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MoonDAO is Sending a YouTube Influencer to Space – Moon Party Anyone?

Coindesk | Eli Tan | Aug 6, 2022

MoonDAO - MoonDAO is Sending a YouTube Influencer to Space - Moon Party Anyone?A decentralized autonomous organization (DAO) called MoonDAO sent someone to space on Thursday, one of the biggest successes yet for such a crypto-crowdfunded project.

The DAO didn’t send just anyone up – Coby Cotton, a member of the viral YouTube trick-shot group Dude Perfect, was chosen in a Discord vote by the DAO’s more than 5,000 members to be its astronaut representative. The DAO’s future ambition includes hosting parties on the Moon.

Crowdfunding DAOs, which are groups of crypto enthusiasts that come together and purchase a currency or non-fungible token (NFT) to raise funds towards a common goal, have been more prone to failure than success.

The genre was popularized in November 2021 by a group called ConstitutionDAO, which came together to raise $40 million to purchase an original copy of the U.S. Constitution.

See:  Blockchain-based replacement for traditional crowdfunding: DAOs

Dude Perfect’s Cotton made the trip with five other first-time astronauts as part of the Jeff Bezos-backed space tourism program Blue Origin, which has thus far completed six of these missions, each time sending regular people into space for around 12 minutes.

MoonDAO was able to purchase Cotton’s ticket with funds from its crowdfunding campaign that has so far raised more than $8 million. The DAO’s mission is to “decentralize access to space,” with the ultimate goal of creating its own Moon colony, according to its website.

I'm just kind of in love with the idea of DAOs in general, I think that they have a lot of promise, like a tool set for people to collaborate and coordinate online.  When you buy an NFT, you know, it's pretty abstract. The idea that you could be selected to go into space because of it, now that’s interesting.

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