SpaceGold

William Mook
2 min readFeb 2, 2019

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New Cryptocurrency Launched backed by notional gold production in space.

Where to buy… On the Exchange
https://etherdelta.com/#0x5cac3991e1d...

Ethereum Explorer
https://ethplorer.io/address/0x5cac39...

More about SpaceGold
https://spacegold.online

SpaceGold is a decentralised platform that records users who have purchased streams of gold that are produced off world in space from asteroids using the Blockchain (Ethereum).

Users may take physical delivery of gold or trade their SpaceGold tokens to others using our platform.

Each SpaceGold token gives the holder the right to a stream of 240 milligrams of physical gold mined and refined in space over a 240 month period.

Physical gold is returned to Earth on a regular basis from space by companies we invest in.

Physical gold is retrieved and available to be redeemed by token owners in 1/10th troy ounce increments (3,110 SpaceGold tokens) for payment of 25% (1/4) the price of gold as traded in the London Precious Metals Market after gold is returned.

Physical Gold is available for release at a rate of 1 milligram per month per token for 240 months after off-world production starts.

Funds received will be invested in companies that extract gold from a comet or asteroid and return it to Earth and who agree to SpaceGold’s terms.

Companies that qualify to support SpaceGold’s streaming contracts are;

  1. Deep Space Industries, Inc.
  2. Planetary Resources, Inc.
  3. Moon Express
  4. iSpace
  5. Asteroid Mining Corporation
  6. Shackleton Energy Company
  7. Kleos Space S.A.
  8. TransAstra Corporation
  9. SpaceFab.
  10. US National Aeronautics and Space Administration
  11. MokAerospace (Boeing, Rocketdyne & SpaceX)

According to USGS the Global Space Mining Market is expected to be returning 25 tonnes of gold to Earth each year by 2025. This amounts to 1% of all gold mined at that time which supports 2.083 billion SpaceGold tokens created and on offer today.

Mining from Space represents a new fifth sub-cycle.

The lack of precious metals, and other rare earths, spell an end to our industrial economy that’s even more significant than the lack of low-cost abundant energy!

Without oil our cars won’t run. Plastics will be dear. Fertilizers will be too costly to use widely.

Without rare earths, we won’t be able to make integrated circuits, exotic metals needed for rockets and jet engines and sensors.

Here is the value of precious metals in 100 tonnes of rock on Earth vs 100 tonnes of rock on a typical asteroid.

https://www.scribd.com/doc/212158958/Asteroid-Mining
https://www.scribd.com/doc/117734816/NEO-Targets-2012-Through-2045
https://www.scribd.com/doc/117734905/Lander-Digger-Dog
https://www.scribd.com/doc/117734923/Itokawa

Solar pumped laser feeds energy to an asteroid lander that vaporises asteroid material forming a plasma. That plasma is separated according to atomic weight and refined gold is deposited on a 105 mm wide ribbon to a thickness of 0.76 mm. The ribbon is 45.5 km long and is wound up inside an aeroshell. Every two to three years the aeroshell is sent back to Earth as the asteroid flies past. Sufficient resources to produce continuously for 30 years is on board each lander.

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