SpaceChain May 2021 Report

Announcement

QRC tokens to ERC V2 tokens swap

We will be ending support for the swap on 31 July 2021. Over the past 6 months, we have facilitated the swap of over 10m QRC tokens to the new, DeFi enabled ERC20 V2 variant. If you have not done so, you can swap your tokens here!

Spacechain opens new Liquidity Mining program at GYSR, for advanced traders

Two launches in June

SpaceChain is open for business! That’s right, in June, we will be having our commercial launches for our clients — Nexus Inc., Biteeu, and Divine — who will be using our expertise in the blockchain and digital assets protection sector to further advance their core products.

SpaceChain Announces New Commercial Use Cases for the Blockchain Industry in Outer Space

We have also partnered with Eurasian Space Ventures, a Kazakhstan-based company that aims to serve as an international hub for space projects and related organisations looking to capitalise on the well-established space infrastructure and ecosystem in the country.

We are looking forward to the numerous opportunities each company will bring forth from one another, and there will be many upcoming space projects to further advance the vision of a new space economy. Stay tuned!

SpaceChain and Eurasian Space Ventures Sign MOU to Spearhead Development of Joint Space Projects

Community Activities

SpaceChain CEO Zee Zheng was invited to deliver the keynote for the Space panel at Consensus 2021. He was also interviewed by Coindesk TV where he shared more about our launches in June.

Worth reading

SpaceChain was featured across various media. Here are the top highlights:

SpaceChain Looks to Merge Blockchain Technology with Outer Space

SpaceChain deploying Ethereum to the International Space Station

Blockchain startup SpaceChain partners with Kazakhstan-based spacetech firm

SpaceChain Signs MoU With Eurasian Space Ventures - Via Satellite -

SpaceChain to Deploy Commercial Blockchain Tech With SpaceX Launches in June - CoinDesk

Startup Info also had an interview with Zee to understand the effects COVID-19 had on the industry. Learn how SpaceChain successfully navigated the crisis to make the launches possible!

Hub 71 initiative

Hub71 is a flagship initiative of the Dh50bn Ghadan 21 economic stimulus programme and every quarter, the initiative selects a number of start-ups that meet its criteria to join its incentive programme. SpaceChain has been selected to join the flagship program where we will be offered 100 percent free housing, office space, and health insurance for two years for seed companies and 50 percent subsidies for three years for emerging companies. Read more about it here.

Technical Progress

• Completed the migration of the Heco node software on the vendor hardware board.
• Completed the migration of space node software on the vendor hardware platform.

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