Blockchain to the moon? New project Diana aims to solve the "ownership of the moon" issue
It is reported that a new blockchain project has been launched and successfully registered, aiming to partition and label parts of the lunar surface in an attempt to place the lunar surface on a "distributed ledger."
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Just recently on 7/20, it marked the 50th anniversary of the successful moon landing, a phrase that is familiar to all of us: "That's one small step for a man, one giant leap for mankind." And believe it or not, it happened! According to a report, a blockchain project called Diana is poised to bring "giant strides" to the blockchain world.
The project officially launched on 7/19, just a day before the 50th anniversary. The project's goal is reportedly to "secure human rights to what might be possible on the moon and attempt to resolve ownership issues."
The Lunar Registry will ensure the confirmation of lunar landings, with Diana stating:
The project aims to clearly define human rights to what might be possible on the moon, as collective registration can reduce the likelihood of ownership disputes.
Indeed, who does the moon belong to? This question is extremely difficult to answer. This is where blockchain technology comes into play, utilizing its decentralized nature to prevent control by specific entities. The divisibility feature can evenly distribute this vast asset, and through blockchain's traceability feature, ensure the allocation of ownership of this asset.
The project plans to divide the moon into 3,874,204,892 units of blockchain-encoded 3-digit addresses and offer collective ownership of the Earth's unique natural satellite, essentially dividing the moon into numerous blocks for sale. Similarly, high-capital real estate is gradually using the same technology for segmentation.
The project will use two ERC-20 standard tokens: DIA tokens will serve as indivisible evidence of unit registration on the lunar surface, while MOND tokens will be a trading token backed 1:1 by the US dollar. DIA tokens are distributed at registration as native tokens and can be exchanged with MOND and used for transactions. As more tokens are sold, the cost of registration will increase, enhancing the token value for market participants and preventing malicious speculation.
According to the official statement, 50% of the tokens will be publicly issued, while less than 2% will be reserved for founders and the development team, with the remainder being used as reserves.
Next, in the English version and Chinese version of the whitepaper, it quotes Article II of the "Outer Space Treaty" of the United Nations, which stipulates:
Outer space, including the moon and other celestial bodies, shall be free for exploration and use by all states without discrimination of any kind, on a basis of equality of rights. Diana aims to somehow circumvent hegemonic theories of private ownership and exploitation of lunar resources.
However, the founder points out that many sovereign countries, such as China, and other financially powerful countries, are preparing to explore, and even monopolize, the common heritage of humanity. He also believes that the next generation of space race will inevitably lead to the question of "who owns the moon," hence the birth of this project.
Lastly, the team aims to establish a Joint Lunar Foundation, appoint an international and space expert defense team, and develop a "business model" for lunar ownership.
We can look forward to this project, perhaps in the future you can tell your friends, "Hey, I bought the moon today." Or maybe not.
Further Reading
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