Spacecoin to Launch Decentralized Internet Satellite with SpaceX

Spacecoin's Ambitious Satellite Launch

Spacecoin is set to launch its inaugural decentralized internet satellite, CTC-0, on December 21. This endeavor is part of a SpaceX rideshare mission, taking off from the Vandenberg Space Force Base on the Falcon 9 rocket. The mission involves collaboration with Exolaunch and aims to deploy satellites for 22 different customers.

Decentralized Internet Access

Spacecoin's initiative focuses on creating a decentralized physical infrastructure network using low-orbit nanosatellites. The goal is to deliver unrestricted internet access, particularly to underserved regions like Africa and South Asia. The upcoming launch will serve as a pilot test, with additional launches and tests planned for 2025, targeting a full service rollout by Q4 2025.

Blockchain Integration and Technology

Built on the Creditcoin blockchain, the service will leverage the blockchain’s credit capabilities. The Creditcoin token has seen significant growth, currently trading at approximately $1.6 with a market cap of $644 million. Spacecoin's service will utilize direct-to-cell coverage technology, allowing direct connections to users' phones without relying on ground infrastructure.

Cost-Effective and Compliant Service

The internet service, managed by Spacecoin's blockchain-powered Spacechain protocol, promises decentralization at a low operational cost of $1 to $2 per user monthly in emerging markets. It will comply with 3GPP industry standards and employ open-source architecture.

Competitive Landscape

While Spacecoin advances its plans, competition from established providers like Elon Musk’s Starlink remains significant. Starlink has recently secured Federal Communications Commission approval to offer direct-to-phone services to T-Mobile customers, highlighting the competitive nature of satellite internet services.

Spacecoin's venture represents a significant step towards revolutionizing global internet access through innovative satellite and blockchain technologies.