MoonDAO

Overview

MoonDAO is a decentralized autonomous organization (DAO) launched in 2021 with the stated mission of decentralizing access to space exploration and research. The project aims to create a community-driven space program that allows token holders to participate in space-related initiatives.

Purpose and Utility

The MOONEY token serves as a governance token for the MoonDAO ecosystem, allowing holders to vote on proposals and directions for the organization's space initiatives. The project has demonstrated some real-world utility by successfully sending members to space through a partnership with Blue Origin and funding space-related research projects.

Business Model

The project operates through community governance and focuses on funding space-related initiatives. Their activities include: funding space research, coordinating with space companies for launches, and developing space-related technologies. The business model does not involve any inherently haram activities like interest-based lending or gambling.

Real-World Adoption

MoonDAO has achieved notable milestones, including sending two community members to space and establishing partnerships with space industry players. The project maintains active governance participation and continues to fund space-related initiatives.

Token Distribution

The token distribution appears relatively fair, with no concerning concentration in founder wallets. The project implemented vesting schedules for early contributors and team members, showing commitment to long-term development.