What if we could make space travel free (well, free-ish)? What if something like NFTs could create a store of value that subsidizes future missions to space? What if NFT-enabled communities, not the government, could decide what goes up, who goes up, and why we go up to space?
On this episode of Web 2.5, host Dana Hork sits down Tejpaul Bhatia, the Chief Revenue Officer of Axiom Space, a privately owned space infrastructure company that is building and operating the world's first privately owned commercial space station. Tej and his team are tasked with figuring out how to commercialize space, creating new business models that pioneer what it means to have an off-earth economy. Including how we can leverage web3 to get there.
And they are well on their way. Axiom's first mission to space in April of this year, Ax-1, marked the first all-private astronaut mission to the International Space Station. And during the mission, Axiom minted the very first NFT from the International Space Station.
Tej will talk with us today about how the business of space meets the blockchain and the future he sees leveraging web3 to help commercialize space.
Show Notes:
0:00 Show Intro
1:04 Tejpaul Bhatia’s Intro & Career Background
3:00 What is Axiom Space
3:48 What does generating revenue from space mean?
5:33 Examples of business models in space
5:58 Justifying the costs of space & how NFTs can help
8:40 About Axiom Space’s first NFT collection with the Ax-1 Mission & minting the first NFT from the International Space Station
11:44 Learnings & what Axiom proved from the first collection
15:05 Why does community need to be built in web3?
19:42 How Tejpaul resourced the project with expertise and advisory support
22:48 Details about the next mint
24:44 Advice for other project founders
28:30 Resources to learn more
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Axiom Space, Website: www.axiomspace.com
Tejpaul Bhatia, Twitter: @tejpaul
Show Website:
https://www.web2point5.io
Subscribe to Show Newsletter:
https://newsletter.web2point5.io/subscribe
Show Credits:
Dana Hork (Founder, Host, Producer)
Ron Passaro (Co-Producer/Editor)
Seton Rossini (Brand Design/Cover Art)
DISCLAIMER: This show is strictly educational. None of this is financial, tax, or investment advice — and not a solicitation to buy or sell any assets or to make any financial decisions. Please always do your own research. For important disclosures, see web2point5.io/disclosures.