What Is Space Decentral Network?
Space Decentral Network is aiming to be the world’s first decentralized space program. And will hopefully connect thousands of people around the world. Mainly, they will connect engineers, scientists and future astronauts with a next generation technology based around space initiatives.
How Does Space Decentral Network Work?
The program has definitive steps in place to see it operational. They will be the first stages of growing the Space Decentral Platform:
Step 1: Define Projects –
The initial collaboration that has been fostered is designed to bring the community together and drive them to the fixed ideas needed for projects in a portfolio like setting. The requirements for this goal are to define the needed projects in a manageable order for the solution of the problems.
Step 2: Create Solutions –
The community will be urged to give their action plans on the open source platform through a proposal process. The action plans will be vetted by a transparent process for making good decisions.
Step 3: Catalog Plans –
The best proposal on each project will be added for common knowledge with any alternative plans kept in the archives. Every member will have access to the plans, so they can take action as desired.
Step 4: Fund Raising –
Funds for the projects will need to be collected and used for the development of support and testing procedures prior to launching the best plans. Any jobs created and contracts for work will also be assigned at this point.
Step 5: Engines On –
At this point, the projects will start to become reality. Any contributors will be rewarded accordingly and use commercial adoption of solutions as needed from the virtual commons.
As of now, they have nine missions that are each focused around space exploration like going to Mars and keeping a permanent presence on the moon. There are also different projects as well, nine of them also. All of which are also focused around space and industry. Some of it has to do with commercial applications, some of the missions and projects with commercial and others with travel and leisure.
Space Decentral Network Faster Than Light FTL ICO Details
This is where things start to get weird, there is no talk of an ICO or blockchain technology. So, we really don’t know what we’re investing in. And there is no talk of when these will be released or if they will be at all.
Who Is Behind Space Decentral Network SDN?
This is the second red flag – no distinguished team is on board for the program. There is also no source of headquarters for the company. Typically, when a company doesn’t disclose much information, sounds extremely hyped up and gives no disclosure on the team behind the project, it’s not a real project at all. Space Decentral is still in early development so anything is possible, but they will have to release more information before they can truly be viewed as a real company to be taken seriously.
Space Decentral Network Conclusion
The company has the premise of being a decentralized, global space exploration platform. Everything they speak of sounds great, but there isn’t a lot of real information backing their claims or goals. Also, there is no indication as to when this will happen or who is heading the team. Before investing into Space Decentral, make sure to wait and see if they are willing to release more information. If they aren’t, then stay away from them and avoid investing money with a company that is leaving their team in the shadows not to be seen.