Topic: ASTRCoin - Blockchain Asteroid Ledger, Your claim of the vast wealth of Space - page 4. (Read 4328 times)

WEEK 1 - ICO NOW LIVE
First Blockchain ecosystem for the space industry


Our project is going to disrupt the space industry and focus on:
- Terrestrial and Non-Terrestrial Asteroid Claiming Rights Using Blockchain Distributed Technology
- Legal defence and policy adoption
- Space industry investments
- Global Good and Education.


Visit www.astrcoin.io for more information

Asteroid Ltd, is in the space business. Our goal is to level the playing field for all man-kind, by building a company that uses blockchain to decentralize the
Crypto-currency to Power the space community.

We are building an Ecosystem that allows a level playing field for all human-kind when it comes to the vast wealth of space.


Check our new Article:

https://medium.com/@ASTRcoin/asteroid-mining-is-around-the-corner-asteroid-ltd-is-ready-for-it-843f4e1e73d2

Exactly Adsamy,

There are a number of problems we are trying to solve and the first one is the vast wealth of space and who can claim it. Our biggest goal as Asteroid is to be a global good company and help the vast population have access to space and not just a few billionaires.

It's actually one of the founding ideals behind the BlockClaim system.  The concern right now is that there are a lot of Wealthy indiviuals racing each other to space thinking that the first one there will claim it all for themselves.  We believe we can beat them too it by having a globally adopted system and a unified voice supporting the legitimacy of these claims before they corner the market solely for their benefit.

This project may seem crazy to some but the reality is that it is trying to solve a real world (or universe) problem. The Blockchain technology allows this to be transparent and indisputable record of claims and that is just the start of where we want this technology to go in the aerospace industry.

What are some of the issues in the aerospace industry that blockchain technology can solve? This is a particularly big issue for fans who love astronomy

Our pre-sale ends in 1 days. Get in quick while we have the discount on.

Hi Marco,

While we are not planning to burn them, we are also not planning to create any more than 100,000,000 for the ecosystem.
As our platforms come online over the next 6 to 12 months (as per the Roadmap) the ASTRcoin will become more used within the ecosystem. As we bring more services online, more demand will ensue.

Our ultimate goal is to make it the currency of space, but that is in the distant future. Our BlockClaim system (built on the blockchain) will be our first project. This project offers instant liquidity and investment by purchasing your claims on Asteroids.

Use of funds will build be working on legals and within the space industry to ensure a bright future for the currency.

Wonderful.This project looks very unique and might become one of the best if dev plan their roadmap well.Claiming asteriods  seems really complicated.Do you plan of burning the remaining tokens incase you dont sell all.

dear all
here is the Arabic translation of the ANN
https://bitcointalk.org/index.php?topic=2461372.new#new

Hi MikeJones,

You are right, what was borne our of the Dept of Commerce as in initiative is now an international, community-driven organization independent of any one government. Exactly what we are striving to be.

The purpose of ASTRCoin and Asteroid Ltd. beyond the ICO and its quirkiness is to build a platform using the Blockchain that creates an indisputable record of the claim, when it was made and by whom. From this it would lead to setup legal defense, government lobbying, and legislation suggestions across multiple countries, much the same way ICANN now functions. Of course this is not without its challenges.

Part of our Blockchain model has a domicile royalty. This provides a mechanism for local governments to be rewarded, based on the claimants locality when a company does actually select and start the mining process. Although there are reports of China mining asteroids for more resources, or China dragging an asteroid around the moon to mine it, we believe that its most likely going to be private well funded companies that get their first rather than any specific country. And as more and more companies realize this potential, the space race to the asteroid will only accelerate the technology that makes it all possible.

In due course it is our intention to work with all companies and nation states that are planing future mining activities and for Asteroid Ltd. to build a platform that is indeed fair for all humankind rather than those with the biggest wallets.


Reference:
https://www.smithsonianmag.com/smart-news/nasa-wants-to-drag-an-asteroid-into-orbit-around-the-moon-221339/

In a virtual world like the internet the registration system for domain names works well, and by the way, ICANN was started by the Dept of Commerce, most likely trying to find a way to tax and make money for the US Govt.

In a physical world, when China or Russia land on your asteroid and starting mining, what's your recourse?

Hi Dungard,

Thank you for your feedback.

I am sure when IANA and ICANN originally suggested registrations of domains (way back when, that it sounded ridiculous too.
I am sure when Elon suggestion a re-usable rocket and a mars mission within the decade that it sounded ridiculous at the time.

Asteroid mining is real, and it will happen within the decade. There are already planned missions to explore and probe asteroids early in the new year.
Nasa has a mission planned by 2026 to explore a metal asteroid worth 10,000 quadrillion. So, its not really ridiculous.

So, yes, this project sounds ridiculous, but we are trying to bring this vast wealth to all humanity, rather than just a few billionaires who get their first.

Our project is going to focus on:
- Claiming system (via the blockchain)
- legal defense and policy adoption
- space investment (investing in the very companies that will be reaching for the asteroids)
- global good and education.

Nothing fishy going on here.


Reference:
https://futurism.com/nasa-fast-tracking-plans-explore-metal-asteroid-worth-10000-quadrillion/
https://pri-wpengine.netdna-ssl.com/wp-content/uploads/2017/08/PR_P34Infographic_v7-WEB.jpeg

how can anyone be so braindead to invest in such a ridiculous project come on, claiming ownership of asteroids??? what is the value behind that. i scent a fishy smell...

Hi benzi90,

PM me or Join the telegram group: https://t.me/joinchat/HMExBUumuJYKJnghdMqQUA and we will look into it for you immediately.

Its governed by a smart contract so it depends on how you sent it. Make sure it is a ERC20 compatible wallet like MyEtherWallet.

i just made a payment for buying aster , and i have indicated my etherwallet adress but i didnt get any token yet . when i am gonna receive my tokens on my ether wallet ?

Hello Mike.  This is not a name a star for yourself project, these are real assets that humankind is on the brink of accessing as early as the next 3 years (https://gizmodo.com/this-mining-company-plans-to-land-on-an-asteroid-in-thr-1785112235).  Currently https://www.whois.com shows you who has claimed URLs for themselves by paying a registration fee to ICANN in order to register their claim to a URL.  One cannot say that ICANN or Netsol owns the right to any TLD or URL they are merely a registrar, in the same way we are offering to establish a similar registration system for the vast resources found in Outer Space.  The world's space agencies have already identified and valued these resources and made that information public.  By current valuations NASA states that there is $100,000,000,000 USD of value for every person living today.  We are simply offering a Blockchain Ledger which has categorized these resources and provides the ability for anyone to register their claim on them.  The 1967 Outer Space Treaty clearly states that rights to these resources belong to all of Humankind.  However, as with all things there will need to be an established order to ensure that everyone can participate.  Space should be a do over for Humanity.  Instead of allowing for the elite 1% to capture these resources first and make claims that are solely for their benefit, we can democratize space here and now by creating a formal system for everyone to make a claim.  A simple review of recent laws in both the United States and Luxembourg, written by the wealthy for the wealthy, brought us to the conclusion that space should and must be democratized in the same way that the Internet is a world resource belonging to all humankind, in fact no one owns it.  We all know that if we had made a claim to the early dot coms we would be wealthy today.  Interestingly, no one can really say they own their dot com in fact it is just registered to them for a given length of time, and renewed on a regular basis.  We believe that if Blockchain technology were envisioned at the advent of the internet we would be using a Blockchain Registrar to establish a claim to a URL through a smart contract today.  From a legal perspective the concept of Terra Nulius covers that which is considered "no mans land" and as such there is legal precedent in international law for a BlockClaim.  A BlockClaim is both disruptive and enchanting.  It will allow anyone the ability to lay claim on what clearly belongs to all humankind.  It is the perfect use case for one the largest undertakings humankind has ever attempted.

A few interesting Articles for reference:
https://www.engineering.com/DesignerEdge/DesignerEdgeArticles/ArticleID/15308/Asteroid-Mining-Who-Wants-to-be-a-Trillionaire.aspx
http://www.itechpost.com/articles/49810/20161103/asteroid-mining-100-billion-everyone-earth-nasa.htm
http://uk.businessinsider.com/the-value-of-asteroid-mining-2016-11
https://en.wikipedia.org/wiki/ICANN
https://en.wikipedia.org/wiki/Outer_Space_Treaty

Hi themanfromimgur,

We will be using the proceeds from the ICO to start a member acquisition campaign. 
This will happen through the Asteroid Society which is public good company for likeminded individuals interested to know more and discuss Asteroids and Space Exploration.  The Asteroid Society will be the exclusive access point for making BlockClaims.  Currently the Asteroid Society has tens of thousands of members with new members signing up daily.   You can find out more about the Asteroid Society at www.Asteroid.org.

You have got to be kidding me. This is like the international star registry!

Someone lock this thread so it dies a quick death...

That's great. How does Asteroid Ltd. plan on marketing this idea to the masses? It's a bit complex and I would think it will take a bit for people to wrap their heads around it.

This was a question we considered carefully.  The difficulty we had was how to peg a BTC = ASTR value when we already associated it to ETH as well.  Since there is such fluctuation in the day to day values of BTC and ETH how could we properly and fairly assign the exchange for you the contributor? 

Well we went back through our figures from earlier in the year when we first started to lay out the ICO plans.  What we realized is that we had pegged a 1 ETH = 120 ASTR value back when ETH was only $90 USD (May 2017).  That got us thinking; why should an ETH holder get the same amount of ASTR when the value of ETH has grown so much in that time?  Surely any other market in the world affords the holder more buying power when the value of their currency goes up.  Why is it the opposite in ICOs? 

The solution became clear!  We flip the traditional ICO model and ensure that the buying power is put back in the hands of the ICO Contributor, not the ICO Offeror.  We at Astrcoin.io proud to offer a new calculation on the Pre-Sale and ICO. 

What it offers:

- Every 24hrs at 01:00 UTC +8 we will update the ETH = ASTR calculation to reflect the market value changes in ETH.

- A Smart Contract for ETH Purchases will now issue ASTR automatically after the ETH Transfer is received.

- A new model which properly reflects the buying power of ETH and how much it has increased since our prices were pegged in May 2017.