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After NFT and tokens: now comes the first moon database

 


The company Lonestar Data Holding wants to transport databases to the moon. The aim is to be able to store and retrieve all the data in the world there. NFT and tokens from the moon are already old school.


The moon will soon not only be populated by humans, but also by databases. At least that's what Steve Altemus, CEO of Lonestar Data Holding, would dream of. NFT and tokens from the moon are almost old school. By 2026, the capacity of the database should be 50 petabytes.


For comparison: Facebook alone produces 4 petabytes of data per day - so the start-up still lacks a lot of capacity for mass use. However, Altemus cannot be stopped in his visionary thoughts :


“It is unthinkable for me that we keep our most important assets, our knowledge and data, on earth. Where bombs fall and fires reign. We need to get our assets off our planet where we can safely store them."


How Lonestar wants to bring the databases to the moon? The company has already signed two contracts with a NASA-affiliated company called Intuitive Machines . Lonestar is allowed to transport software and hardware to the moon on board two rockets. After the tests you want to go online.


NFT and tokens from Lonestar

The project could fail because of two problems: On the one hand, the moon is known for its incredibly difficult landings, and on the other hand, the surface reaches temperatures between -183 degrees and +106 degrees Celsius . Altemu's answer: He just wants to install the hardware in cavernous lava tubes. The temperature fluctuations are not too high there.


Does that sound too futuristic to you ? Well, that's probably what most of the Diana Blockchain project thought as well. The company now ranks among the top 500 crypto projects with a market capitalization of $107 million .


NFT and tokens for the moon: how should that work?

The Diana company, which has existed since 2019, has already carried out land sales for the moon via a decentralized land register. Using blockchain technology, users are to be entered in the land register as the owner of the parcel they have purchased – they will receive Diana tokens (DIA) for this. The sale of around 4 million parcels took place in 2018/19 for around US$1. With a token price of 0.5 US dollars, the holders have to post a loss.


Another blockchain startup, Luna, is selling lunar parcels as NFTs on the Binance Smart Chain. Users can pay the company with dollars.


How these ventures are to be classified legally is not entirely clear. According to the UN Space Law of 1967, the moon must not belong to any state and is regarded as common property of mankind. Since this regulation does not explicitly include a ban on private individuals, companies see their opportunity there.


The question, however, is what exactly happens when several companies sell land on the moon? What if two private individuals then own the same parcels? Is it all nonsense? Ultimately, you have to decide for yourself whether you think this is awesome or just a rip-off. Maybe Elon Musk will colonize the moon before that – and everyone is just unlucky.


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All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action taken by the reader based on the information found on our website is entirely at their own risk.

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