Minerva Space Technologies plans to modernize space domain awareness with NFTs

Posted by Kapil on November 29th, 2021

Efforts to improve space domain awareness

Minerva Space Technologies is searching for collaborators to join its ambitious campaign to raise awareness about the space realm.

Minerva plans to build an ecosystem after getting a 0 million credit facility. This will include data on space objects that can be gathered, compared, and confirmed using non-fungible, or one-of-a-kind, digital tokens.

Non-fungible tokens (NFTs) are all the rage in the digital art sector, where people use bitcoin to buy and sell music videos and cartoons.

However, in this situation, unique tokens would be linked to observations of circling spacecraft and debris rather than digital art. These two are gathered by sensors on the ground and in space, including those Minerva wants to launch.

Unique tokens are significant because their entire history may be encrypted and kept on a blockchain, making them incredibly difficult to alter.

Minerva co-founder and CEO Nelson Santini remarked, “We want to provide a service that helps validate and authenticate the data.” “If my space activities are based on data that is partial, erroneous, or corrupt, I have a problem.”