A 21st-century space race appears to be brewing between Elon Musk and BitMEX, with both parties pledging to launch their respective crypto of choice to the literal moon first.
On Friday, popular crypto derivatives exchange BitMEX announced it would be supporting space robotics firm Astrobotic Technology in the company’s mission to send its first commercial lander to the moon during Q4 2020.
Noting that the mission aims to be the first instance in which “a private company leading a coalition of government, academia, industry, and international partners reaches the lunar surface,” BitMEX plans to make the occasion by delivering a one-of-a-kind physical Bitcoin (BTC) to the moon’s surface. Referring to Musk as a “Dogecoin protagonist,” BitMEX added:
“We’ve nothing against Dog Money, we felt it was only right to help Bitcoin get there first.”
The announcement followed Musk’s early May news that SpaceX is planning to launch a Dogecoin-funded payload on one of its first rockets to the moon, asserting that Dogecoin (DOGE) would become the first cryptocurrency to reach lunar orbit next year.
Musk responded to BitMEX’s newfound astronomic ambitions on Twitter, proclaiming: “A new space race has begun!”