Image Source: Science Time
The CEO of SpaceX is all set to join hands with a Canada-based startup Geometric Energy Corporation (GEC), is a Canadian startup that provides technology services to make advertising in space a reality.
According to recent reports, the tech billionaire and the Canadian are working towards putting a billboard into low Earth orbit. Until, next year the team is aiming to send a satellite into space aboard a SpaceX Falcon 9 rocket that will allow advertising content to be beamed from Earth. The satellite is called a CubeSat. Once it reached orbit, a selfie-stick attached to the side of CubeSat will film the display screen. The footage will be livestreamed on YouTube or Twitch platform so anyone can tune in to watch the satellite’s screen. This innovative CubeSat satellite will be releasing in 2022.
Image Source: Tech-Juice
The CEO Samuel Reid said, that not just advertisers but anyone who wants to have their work or product displayed, including artists and entrepreneurs can access display screen to share their work and talent.
The journey of CubeSat started in 2018 when Reid reached out to SpaceX to initiate the adverting project but got no reply. It took SpaceX a long while to take GEC seriously before he eventually had a meeting at the company headquarters. Reid said his objective was to make access a more democratic concept. Reid is trying to achieve something that can democratize access to space and allow for decentralized participation.
People need to buy tokens to claim, locate and to design a pixel on the display screen. People have to choose from five tokens which includes, Beta for the X coordinate, Rho for the Y coordinate, Gamma for the brightness, Kappa for the color and XI for time.
Beta and Rho token, people can decide where to place their pixel. The Gamma and Kappa tokens allow people to control what their pixel will look like, while the XI token determines how long it will last for. Reid wants to introduced dogecoin payments that why people will be able to buy the tokens with cryptocurrencies such as Ethereum.