Spacebit Capital Announces the First Tokenised VC Fund for the Space Industry

Spacebit Capital Announces the First Tokenised VC Fund for the Space Industry

25 October 2018 [Via Satellite].

On the 25th of October 2018, Spacebit Capital announced the world’s first ever tokenized venture capital fund for the space industry. The announcement was made simultaneously at the World Investment Forum in Geneva and the World Blockchain Summit in Dubai.

Making a Greater Leap for Crypto

The private space industry is a rapidly-growing market, projected to be worth trillions of dollars in the near future, according to a recent Goldman Sachs (2016) report. A new vision of space is beginning to emerge. Once only accessible to governments and large corporations, it is now open to small companies and even for public participation. Exciting projects involving new space missions, the Moon, Mars and asteroid mining will all bring considerable opportunity and economic value for future generations.

Those resources will not only change the course of humanity, but also provide an avenue for investors to meaningfully participate in our next great adventure. Blockchain alone gives us unprecedented capabilities to create and trade value in society. As the foundational platform of the Fourth Industrial Revolution, it can help to create and distribute new values to be gained from exploring the final frontier. Tokenisation of missions and space assets will help to create and measure new value to humankind, whilst appreciating increased liquidity and public participation.

25 October 2018 [Via Satellite].

On the 25th of October 2018, Spacebit Capital announced the world’s first ever tokenized venture capital fund for the space industry. The announcement was made simultaneously at the World Investment Forum in Geneva and the World Blockchain Summit in Dubai.

Making a Greater Leap for Crypto

The private space industry is a rapidly-growing market, projected to be worth trillions of dollars in the near future, according to a recent Goldman Sachs (2016) report. A new vision of space is beginning to emerge. Once only accessible to governments and large corporations, it is now open to small companies and even for public participation. Exciting projects involving new space missions, the Moon, Mars and asteroid mining will all bring considerable opportunity and economic value for future generations.

Those resources will not only change the course of humanity, but also provide an avenue for investors to meaningfully participate in our next great adventure. Blockchain alone gives us unprecedented capabilities to create and trade value in society. As the foundational platform of the Fourth Industrial Revolution, it can help to create and distribute new values to be gained from exploring the final frontier. Tokenisation of missions and space assets will help to create and measure new value to humankind, whilst appreciating increased liquidity and public participation.


Website: https://spacebit.capital

Contact: nadeem@spacebit.capital

 

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