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To the Skies! - Asteroid Ltd Aims to Start Democratization of Space

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To the Skies! - Asteroid Ltd Aims to Start Democratization of Space

Post by Vladdirescu on Fri Nov 17, 2017 4:25 pm

Space is the final frontier of man and while it is true that we are nowhere near close to scratching the surface of space travel and exploration, we all are deeply fascinated by it. It is said that within a decade or so, we will have the first Mars bound rocket and crew ready for the first mission.

This is why everyone understands that there is a huge potential for space exploration and even using it for material gain. Asteroid Ltd, a Blockchain start-up company, is aiming to democratize the space by allocating rights of asteroids to participants of its ICO.

Yes, you heard it right. Rights to asteroids themselves! For those who don't know, asteroids are huge chunks of rock that orbit the Sun just like our planets, but they do so in groups and don’t have the mechanics to be a planet themselves. Some of the asteroids are extremely large and we call them planetoids. The biggest asteroid is quite massive and is called a dwarf planet just like Pluto was once. These asteroids are mostly present in between Mars and Jupiter’s orbits, and they orbit the Sun while being influenced by other planets as well.



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