Elon Musk launched an IDO? What has he got up his sleeves?

2021-05-21 Azcentral

Cryptocurrency has risen from ashes once again. Today, we are constantly bombarded with news regarding all sorts of different coins. And Elon Musk, the “Imperator of Mars”, seems to have an inseparable relationship with the ongoing cryptocurrency craze. A new coin named SPACEDOG has popped up claiming that its existence is to solely support Elon Musk in his space exploration endeavors. What is the origin of SPACEDOG (SDC) coin? What kind of relationship does it have with Elon Musk?

Elon Musk, an iconic figure of this century, is frequently referred by his hardcore fans as “Living God”, has claimed the throne of the richest figure alive at the age of 47. It is not rocket science that Elon Musk is a man of many talents. He is THE workaholic genius of our time. He has involved himself in multiple fields of highly specialized industries that are beyond normal level of comprehension. He is still continuously advancing forward even after achieving milestones that could only be dreamed of by the masses.

Earlier this May, Elon Musk has announced that Tesla will no longer be accepting Bitcoin as a viable payment option for vehicle purchases. This was subsequently followed by a 14% downward plunge in Bitcoin price to below $47,000 per coin. The “Dogecoin” also dropped by 15%. Elon Musk’s tweets were not the only direct causes for the crypto turbulence. After his latest appearance on the “Saturday Night Live” show, his controversial statement on Dogecoin, one of the most talked about coins lately, being a “hustle” has reduced the coin’s value by a third. The day after Elon Musk called Dogecoin a "hustle," Elon Musk accepted Dogecoin as a form of payment for a space mission of SpaceX. This particular mission, baptized with the name Doge-1 is scheduled for the year 2022. The objective of this satellite is "to obtain lunar-space intelligence through sensors and cameras.” Shortly after, Elon Musk drummed up a Twitter poll asking whether or not Tesla should accept dogecoin. The poll received more than 500,000 votes within 20 minutes, with the overwhelming majority (~75%) replying "Yes”. The poll has prompted an upward bounce in DOGE's value, trading at $0.52 at the time of writing compared to $0.46 prior to the poll.

Elon Musk changed his Twitter bio to #bitcoin on January 29, 2021. Within an hour’s time after this update, the price of Bitcoin skyrocketed from around $32,000 to just shy of $38,000. This series of events seems to indicate that Musk holds supreme influence in the world of cryptocurrency. One might say that this technology mogul has become the standard-bearer for the cryptocurrency movement.

Are there any coins out there that have a direct link to Elon Musk? We do not know. However, there is one coin that is said to be created by Musk’s most fanatic supporters for the purpose of assisting the man in his space journey. The coin in question is SPACEDOG and it is getting traction amongst Elon Musk’s fans. Spacedog aims to provide permanent support for Elon Musk's Mars migration program. As the website (www.spacedog.dog) indicates, 80% of the Spacedog tokens are reserved for Elon Musk to show gratitude for his invaluable contribution and profound vision for humanity. The supporters of this coin are not only Elon Musk fans for what he has accomplished thus far, but also shares Musk’s grand vision for humanity’s destined future. 

We have not yet received his official announcement on SPACEDOG, but Elon Musk is indeed an extraordinary man with wide reaches especially when it comes to paradigm shifting issues. Considering everything he has accomplished and is working towards in various frontiers of technology, it does not seem too absurd that he is one of handful influential public figures who openly supports the innovative method of decentralizing and democratizing the currency system. Now we have Musk supporters who share his vision and are voluntarily taking part in the movement to change the conventional ways. SPACEDOG is one example where his supporters are forming meaningful communities to not only support but also take an active role in actualizing their role model’s vision.

As the CEO of SpaceX, Tesla and other companies, as the new world’s richest man, as the most successful internet celebrity in Twitter history, and as a believer in cryptocurrency, Musk is a young man with extraordinary and far-reaching influence who bears the dreams of humanity of our generation. Even if the SPACEDOG coin is not connected to Musk directly, as long as it supports Musk's dream, it is also a meaningful way of empowering his supporters.


Company: Spacedog

Contact Person: Spacedog

Email: spacedog@spacedog.dog

Website: www.spacedog.dog

Telephone: N/A

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