Spacecoin Aims to Revolutionize Decentralized Internet Network

Spacecoin, a project aiming to establish a decentralized internet network through a blockchain-enabled satellite constellation in low-Earth orbit, is gaining momentum. The network, which seeks to provide communication layers for space-based data centers and underconnected terrestrial regions, has made significant progress in recent years.

The team behind Spacecoin has successfully deployed physical infrastructure, including the launch of its first satellite, CTC-0, in December 2024. This was followed by the deployment of three additional satellites, CTC-1, which enabled testing of intersatellite links – a crucial technology for direct satellite-to-satellite communication.

The project's economic layer is powered by its digital currency, SPACE, which enables satellite operators to monetize unused capacity and grants voting power to holders in protocol-related decisions. This model broadens participation in the space economy, allowing retail investors to engage with the sector.