The Only Token Going to the Moon
We’re thrilled to announce that the Lunar Token is officially available! Now’s your chance to claim land on the Moon before everyone else.
What’s a Lunar token?
Good question! Lunar is a decentralized land exchange built on top of Ethereum contracts. Starting today, you can obtain a virtual deed for part of the Moon by purchasing a lunar token ($LUNA). Each token corresponds to one of only 400 available plots of land on the Moon, each of varying shape, size, and location.
How does it work?
- With a web3-enabled browser, visit the Lunar dApp to explore and select a plot of land on the Moon, which we call a “sector.”
- Use the purchase form to submit a new transaction, along with a new selling price if you desire. You can also update this price at a later time.
- Once the transaction has been mined, you’ll see the land appear in your list of properties, where you can now transfer or edit it.
Is this for real?
The underlying contract and exchange are fully operational and serve to demonstrate how smart contracts could be used to manage real estate. You can buy, trade, sell, and even subdivide your land. However, unless you’re planning on establishing a moon colony in the near future, you should treat your deed as a virtual trading card.
How much is a Lunar token worth?
That’s up to you! We think that valuations will vary according to the natural geopolitics of the Moon. For example, land on the near side of the Moon may become more expensive since it’s always visible from the Earth, or perhaps the landing sites of the Apollo missions will become collectible.
Is this an ERC20 token?
Since real estate is non-fungible, it isn’t possible to send and receive LUNA like a traditional ERC20 token, but you can still use any ERC20-compatible wallet (like Metamask) to check your balance. We’ve implemented one of the latest EIP proposals for non-fungible tokens, which you can read more about here.
Now head to the Moon and claim your spot in space!
*minus a small exchange fee of 10%