A literal ‘To The Moon/Mars’ ICO

I am a huge fan of what Space X is doing with their plans for the “ITS” (Interplanetary Transport System).

If you are not sure what that is, here’s Elon Musk’s hour-long presentation

of his plans to build a 100 passenger “Mars Colonial Transporter” within a decade. They have already started development of the core technologies and have working prototypes of the rocket engine and carbon-fiber tanks to that scale.

While Elon(gated) time is about 1.5x normal time, his central claims come true more often or not- check out his “secret master plan” he wrote in 2006
https://www.tesla.com/blog/secret-tesla-motors-master-plan-just-between-you-and-me
and compare that to the current state of tesla 10 years later. In 2006, the letter was met mostly with heaping grains of salt from sceptical naysayers- often the same ones who said Space X would never be able to land and then reuse a rocket. They’ve now landed 15 in a row.

I don’t know about you, but I find the idea of creating a self-sustaining colony on Mars to be about the coolest thing imaginable. The craziest thing is- its not even science fiction. It can and will be done, as long as we dont destroy ourselves first, well within most of our lifetimes. IF ENOUGH PEOPLE WITH ENOUGH RESOURCES GET BEHIND IT.

How many resources and how many people?. Elon’s stated goal is 500K per ticket, by 2024 pre-Elon adjusted time. 500K X 100 seats= 50 million dollars. For some perspective- The Iraq War has an ongoing cost of 1.7 TRILLION dollars.

Of course this is probably way too optimistic a number, 50 million, but you can see that even if the amount is 10 times that in 2024 money, to this Crypto-minded subset, seems well within the relm of doable in terms of ICO market caps even in today’s money.

I think Space X should dedicate maybe a 33% stake in colony seats in the first 3-6 ITS flights to Mars through an ICO (or larger blockchain ecosystem). The ICO would sell shares of colony ownership in a similar way that merchants would own shares in say, the Dutch East India Company, except the shareholders would not be.a monarchy, but a class of crypto-savy technocrats who have stumbled into enough wealth in the great cryptocurrency boom we all are participating in which has created thousands of millionaires overnight- millionaires without the old traditional money establishment oversight.

Shareholders would be able to help finance development, and provide an organizational platform to build a network of interested individuals willing to work towards this goal. I’m a little surprised they haven’t done it already when I think about it.

What that colony would be like in terms of governance, organization, profit distribution, etc, could be determined with decentralized, egalitarian autonomous organization of shareholders enabled via smart contracts. It could run on Etherium or ARK.

Does this sound interesting you you guys? Seems to me that this rocket system investment can also be used to finance and create impetus for a LITERAL CRYPTONATION MOON BASE as well. Space X, with the financing of just two eccentric millionaires/billionaires, is sending two private citizens on a joy ride around the moon in 2018. Imagine if they can harness this sentiment to its full potential.

What do you think the coin/token/share should be called?

This blockchain tech should also be used with Tesla’s upcoming ride-sharing network, to allow people to buy electricity and rides and lease out their vehicles, solar panels, etc.

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