Diana, a Blockchain 'Lunar Registry,' Attempts to Tokenize the Moon

Published on by Coindesk | Published on

On the 50th anniversary of the Apollo 11 Moon landing, Diana, a blockchain startup, is launching a "Lunar registry" that attempts to place the lunar surface on a distributed ledger.

The project is offering collective ownership of Earth's only natural satellite through dividing the moon into 3,874,204,892 cells encoded on a blockchain by a 3-word address.

Dia, a native token distributed upon registration, will be exchangeable with mond, intended for transactions.

Accordingly, registration costs will increase as more tokens are sold, which will "Boost" the value of tokens for market participants and prevent speculation.

Fifty percent of the tokens will be made publicly available, while less than 2 percent will be reserved for the founders and development team, and the rest will act as a reserve.

Tokens will be held in "Noun.verb.noun" addresses.

"Outer space, including the Moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means."

The project leads think this next-gen space race will inevitably lead to the question of "Who owns the moon."

"Given the increased possibility of ownership disputes," Diana is currently offering tokenized ownership of the visible lunar surface - a chance for everyone to get a slice.

As part of the project roadmap, the team hopes to establish a Together Moon Foundation, appoint an international and space expert defense team, and "Develop the biz model for Moon possession."

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