CONCEPT
Asteroid, Ltd. presents a unique implementation solution using a proprietary system called BlockClaim®. The system described above will be installed worldwide to document mining claims in both a terrestrial and a non-terrestrial space environment. The system will take advantage of intelligent contract techniques to automate a method by which the information pool will define a mining claim, the specific property rights of the country where and when applicable, the ability to fix, sell, legitimise or market a claim, priority and address on a specialized BlockClaim® open source device. All Blocklaim® will be protected through a token called ASTR® (ASTRCOIN®) located within the Ethereum system. This will ensure considerable use of the ASTRCOIN® currency, providing greater liquidity and growth in the amount of the currency.
As space research increases, so does the value of ASTRCOIN®. The availability of resources is achieved by the constant registration of BlockClaims®. These are projected at 10 million per year. Apart from this, the ASTRCOIN® coin may have real chances of becoming a viable non-terrestrial currency in the long term.
"Legal Bidding in Space. There is a unique opportunity to provide a safe way to claim more than 600,000 minable asteroids detected within the celestial orbit.
The Asteroid Ledger implementation will use the Ethereum Blockchain.
Asteroid, Ltd. will create a Blockchain Ledger International ("Asteroid Ledger") Clearing House to make asteroid mining claims. Asteroid will present its BlockClaim® mechanism following practically the same model as ICANN to obtain domain name claim rights.
MAKING THE NUMBERS
NASA considers the belt (asteroid) to be $700 Quintillion Reason Reasons to maintain $700 Quintillion Rewards. That's about $100 billion for every human being on Earth.
The figures are impressive. More than 600,000 asteroids tested in orbits were identified that are close enough to be mined in the near future.
Space mining is said to be a $100 trillion industry. Some even measure the value of asteroids in dollar quintillions. If they are properly managed and distributed, each human being can count on ample resources. The Internet has enabled multitudes of people around the world to have access to instant information, education, resources and freedom in the information age. We are now entering what is called the "Age of Value", in which, very possibly, each of us can and will enjoy the advantages of a wealth currently available in the nearby celestial orbit.
WHAT IS ASTEROID MINING?
Asteroid mining is the exploitation of raw materials from asteroids and other minor planets, including near-Earth objects. Minerals and volatile minerals could be extracted from an asteroid or worn-out comet and then used in space for in situ use (e. g. building materials and rocket propellant) or returned to Earth.
These include gold, iridium, silver, osmium, palladium, platinum, rhenium, rhodium, ruthenium, ruthenium and tungsten for transport back to Earth; iron, cobalt, manganese, molybdenum, nickel, aluminium and titanium for construction; water and oxygen to support astronauts; as well as hydrogen, ammonia and oxygen for use as a rocket.
ASTEROID REGISTRY
Like the search for a Domain (an URL address) in a Domain Registry, the Asteroid Registry includes a database of all asteroids and BlockClamims® available for registration.
The Asteroid Register shall include all information relating to each asteroid. This data is understood as metadata.
This information will be divided by size, composition, distance and greater detail specific to its location and orbit depending on the Earth or our solar system.
The data will be used for indexing and calculating the estimated amount of an asteroid and the number of existing BlockClamims® available for registration by an applicant.
The Asteroid Register shall provide as much detail as possible regarding available asteroids. The claimant can search by asteroid name, type, composition and various other characteristics.
You can also see which asteroids are in trend, in demand and when recent purchases have occurred.
Over time, the Asteroid Registry will become a complete repository of information about each asteroid.
As space technology increases, more and more information will become available, catalogued and traceable on the Asteroid Register.
The Asteroid Registry will use the WHOCLAIM® service for those who want to verify whether and when a given BlockClaim® has been manufactured on an asteroid. This accesses the BlockClaim® stored in the Blockchain.
THE BLOCKCLAIM®.
Earth asteroids that are currently known are being tracked by NASA, JPL and the Planetary Center. Each asteroid is catalogued with the composition, focus, size and estimated dollar value.
When the BlockClaim® ledger is launched, the price of each asteroid is assigned to a BlockClaim® number; each of these equals $1,000,000 USD in value with each individual BlockClaim® at a fixed amount of $10 USD per claim.
BlockClamims® can be registered via an ASTR® Token. A BlockClaim® will be subject to the equivalent of $10 USD and purchased by ASTR® Token at the daily exchange rate.
For example: Asteroid 162173 RYUGU (1999 JU3)8 has an estimated value of $82.76 billion USD*. ($82,760,000,000,000,000); Each BlockClaim® will have an amount of $1 Million USD; therefore, Asteroid 162173 RYUGU (1999 JU3)9 will have a total of 82,760 BlockClaim® to register for $10 USD of ASTR® Token.
As the Asteroid Ledger develops, it is anticipated that the claim valorization model will increase as the number of claims is maintained on that asteroid, the proximity and proximity to the earth, and the market cost of its composition (i. e., precious metal prices increase).
This will create a natural increase in the demand for certain asteroids with greater feasibility for obtaining minerals or a higher composition of rare earth metals. When a BlockClaim® is registered, the incident will be detected and stored in an immutable registry with cryptographic security in the Blockchain.
The claimant must renew each registered BlockClaim® every 2 years to maintain the permanent right to claim.
BLOCKCLAIM® ECONOMY
A BlockClaim® will consist of the following value offer:
Each asteroid will be divided into a number of BlockClamims® based on a value of $1,000,000 divided by its total value. This will determine the maximum amount of BlockClamims® that can be recorded on a specific asteroid.
TAV (Total Asteroid Value) /$1,000,000 = Total Number of BlockClamims®.No Asteroid Society® member is able to claim more than 20% of any asteroid.
TAV (total asteroid value? 20% = BlockClaims® available per member.As an asteroid is mined by a mining company or national state, each BlockClaim® mining partner will be compensated according to the percentage of the asteroid that its BlockClaim® represents.
TVA (Total Asteroid Value) / (Total BlockClamims®/Co-Op Member's BlockClamims®) = MBCR (Member's BlockClaim® Royalties)There is a payment system under development in which the members will receive compensation, payable in ASTRCOIN® currency through the Blockchain chain, for mining in their registered BlockClaim®.
In addition, the payment system will also enable automated fertilizer in ASTRCOIN® to the parties interested in the topology of the system.
Another possible "natural pitchfork" in the Blockchain chain will be for deep space explorers who will have to extract asteroid minerals for fuel, water and other resources needed for long voyages. ASTRCOINS® is the preferred remuneration system for space explorers using asteroids as a space station as they travel through space.
SYMBOLIC ASTRAL PRICE
ASTR® Token - ASTR® | Based on: Ethereum (ASTERCOIN®)
Total supply of cards: 200,000,000,000,000 (two hundred million)
Total supply of ICO cards: 100,000,000,000,000 (one hundred million) ASTR® Tokens
Total ICO Token CrowdSale: 50%.
USE OF FUNDS
- Acquisition of partners: 40%.
- BlockClaim® development: 20%.
- Future Investments: 15%.
- Legal expenses: 10%.
- IT team infrastructure: 10%.
- Office: 5%.
ASTEROID Team
Lou Yee Man - Director
Dr. Fiorella Terenzi PhD. Astrophysicist, author, TV-Personality
Joseph Walsh Jr. Director General
Matthew Sheldrick - Public Accountant
Andrew Baillie - Human Resources
Cirrena Development Group
GREG MITCHELL
TARISH LAITH TARISH LAITH TARISH
Interesing links:
Web: http://www.astrcoin.io/
https://www.astrcoin.io/documents/AsteroidWhitePaper.pdf
Ann: https://bitcointalk.org/index.php?topic=2399809.new#new
Telegram: https://t.me/joinchat/HMExBUumuJYKJnghdMqQUA[/url
Facebook: https://www.facebook.com/ASTRcoin/
Twitter: https://twitter.com/@ASTRCoin
By Bitcointalk user: Cjota
Profile: https://bitcointalk.org/index.php?action=profile;u=1640898
Myetherwallet: 0x90b07af0aAA4A705bCC441c2B1D0B581F42bcDB4
by Cjota