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ARCA Space launches the AMiE crypto coin
by Staff Writers
Los Angeles CA (SPX) Oct 20, 2022

illustration only

ARCA Space started the first sale for the AMi Exploration (AMiE) utility token, issued in the Avalanche blockchain. For this first sale ARCA Space made available 675,676 tokens from the total of 1 billion issued. The regular price of one token is $0,1, and for this first sale the price is $0,075. The AMiE Token could be purchased with the USDt native token in the Avalanche blockchain.

The Asteroid Mining Program (AMi) is a ten-year program that aims to unlock one of the largest sources of wealth in history, through profitable asteroid mining. In order to accomplish this task, ARCA develops the EcoRocket Heavy launcher and the AMi Cargo spaceship to allow this endeavour.

We are committed to launch the first asteroid mining mission in 2027 targeting 1,000 kg of platinum worth around $34 million. However, the Recovery Capsule return capacity is up to 2,500 kg worth $85 million.

Until 2031 we plan to return to Earth $1 billion worth of ore, and spend $100 million to tackle Earth's problems, like poverty, health, education, global warming, etc. Another big portion will be used to boost the AMi Exploration program's capabilities and stimulate humanity's expansion into the Solar System driven by economic rationale.

The utility for the ARCA token is linked to the fact that the AMiE Token holders will be able to purchase the returned precious metals with priority. They will also be able to pay for the precious metals with 80% fiduciary money and 20% with the AMiE Token.

Video: AMi Exploration Mission Sequence


Related Links
AMi Exploration
Asteroid and Comet Mission News, Science and Technology


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IRON AND ICE
How scientist monitored and early warned potential hazardous near-earth asteroids
Beijing, China (SPX) Oct 19, 2022
An enormous number of near-Earth asteroid (NEA) orbit around the Sun, and among them 2072 NEAs, which are recorded in the Minor Planet Center (MPC) database, belong to the class of potential hazardous near-Earth asteroids (PHAs). These PHAs frequently make close approaches to Earth's orbit, and therefore, the hazard caused by PHAs is still a very real and ever-present threat. Faced with potential threats of PHA impacts, asteroid defense has been discussed with growing interest. Monitoring and early warn ... read more

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