Skip to content

$1.7 million Bitcoin bounty to be sent to moon in an interplanetary exploration incentive

$1.7 million Bitcoin bounty to be sent to moon in an interplanetary exploration incentive

A company specializing in social intelligence for the cryptocurrency ecosystem, LunarCrush, has announced its intention to send a treasure chest of 62 Bitcoins (BTC), valued at approximately $1.76 million at the time of writing, to the moon. Literally.

The Bitcoin bounty, dubbed as Nakamoto_1, will only be accessible to the first space traveler who reaches the moon and obtains the private key for a crypto wallet engraved on the Lunar Outpost MAPP Rover, which will be launched into space later this year, the company said in an official press release published on March 23.

To achieve that, LunarCrush partnered with Lunar Outpost, animation studio Golden Wolf, and Bitcoin developer tools company Hiro to fund the project through the sale of an NFT collection. According to the firm, the ultimate goal is to “inspire the next generation of interplanetary exploration.”

The bounty is available to anyone on Earth

Notably, the project plans to fully document the process of engraving the private key affixed to the rover as a way to ensure complete transparency. Once Lunar Outpost’s MAPP Rover lands on the moon, the bounty is available to anyone on Earth who can devise and execute a plan to reach it.

As per the press release, the moon mission is part of a larger effort to inspire innovation and exploration.

“When you put out a seemingly unachievable goal, the innovation that happens can be incredible,” said Joe Vezzani, CEO of LunarCrush. “Our goal is to inspire people to build communities that will unlock a new era of exploration.”

Lunar Outpost’s Chief Strategy Officer, Dr. Forrest Meyen, said,

“What may sound outlandish to some will open new frontiers that haven’t been explored outside the mind in a long time. Future generations will look to us as pioneers of interplanetary exploration and adventure.”

The Bitcoin bounty will be delivered via a SpaceX rocket in Q4 of this year, but the exact date has not yet been released for security reasons.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.