The 50th anniversary of the Apollo 11 moon landing this month has reminded those who saw it first time round about what an incredible feat it was, and introduced a new generation to the possibilities of space exploration and a new economic sector. Central Florida has plans to be a space port; a centre for space tourism and much more.
It is hardly surprising then that another space-related project has been announced this week: a new blockchain project has launched a registry that would tokenise portions of the moon’s surface.
According to Cointelegraph, the project is named Diana after the Roman goddess of the hunt and the moon, and it launched on 19th July, the day before the 50th anniversary of Armstrong and Aldrin making that astonishing moon landing. The goal of this project is purportedly to “secure the possible right of man to the Moon to propose a solution to ‘who owns the moon.’”
The project’s white paper quotes Article II of the United Nations Outer Space Treaty, which states: “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.”
According to the announcement, its lunar registry will secure access to the moon, because it is becoming more likely that governments will exploit space for its wealth of resources: “The Diana project aims to clearly define the possible rights of mankind to the Moon, given the increased possibility of ownership disputes, through collective registration.”
By dividing and tokenising the moon’s surface into some 3.8 billion pieces, the Diana project would somehow circumvent the spectre of private ownership and theoretical exploitation of the moon’s resources by those seeking to have a monopoly.
The registry will operate with two ERC-20 standard tokens: DIA tokens will act as indivisible proof of registration of a cell of the moon’s surface, while MOND tokens will be transaction tokens backed 1:1 by the United States dollar.