XRP profits for space: Ripple co-founder Jed McCaleb is investing in the first commercial space station of Vast Space

<p> <strong> XRP profits for space: Ripple co-founder Jed McCaleb is investing in the first commercial space station of Vast Space </strong> </p>
crypto pioneer invests in space: Jed McCaleb and Vast Space
A pioneering project in the area of space travel is being created, since Jed McCaleb, co-founder of Ripple, invests his profits from the XRP sale in an ambitious project. The Vast Space company has set itself the goal of building the first commercial space station, a project that is exciting both the crypto and space community.
Vast Space: The way to the first commercial space station
Vast Space, founded in 2021 under the direction of CEO Max Haot, follows an innovative approach by wanting to create a space station with artificial gravity and an infrastructure of the next generation. The concept is not geared towards luxurious tourist offers. Rather, productivity, team cohesion and the achievement of important mission goals for astronauts are in the foreground.
Haot emphasizes that the design of the station aims to improve security and communication in order to help state astronauts and privately financed people. "We do not build a luxury hotel in space," says Haot, "but use design to promote team cohesion and productivity."
Technological basis and plans
The team of Vast Space plans to use components of Elon Musks SpaceX, including docking systems for the Dragon capsule. In addition, an internet connection from Starlink is to be integrated into the station. If the project is successful, Vast Space could play a key role in replacing the aging international space station and maybe winning a contract with NASA.
mccaleb is expected to finance a significant part of the project by using a large part of its profits from the sale of XRP token. Despite the associated risks, McCaleb is optimistic and willing to invest considerable sums. In this context, he expressed that he could lose up to one billion dollars, but considers this to be an important chance.
"It is super important that people make this leap from where we are today, this potential world in which many people live outside of earth," said McCaleb.
re-establish the controversy in the XRP community
However,mccalebs investments and its role in the XRP community are not without controversy. The former Ripple manager left the company in 2013 after internal disagreements and then founded Stellar. Over the years, he kept about 9 percent of the total XRP offer and earned around $ 3.3 billion between 2014 and 2022 by selling its shares. These decisions provided tensions in the XRP community that accused him of damage the value of ripple.
mccaleb rejected these allegations and emphasized that he publicly announced his withdrawal and sale of his stocks. He also offered XRP owners the opportunity to convert their tokens into Stellar Lumens.
Despite the critical voices from the XRP community, Chris Larsen, co-founder of Ripple, spoke positively about the space project and described it as a sign of America's return to courageous innovation. "I keep my fingers crossed for success," said Larsen.
FAZIT
Developments related to Vast Space and the investments by Jed McCaleb show how crypto investments in innovative projects in the real world can play an important role. While opinions are divided within the XRP community, it remains to be seen whether and how this project will develop in the future. It could be the beginning of a new era in space travel, which is promoted by the possibilities of blockchain technology and crypto financing.