WiseKey launches the first NFT in space
The token is going to be used as a utility NFT
The countdown to the launch of the first ever NFT in space began today with the latest rocket mission involving Elon Musk’s SpaceX.
At Cape Canaveral Space Force Station in Florida, the NFT aboard a SpaceX Falcon9 Transporter3 started its journey at 10:25 EST (UTC -5) following the rocket’s lift-off.
Cybersecurity firm WISeKey International Holding is ridesharing on the SpaceX mission and will generate the first ever NFT from space through the in-house WISeSat constellation.
The NFT will be then captured by the WISeSat satellite station located in the Southern Spainish city of La Linea, at the LLG4ir.com Center of Excellence, and minted on WISe.ART NFT Marketplace.
The first Space NFT
WISeKey, in partnership with FOSSA Systems, will enable connection between satellites and devices on the internet of things (IoT) for the authentication of NFTs, “completing the connection cycle from space to device through a secure telecommunication means”, it stated.
“The space-based NFT ecosystem assures personal and secure authentication capabilities through the global WISeSat constellation,” said the company.
It is expected for the solution to be useful in industrial applications, including for optimising productivity across industries by offering predictive equipment and machinery maintenance, helping enhance smart homes through connected appliances, and by providing “critical communication between devices including autonomous vehicles, self-driving cars and trucks”.
Last year WISeKey applied to patent its utility NFT and grant it all the properties of a common NFT in terms of rights, authentication and possession.