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

In order to commemorate the 50th anniversary of the Apollo 11 Moon landing and Neil Armstrong’s “small step,” a blockchain startup, Diana took a “giant leap” for blockchain by launching a “lunar registry” so as to place the lunar surface on a distributed ledger.

The project offers a collective ownership of Earth’s only natural satellite through dividing the moon into 3,874,204,892 cells encoded on a blockchain by a 3-word address. Proof of stake in this “cadastral map” is represented by two tokens, dia and mond.

The startup further plans to develop a decentralized autonomous organization and to eventually build an exchange so as to build an economy around the orbital celestial object.

A native token distributed upon registration, Dia will be exchangeable with mond, intended for transactions. Registration costs will accordingly increase as more tokens are sold, that will “boost” the value of tokens for market participants and prevent speculation. Fifty percent of the tokens will be publicly available and less than 2 percent will be reserved for the founders and development team.

The rest of the tokens will act as a reserve. Tokens will be held in “diana.love.BTS, i.am.yourfather, and Read more:FairX Shuts Down Its Operation Due To Lack Of Financing

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