About MarsCoin — Already Listed Or To Be Launched?
Mars — the Red Planet — the fourth planet in our solar system has been a part of the exploration program by NASA. The goal of the program consists of exploring the planet, which involves studying and gathering scientific discovery and information; the working also involves finding the search of Life in the Perseverance Mars Sample. The human settlement seems to have the potential to be a reality someday!
Wherein SpaceX has been developing and working on the surface logistics and infrastructure on transportation solution and The Mars society that also involves making human a multi-planetary species! Thus that’s when Marscoin comes into the picture — Marscoin supports the non-profit Mars Society and lets you make a contribution to the exploration, settlement and other space-related projects.
Marscoin is derived from the Litecoin fork of Bitcoin. The cryptocurrency is a peer-to-peer and distributed open cryptocurrency that would help incentivize space exploration. It is a testbed for experiments along with the technologies that would help build governance, inventory tracking, voting, trading and capital allocation. The cryptocurrency is generated through the process of mining and has a circulating supply of 28,279,074 MARS coin wherein the maximum supply of the coin has not been stated. The cryptocurrency is available on applications such as Google Play, macOS, Linux and Windows wherein it is currently listed on XT.com and Finexbox.
On the other hand, Elon Musk — the CEO of Tesla and SpaceX, has been showing a keen interest in launching the cryptocurrency that would either be called ‘MarsCoin’ or ‘ElonCoin’. It is said that Dogecoin might not be the only Martian cryptocurrency as it is also expected to create a financial system that would be suitable for Mars — Thus, as the name suggests, MarsCoin — will be a cryptocurrency that will be used on Mars and it is expected that cryptocurrency will run the economy of Mars.