The avocado is overcado
Brooklyn-based blockchain software technology startup and Ethereum development studio ConsenSys has acquired asteroid mining company Planetary Resources, Inc. through an asset-purchase agreement. […]
ConsenSys is a production studio that creates enterprises in a wide range of business areas based on the Etherium platform for cryptocurrency and other blockchain applications. It has spawned 50 ventures, or “spokes,” including an online poker site, a legal services site and a “transmedia universe integrated with blockchain technology” called Cellarius. […]
Planetary Resources was founded in its present form in 2012, with initial backing from billionaires including Larry Page, Eric Schmidt, Ross Perot Jr. and Charles Simonyi. Its original mission was to identify and mine near-Earth asteroids for valuable resources, ranging from water that could be converted into rocket fuel to platinum-group metals that could conceivably be sent back to Earth.
Over the course of six years, the venture raised tens of millions of dollars and explored other potential revenue streams, including space telescope manufacturing, space selfies and an Earth-observation constellation called Ceres. […] But an anticipated funding round failed to come together, leading to a wave of staff cutbacks.
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photo { Model of a Tyrannosaurus Rex, 1936 }
