BREAKING: Copernic Space collaboration brings space-assets to Polygon!

The Web3 marketplace for space assets, Copernic Space, recently minted and launched the first tokenized space asset using Polygon. The asset sale brings ownership in space to millions across the world.

Polygon Partnership Benefits

The space asset marketplace chose to work with and mint the asset on Polygon due to their collaborative approach, but most importantly Polygon's capability to minimize transaction costs and maximize speed. These features allow Copernic Space to make the asset fractionalizable, accessible and affordable for the retail market.

The key for us is that Polygon provides high scalability and low transaction costs. We are delivering a needed solution and economic operating system for the space economy, which creates true, commercial space assets. This means we need to be able to offer options that can break down these massively valuable assets into smaller pieces and with limited transactional costs.

First Tokenized Moon Asset

Copernic Space and Lunar Outpost have minted the first true Moon asset on Polygon. The NFT representing the payload space is currently sold exclusively in a Physical Payload Sale through the Copernic Space marketplace. The sale allows buyers of the 100g minimum to send their physical cargo to the Moon and receive an NFT representing their payload ownership.

Asset Fractionalization

The NFT can be transformed into Virtual Payload, allowing for fractional ownership and further utilities tied to physical cargo ownership. Thanks to fractionalization of space assets, they are available and affordable for the retail market. At the same time, Polygon's attributes allow buyers and sellers to save on transaction fees.

Cross-Chain Integration

Polygon's multichain enables cross-chain integration without using Ethereum's primary chain but leverages Ethereum's interoperability, security, and reliability. Therefore, minimal adaptation was needed for Copernic Space. This year, Polygon announced the plan to achieve carbon-negative status while Copernic Space's work on Polygon will set a standard for space that enable economic access for millions across the globe.