BitMEX's Bitcoin Soars To The Moon

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BitMEX, a leading crypto derivatives
exchange, is embarking on a lunar escapade, sending a Bitcoin soaring to the
Moon’s celestial embrace on January 8 at 02:18 am ET from Cape Canaveral Space
Force Station, Florida, that’s this Monday for any rocket watchers out there.

In partnership with Astrobotic, Bitcoin Magazine, and Oxcart Assembly, the absolutely
vital mission aims to showcase Bitcoin’s potential in forging a borderless
financial system beyond our earthly bounds. It marks the first Western soft
lunar landing since NASA’s Apollo 17 mission in 1972 and might just herald a
new era of commercially driven Moon missions.

Astrobotic’s Peregrine-1

Astrobotic’s
Peregrine-1, scheduled to land on the Moon on February 23, could make
history as the first Western soft lunar landing in over 50 years. Integrated
onto Peregrine-1, the Bitcoin, symbolizing a monetary system for a space
economy, is set to reach the lunar surface, highlighting the capabilities of
blockchain technology and Bitcoin to cross financial frontiers.

🛰️ The actual Bitcoin is now integrated into Moon lander Peregrine-1. It also carries 20 other payloads from 7 different countries.

Quiz 2️⃣: Comment below the correct answer to win 200 $BMEX Tokens👇
Can you name who else was on board Apollo 17?#BitcoinToTheMoon #MoonBTC… pic.twitter.com/PyUks9h3FC

— BitMEX (@BitMEX) January 5, 2024

A Leap into a New Era?

Stephan Lutz, CEO at BitMEX, said, “The mission is a momentous
achievement in space exploration, representing the first step of creating a
monetary system for a space economy. Perfectly preserved for future
generations, the Bitcoin on the Moon is a time capsule that captures one of the
most significant human innovations and technological advancements. This
decisive leap forward is just the beginning of a new era. I’m excited to see
what lies ahead for decentralized finance where financial systems transcend
earthly boundaries and empower individuals across the cosmos.”

A Cryptocurrency Capsule

A render of the front of BitMEX’s coin.

A render of the back of BitMEX’s coin.

But what exactly are we talking about here? A physical Bitcoin,
weighing 43 grams and carrying 1 BTC (valued at around $44,000-45,000), will
become the first financial asset to touch the lunar surface if all goes to plan.
Engraved with a public address and private key, this symbolic coin will remain
on the Moon with Peregrine, inviting the crypto community to interact, send
messages, and even their own coins to the lunar realm.

The Bitcoin, before being placed inside the lander.

A Fusion of Technology, Finance, and Exploration

Ben Usinger, Head of Community at BitMEX, who also spearheaded the promotion of the mission said, “We are
thrilled about the launch, thanks to the dedication of like-minded partners who
share our commitment to pushing the boundaries of exploration. We hope our
pursuit to expand the horizons of technology and finance will inspire a new
generation of innovators and pioneers to reach for the stars. Fostering a
future where cryptocurrency and space exploration go hand in hand, paving the
way to explore uncharted territories and fuel the evolution of Bitcoin beyond
Earth.”

Celestial Trading Extravaganza: A Lunar Trading Competition

In celebration of this historic voyage, BitMEX is running a trading
competition with prizes during the orbit phases of the mission. You can explore
it all here.

We’re excited to see the launch, and here’s hoping that it goes a
little better than Elon
Musk’s recent Space
X failure.