. It is a common expression among traders and enthusiasts wishing for optimistic momentum to develop around their cryptocurrency tokens.