Erik Finman, a 20-year-old high school quitter and bitcoin millionaire sent cryptocurrency down from outer space to a school in the Greater Accra Region of Ghana on November 4, 2019.
A “crypto space drop” is Is a process through which cryptocurrency can be sent via a constellation of satellites to an antenna on Earth. For this particular drop, a satellite with a cryptocurrency wallet called Project Da Vinci, a part of NASA’s Educational Launch of Nanosatellites (ELaNa) was used.
Eric mentioned that the main aim of this activity was to show how even the most remote places with poor infrastructure, money infrastructure, financial infrastructure can benefit from cryptocurrencies.
Kwame Asante received the crypto space drop on behalf of the St. Mary’s school in Korle Gonno, Greater Accra Region of Ghana.
Asante built an antenna to revive the cryptocurrency (metal [MTL]) from space. He then converted the cryptocurrency to cash and presented it to the headmistress.
St. Mary’s school used the funds to construct tables and benches for schools. This marks the first crypto space drop to Africa, showcasing the reach of the project that was launched in December 2018.
Project Da Vinci was launched by teenagers led by Finman. The satellite containing a cryptocurrency wallet was launched as part of the ELaNa program. A program by NASA that allows STEM students to launch small satellites with unique use cases.
Image source: Business Insider USA