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SpaceX, in collaboration with a Canadian startup is planning to renovate ads market by putting satellites for displaying ads

SpaceX, in collaboration with a Canadian startup is planning to renovate ads market by putting satellites for displaying ads

It seems that the advertising business will continue to grow in the future, but with some tweaks.

Companies can not only promote their products locally, but they can also put their names in the sky. This wish will soon be realized after Elon Musk’s plan.

The CEO of SpaceX worked with a Canadian technology startup (Geometric Energy Corporation) to develop a plan to launch a billboard satellite into space, which will display advertisements for various corporate promotional activities on its huge pixel screen, Logos, and other types of content. As Insider first reported, the satellite will be called Cubesat, and companies that want to promote their products can buy tokens with cryptocurrency.

People will not be able to see advertisements vividly in the sky as they currently think. According to the GEC CEO, the team plans to launch the satellite into space with a Falcon 9th lite rocket (the Cubesat being only 4 inches tall) in low earth orbit and unload the advertising platform before the rocket hits the moon.

However, people will not be able to see such advertisements directly. From the ground; instead, the advertising screen was shot with high-tech “selfie sticks” attached to the sides of the satellite. This recorded videotape will be broadcast live on popular video platforms such as YouTube.

This means that everyone can see such an ad on the Cubesat screen. The CEO of GEC also stated that this is not only for marketers, those who want to display their content on the screen can also use satellite screens to display their content or products.

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The main goal is to allow everyone to buy ads through Cubesat. Individuals or advertisers can use 5 tokens to purchase these ads, including Gamma, which adjusts the brightness of the screen, and Kappa, which allows advertisers to choose colors. In short, these tokens are based on prioritizing the needs of marketers and others from an advertising perspective. The CEO of GEC said that he tried to cooperate with SpaceX in 2018, but failed at the time.

SpaceX, in collaboration with a Canadian startup is planning to renovate ads market by putting satellites for displaying ads

OVERVIEW:

As Insider first reported, the satellite will be called Cubesat, and companies that want to promote their products can buy tokens with cryptocurrency. According to the GEC CEO, the team plans to launch the satellite into space with a Falcon 9th lite rocket (the Cubesat being only 4 inches tall) in low earth orbit and unload the advertising platform before the rocket hits the moon. The CEO of GEC also stated that this is not only for marketers, those who want to display their content on the screen can also use satellite screens to display their content or products.

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