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Home Blockchain

Diana, A Blockchain ‘Lunar Registry,’ Attempts To Tokenize The Moon

July 5, 2021
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Diana, A Blockchain ‘Lunar Registry,’ Attempts To Tokenize The Moon
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Diana launched a “lunar registry” to record the lunar surface’s location on a distributed ledger to mark the 50th anniversary the Apollo 11 Moon landing.

This project allows for a collective ownership of Earth’s only natural satellite. It divides the moon into 3,874,204.892 cells, which are encoded on a blockchain with a 3-word address. Two tokens, dia or mond, are used to prove ownership in this “cadastral mapping”.

Further, the startup plans to create a decentralized autonomous organisation and eventually to build an exchange in order to build an economy around orbital celestial objects.

Dia, a native token, will be distributed upon registration. It can be exchanged with mond and used for transactions. As more tokens are sold, registration costs will rise. This will increase the token’s value and stop speculation. The public will have access to fifty percent of the tokens, while the developers and founders will only be able to access less than 2%.

Rest of the tokens will be used as reserves. Tokens will remain in the “noun.verb.noun” addresses. As examples, “diana.love.BTS”, i.am.yourfather and amstrong.land.Moon” are possible.

According to the white paper of the project,Article 2 of the UN Outer Space Treaty is:

“Outer space, which includes the Moon and other celestial body, is not subjected to national appropriation through claim of sovereignty, use or occupation or any other means.”

The founders pointed to the fact that the treaty does not mention “private ownership” of the solar system. They also noted that many capital-rich corporations like Jeff Bezos’ Blue Origin are preparing to explore and possibly monopolize humanity’s shared heritage.

This project will undoubtedly raise the question “Who owns the Moon?” Diana currently offers tokenized ownership of visible lunar surface. This is “Given increased ownership disputes.”

The team plans to create a Together Moon Foundation and a space and international expert defense team.

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