Crowdfunding platform for international space projects lifts off at Davos

Crowdfunding platform for international space projects lifts off at Davos

The Spacebit crowdfunding platform is launching at the World Economic Forum in Davos, Switzerland today. It will enable individuals to participate in space exploration projects.

Crowdfunding platform for international space projects lifts off at Davos

Members of the general public who join the community will have opportunities, through the platform, to propose missions, find people to cooperate with and crowdfund.

Pavlo Tanasyuk, founder of Spacebit, comments: “Space exploration is currently reliant on governments and commercial investors.  But we believe that individuals and private stakeholders will become the new space pioneers.”

“We believe that technologies like blockchain, which powers cryptocurrency, and a new kind of crowdfunding is the future of space exploration.We will first launch a satellite, financed using this groundbreaking platform. After that we are aiming for lunar missions.”

He added: “Launching a satellite will prove that community-funded missions are viable and will ensure that the future of space exploration can also be privately funded. Once the doors to space are open – the possibilities are endless.

“We are proud to launch this innovative platform where individuals can work together on space missions.”

Crypto-funding space

Once launch costs are met, Tanasyuk says the next step is launching the first publicly crypto-funded space mission.

 

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