newlink: Space Fund launches "first" space cryptosecurity tokensteemCreated with Sketch.

in #newslink6 years ago (edited)

spacefund_logo.jpg

The world’s first space security token was announced today at the Crypto Summit, by SpaceFund Inc., a Texas based venture capital firm focused on using new blockchain technology to fund ‘frontier enabling’ space technology startups.

“SpaceFund’s goal is to support the development and profitability of amazing new space startups around the world,” said Rick Tumlinson, founding partner of SpaceFund, co-founder of several leading space initiatives, and space industry thought leader. “With Jeff Bezos, Elon Musk, and others investing billions into a space economic infrastructure, a revolution is underway in space. We want to allow more visionary people to get involved, to support the entrepreneurs opening space to humanity, and to share in the wealth it will create. This offering is both a giant leap and a first step in that direction.”

http://www.parabolicarc.com/2018/10/29/spacefund-launches-worlds-space-security-token/

I've have long considered this as a possibility. However, what I'd really like to see is a mechanism whereby individual companies are created via ICO, buy a reusable rocket and then are operated as a separate shipping company or airline. This would allow the rocket companies to focus on developing, testing and improving the rockets rather than both being a manufacturing company and a the companies that flying the rockets can focus on operations. Boeing vs the airlines. That model would open up for orbital transports and whatnot as well.

Just a thought. Drop a note, if you're game. ;)

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