Marscoin Expo 2023

What is Bitcoin's role in a future of a multi-planetary civilization? Marscoin is premised on the anticipated development and eventual colonization of the Red Planet by humans. Given the increasing emphasis on space exploration and the potential for humans to establish permanent colonies on Mars in the future, there is a plausible case to be made for a dedicated planetary cryptocurrency.
Here's how:

• Decentralization and Autonomy: Cryptocurrencies like Bitcoin are decentralized, meaning no single entity, including any Earth-based government or organization, has control over the currency. This attribute is crucial for a Mars-based society, which would likely aim to maintain autonomy and self-governance, including economic independence. Marscoin could serve as the primary currency for this potential colony, independent of Earth's economy.

• 
  Transmission Delays: Due to the distance between Earth and Mars, there can be significant communication delays ranging from 4 to 24 minutes, depending on the relative positions of the two planets in their orbits around the Sun. These delays could make real-time financial transactions between Earth and Mars impractical. A Mars-specific cryptocurrency could overcome these challenges, enabling quick and efficient intra-Mars transactions.
• 
  Limited Resources: Mars is a resource-limited environment. A Mars-based cryptocurrency would incentivize and potentially help manage the efficient use and distribution of resources. Similar to how Bitcoin incentivizes miners through rewards, Marscoin could incentivize the development of Mars' infrastructure, the discovery of resources, and other essential activities.

• Blockchain for Governance: Beyond just being a currency, the underlying blockchain technology can also be leveraged for decentralized decision making, contract enforcement, property rights management, and other essential functions of a society. It can help establish a transparent, fair, and democratic system on Mars from the onset.
• 
  Resilience Against Earth Events: Should catastrophic events occur on Earth, having a separate monetary system ensures that the Martian economy remains unaffected. Marscoin, as a separate entity, could provide economic resilience for the Martian colony.

• Spurring Technological Development: The need for a Mars-specific cryptocurrency would drive innovation in areas such as interplanetary communication, blockchain technology, energy-efficient mining algorithms, and secure cryptographic transactions.
• 
  Fostering Community and Identity: Finally, a unique cryptocurrency could help foster a sense of community and identity among Mars colonists. It could act as a unifying symbol of the Martian colony, fostering a sense of ownership and shared destiny.

A grassroots effort to lift humanity up.

Permanent human settlement of Mars is rapidly becoming a reality. SpaceX is developing a transportation solution and The Mars Society is working on surface logistics and infrastructure. If you share our dream of making humans a multiplanetary species, we invite you to join us. Purchasing and using Marscoin supports the non-profit Mars Society and allows you to directly contribute to the exploration and settlement of Mars.

Derived from the Litecoin fork of Bitcoin, Marscoin is dedicated to supporting the settlement of Mars and other space-related projects intended to get humans living and thriving off of planet earth. Marscoin is a testbed for experimentation with technologies that might help early colonists on Mars build governance, voting, inventory tracking, trading and capital allocation. Simply by using and investing in Marscoin, you are contributing to a serious bootstrapping effort to further a settlement on Mars.

Help bootstrap the settlement of Mars!

In 2014 the Marscoin project, with the help of its volunteers, split a 1,000,000 donation of Marscoins between The Mars Society and Mars One. In 2019, the Mars Society asked for and took ownership of Mars One's half of the initial Marscoin donation, with the full support of Mars One's founder.

With your help – by adopting, utilizing, trading, donating Marscoin – we will be able to help fund humanity’s first settlement on Mars simply by kickstarting the financial system of the future Martian base. Many projects are underway which make use of the Marscoin infrastructure to advance research towards the human settlement on Mars. One example is an effort to establish a Marscoin-based blockchain experiment at the Mars Desert Research Station.

An increased value of Marscoin will mean increased financial means for the Mars movement. As an early adopter, you will be a part of this history. Our Whitepaper goes into further depth on the need for and execution of Mars’ own economic bedrock, the Marscoin Blockchain.