The concept is to create an orbital hardware console commerce engine that extracts value of digital information from other space objects.
While there are current initiatives for space payment gateway, MNPG’s platform is more of a transactional hub. Ideally self-contained, but more likely controlled from the ground that can harvest seemingly useless and tangible data from other space objects and act as a farm similar to what is being done with cryptocurrency rigs.
Presently, there are not any competitors because of how far away the possibility of having thousands to hundreds of thousands of potential crops is. This doesn’t mean that there is not a market already, as most sensory ports on existing space objects are emitting digital information that may have new value.
It is also possible that there are other transmissions of useful digital information in space from unknown space objects that may be worth considering.
This console has the potential to also be used as a point of trading to earth based platforms. The commerce engine does not have to be restricted to solely space to space (S2S), but could include space to ground (S2G).
As it is a transactional hub, the MNPG Satellite Console once established could be a value add to current space tourist vehicles. Trade in the space market, if you take the trip past the stratosphere.
- There are packets of data in space objects that have significant untapped value
- Tourists will flock to spend in space payments
- There is no one working on a similar console at this time
- Producing a ground controlled unit is advantageous to being self-contained
- Manufacturing such a thing, will bring in new interest and investment, before actually launching
- Crowdfunding pre-sales will confirm that this is a viable product for acceleration
- A beta console will prove that a production line of MNPG Satellite Consoles would be worth further development
- There is nano technology that is currently brewing to support said venture and that can sustain its advancement
- There will be plenty of competition 5-15 years from now, so would be good to start
What Unknowns Are There?
How To Validate?
- Through simulation
- Low cost prototyping
- Thorough research
- Initial partnerships
- On ground harvesting
- Cryptocurrency scenarios
- Web campaigns
- Industry feedback
- Launching on existing platforms
- ‘Sent Into Space’ Test
- Crowdfunding a beta
- Private satellites
- Space tourists
- Trading platforms
- Payment gateways
- Ship builders
- Space land developers
- Ground traders
How to Measure Transactions
A Program to Start
The unit would have the ability to spread its wings amongst the spectrum of harvestable areas and to crop what would be ready for collection. Then the console would analyse, collate, attach value, and then trade if the console determined that it would make sense given the current spectrum climate at various timescales.
The console would be based on optimised programic trading functions to ensure that there would always be value in the data extracted.
This would include propagating it with optimised data that would be housed in a format that would make seamless transactions possible with other ports.
There is already trading hardware that exist, utilising this technology would be compatible with the aims of the MNPG Satellite Console.
What This Means For The Industry
The effect on the industry would be substantial. A whole new era of privatisation of space commerce could be opened. While this is a pre-emerging field of entrepreneurial activity, this means that there is value in the concept because of the possibility. Popular opinion of space could change if people knew that there was a market for more then just space craft and traditional satellites. Exploration to Mars will happen, but there is much untapped value in the current schema of space operations. This would inevitably lead to other commerce engine consoles, which would make the MNPG platform in a great position as a leading company in such an area. The MNPG Satellite Console would be headed to an upwards trajectory in commerce mobility.
As this would take a few years to execute, the time to strike is now. The space tourism market will likely mature and peak within a decade, but if an MNPG Satellite Console were introduced, this could lead to new industry and large profit for early stakeholders. Configuring the unit would not be the problem, getting up to space in action and connected to the ground, would be the main obstacle. What type of space trade market would there be without such a catalysing initiative?
The likelihood that a transaction portal would be an effective means for space enterprise is great knowing that there are already a hefty stream of tourist ventures in progress. A win for commerce, expanding the market to remarkable heights.
Knowing that retail sales, business to business, space to space, space to ground, all have the potential to build upon existing commerce structures, and grow demand for galactic trade, this is really the beginning of an early era that could break open the gates for profitable instruments.
Would there be a better time to start? Could be after there are established colonies or a software sponsored ship offering round trips, but the reality is a well executed startup within these bounds could enable exploration beyond the wildest dreams of current histories.