A blockchain company bought the asteroid mining company Planetary Resources – TechCrunch


Here's a game made in … I do not know, somewhere on the blockchain, I guess. The pioneering startup of Space Planet Resources has been acquired by all things a blockchain firm this week. ConsenSys, a Brooklyn-based company that specializes in all that Ethereum has published an announcement, noting that it has become entangled in the extraction of the asteroid company.

It is not entirely clear how the two companies will work together, although the founder of ConsenSys Joe Lubin (who also helped the author Ethereum) managed to mention "decentralizing space efforts", which is certainly on-brand for the head of a blockchain company.

"I admire Planetary Resources for its world-class talent, its record of innovation and for inspiring people across the planet to support its bold vision for the future," Lubin said in a statement related to the news. "Bringing deep-space capabilities into ConsenSys' ecosystem reflects our belief in the potential of Ethereum to help humanity create new systems of social rules through automatic trust and guaranteed execution. our conviction to democratize and decentralize the efforts of space to unite our species and unlock untapped human potential ".

Lubin also promised to offer more information in the coming months. Meanwhile, Planetary Resources CEO Chris Lewicki (former NASA JA) and General Councilor Brian Israel will join ConsenSys. Here's what Lewicki said on the matter: "I am proud of our team's outstanding achievements, grateful to our visionary supporters, and happy to join ConsenSys in building our work to expand the sphere of economic influence of humanity in the Solar System. ".

Founded in 2010 as Arkyd Astronautics, Planetary Resources has been considered a shining light in the world of privatized space companies, with the founder of X Prize Peter Diamandis as director. At the start of this year, however, the company noted that it was rethinking its approach and proceeding to cuts after failing its last round of financing.

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