Core Concept - The article discusses the emergence of a decentralized space economy powered by blockchain technology, which democratizes access and ownership in space exploration, moving beyond traditional government and corporate control [4][5][28]. Decentralized Space - Decentralized space merges blockchain with space exploration, utilizing smart contracts and tokenization to allow anyone with a digital wallet to participate in the space economy [6][7]. - This new model promotes transparency and inclusivity, enabling communities and investors to co-own and govern space assets like satellites and lunar missions [7][8]. Blockchain's Role - The roots of decentralized space trace back to Bitcoin, with the first blockchain transaction occurring in orbit in 2019, demonstrating that blockchain can function independently of Earth [9][10]. - The technology is evolving into a full ecosystem, connecting people to space through tokens, domains, and smart contracts [11]. Key Projects - SpaceCoin aims to create a satellite network for blockchain transactions, enabling secure communication without reliance on terrestrial internet [12][13]. - Copernic Space focuses on tokenizing space assets and has launched the .LUNAR domain extension, linking digital identities to real space missions [15][17]. - The TON blockchain is facilitating on-chain voting for civilian astronaut seats on a Blue Origin flight, promoting a participatory approach to space travel [21][22]. Market Implications - The space economy is projected to become a trillion-dollar asset class, with blockchain enabling new forms of ownership and investment in space ventures [8][20]. - Decentralization is redefining space as a market accessible to everyone, not just governments and large corporations [20][28]. Future Outlook - The integration of blockchain in space exploration is expected to lead to significant milestones, such as the first blockchain transaction from orbit and the first astronaut chosen through decentralized voting [29]. - Challenges remain, including regulatory issues and ethical considerations, but the trend towards a more inclusive space economy is clear [26][27].