Dogecoin has always been destined for space. Dogefather" Elon Musk has made this clear time and again. Among other things, when the billionaire first tweeted about the corresponding project, which is planned for 2022. But one thing that wasn't earmarked for space is advertising. It seems that alongside billionaires and rocket ships going into space, advertising is now heading there too.
A recent partnership between SpaceX and Geometric Energy Corporation (GEC) allows advertisers to place ads in space. The ads will be projected from an advertising satellite soon to be launched into orbit. The satellite will have a pixelated screen on the side. The advertisements will be seen on it.
The exact type of satellite that will be launched is something called a CubeSat, which will be loaded onto a SpaceX Falcon 9 rocket. Then the CubeSat will be released into orbit before the rocket reaches the moon.
Advertising on a CubeSat
Anyone can advertise on the CubeSat after launch. This can range from small businesses to large advertisers. Interested parties can put any illustrations or pictures "in space".
To receive advertising on the CubeSat, tokens must be purchased. Five tokens will be made available for this project. Beta for X coordinates. Rhoe for Y coordinates. Gamma for brightness on the CubeSat. Kappa for colour. And finally, XI stands for time.
These characters determine where the displays are placed. They also help determine how the pixels they select would look when projected. The XI tokens determine how long the ad will be seen.
Paying for ads with Dogecoin
The tokens for the ads can be paid for using Ethereum. However, according to the company (GEC), it will also be possible to pay for the tokens with Dogecoin. However, there is currently no official price at which these tokens will be sold.
Companies can pay to have their logos displayed on the CubeSat. They can also pay to have their logo replace a competitor's logo, according to GEC CEO Samuel Reid. And:
"THERE MAY BE COMPANIES THAT WANT TO HAVE THEIR LOGO DEPICTED. OR IT COULD BE SOMETHING MORE PERSONAL AND ARTISTIC. MAYBE COCA-COLA AND PEPSI ARE FIGHTING OVER THEIR LOGO AND CLAIMING IT AS THEIR OWN."
The project is scheduled to launch in early 2022 on the SpaceX Falcon 9 rocket. The CubeSat will be equipped with a selfie stick that will stream its screen live on YouTube or Twitch.