ASTRCoin The Democratizing Space
Asteroid, Ltd. was founded in November of 2015, at the Cyberport in Hong Kong, a significant facility dedicated to the incubation of technology leaders. The ASTR innovation team is stellar and provides the backbone to the technical, financial, creative and marketing expertise necessary to ensure the ongoing stability and financial viability of the technology. The Asteroid team has a combined experience of over 75 years in every sector from Astrophysics and Finance to Rideshare Platforms and Information Technology.
Asteroid, Ltd. proposes a unique implementation using their proprietary mechanism called a BlockClaim®. The described system will be deployed worldwide to record mining claims both in a terrestrial environment and a non-terrestrial space environment. The proposed system will leverage smart contract techniques to automate a process whereby the dataset will define a mining claim.
Asteroid, Ltd. recognizes that to truly democratize space, a decentralized system must be established that will allow any individual, corporation or nation state the ability to easily and efficiently make their claim. Each BlockClaim® is essentially an immutable and secure smart contract utilizing the Blockchain to store a BlockClaim®.
WHAT IS ASTEROID MINING?
Asteroid mining is the exploitation of raw materials from Asteroids and other minor planets, including Near-Earth objects. Minerals and volatiles could be mined from an Asteroid or spent comet then used in space for in-situ utilization (e.g. construction materials and rocket propellant) or taken back to Earth. These include gold, iridium, silver, osmium, palladium, platinum, rhenium, rhodium, ruthenium and tungsten for transport back to Earth; iron, cobalt, manganese, molybdenum, nickel, aluminium, and titanium for construction; water and oxygen to sustain astronauts; as well as hydrogen, ammonia, and oxygen for use as rocket propellant.
THE BLOCKCLAIM®
The known near earth asteroids are currently being tracked by NASA, JPL, and Planet Centre. Each asteroid is catalogued with the composition, approach, size, and estimated dollar value. Upon launch of the BlockClaim® ledger, each asteroid’s value is apportioned into a number of BlockClaims® ; each representing $1,000,000 USD of value with each individual BlockClaim® at a fixed price of $10 USD per claim. BlockClaims® can be registered by using an ASTR® Token. A BlockClaim® will be fixed to the equivalent of $10 USD and purchased by ASTR® Token at the daily exchange rate.
In a move that stunned the whole Space Exploration industry, Asteroid Ltd. has announced their plans to create a proprietary trading platform based on Blockchain technology that will allow anyone to register their claim to an asteroid. Blockclaim® will be the world’s only mechanism to establish claiming rights to the 600,000 Asteroids already identified in our near celestial orbit. Asteroid Ltd will provide and host this platform registry using a state-of-the-art Blockchain distributed ledger for transactions and open to the public record keeping.
The Pre-Sale for this groundbreaking ICO has already opened and is expected to close on November 20, 2017. The ICO will then open to the public on November 21, 2017, and run through December 18, 2017. Only 100,000,000 tokens will be issued so it is important that potential investors act fast. The Pre-Sale discount is 75% to early contributors. During week 1 through week 4, a scaled bonus provision will be provided.
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Website Asteroid,Ltd
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