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.
Well, all that action is not getting past Rocketize (JATO). The project has plans to go to space and take users with it. But how?
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.
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).
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.
Conclusion
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.
For more information about Rocketize (JATO) token:
Presale: http://rocket.rocketize.io/
Website: http://rocketize.io/
Telegram: https://t.me/RocketizeTokenOfficial
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
CES 2024 focuses on AI, with 4,000 exhibitors and a humanitarian emphasis amid global conflicts and pandemic measures. The event prompts contemplation on AI's future impact on humanity.
EdmundOpenChat, a decentralized chat app on the Internet Computer blockchain, aims to improve social media discourse by implementing a "proof of unique humanity" system. With over 100,000 users, the platform collaborates with Modclub for content moderation and plans to trial facial recognition to address the challenge of multiple accounts. Using crypto addresses and NFTs for authentication, OpenChat aims to combat toxicity on mainstream social media platforms and incentivizes positive engagement through token rewards.
JixuAt the annual Web Summit in Lisbon, Portugal, whistleblower and activist Chelsea Manning expressed concerns about the development of artificial intelligence (AI) and its potential impact on the human experience. Manning questioned the motives behind rapid AI development, emphasizing the need to consider the human element, privacy rights, and the potential commodification of everyday interactions.
Huang BoWhen McDonald's introduced the self-service kiosk, for example, I found that my impression of McDonald's inevitably changed.
SnakeAs cryptocurrency gains prominence, its role in humanitarian aid has grown significantly, particularly during times of conflict and crisis.
Hui XinIn the future, as indicated by the roadmap and previous AMA conducted by the Laika AI team, they plan to introduce AI-powered solutions for decentralised finance (DeFi) and non-fungible tokens (NFTs).
BitcoinworldThe U.S. government's increased actions against the crypto industry recently.
BitcoinistWe've seen play-to-earn and move-to-earn, now it's time for wear-to-earn — and these 10,000 NFTs can be redeemed for distinctive physical T-shirts.
Cointelegraph
CatherineHow blockchain technology might help developing economies to increase financial inclusion — a closer look at financial services in Ghana.
Cointelegraph