From its members, the MoonDAO project collected cryptocurrencies worth eight million US dollars. The funds were used to purchase two tickets for a space flight in a spaceship from Blue Origin, the company of Amazon founder Jeff Bezos.
Coby Cotton, a member of the viral stunt and trick shot group “Dude Perfect“, was on board. However, after his twelve-minute trip into weightlessness, Cotton has now arrived back on Earth in good health.
🚀 WE DID IT!!!! 🚀
We literally launched someone into space through the power of crypto.
This is only the beginning, stay tuned for information on our second flight…✨✨✨ https://t.co/gEor9KO7VQ
– MoonDAO (🌜,🌛) (@OfficialMoonDAO) August 5, 2022
The mission of the MoonDAO is to ”decentralize access to space,” according to the official website. More than 5,000 members of the MoonDAO voted on Discord for Cotton as a candidate. The vote was made with the specially created token MOONEY.
The DAO also aims to host parties on the moon. Drinks are to be brought along, but transport will be provided. Before sipping cocktails in the universe, however, one would like to establish a lunar colony, collect research funds and occasionally bring MoonDAO members into space.
“Space should be in the hands of the people and not in those of a single nation or private entity,” the collective further explains on its homepage.
A new kind of crowdfunding
The idea of using a DAO to raise funds for a specific purpose is not new. In November 2021, the ConstitutionDAO had raised more than 30 million US dollars from its members to auction a copy of the American Constitution.
True, the attempt failed. However, he initiated a new movement of crowdfunding, from which the MoonDAO is now emerging with significant success.
The second ticket purchased was intended for the launch of another Blue Origin rocket scheduled for the fall. The MoonDAO would then randomly select one of its own members for the flight into space. Before that, however, they have to buy a “ticket to space” in order to be eligible for the election.