Ripple co-founder Jed McCaleb added space station construction to resume.

Blockchain technology pioneer Jed McCaleb is shifting some of his focus to a new frontier, space.

The famous crypto billionaire announced the launch of his new venture on September 12th.

According to a company statement, the space habitat startup will be founded by McCaleb in 2021 and will essentially be responsible for developing the world’s first artificial-gravity space to allow humans to live and work in space.

McCaleb’s long career at the cutting edge of technology began in 1998. In 2000, when he created Idonkey 2000, it was one of the largest file sharing networks of its time. In the year In 2007, he founded another company that developed a video game called Far Wilds.

He is the creator of Magic: The Gathering Online Exchange, a trading card website that eventually turned into a Bitcoin exchange in 2011, Mt. Gox. He is the co-founder of Ripple Labs, although he left the company in June 2013

After McCaleb left Ripple, he founded the Stellar Development Foundation in 2014.

McCaleb says he hopes to use his knowledge to help humanity tap into the “tremendous amount of resources” in the solar system:

“I have always believed in using technology to reduce efficiency and improve the human condition. To expand human habitation in space, we must create technologies that ensure sustainability.”

According to McCaleb, it is assembling a “world-class team” of engineers with the support of many experienced industry professionals to create technology previously seen only in science fiction.

“Artificial gravity is not science fiction. It just requires a large rotating structure. The centrifugal force created provides gravity-emulating attraction.”

NASA in 2010 It has announced plans to decommission the International Space Station (ISS) and take it off the air by 2031, possibly signaling an opportunity for commercial businesses to step in and provide replacement facilities.

Related: After 8 years of dumping billions of XRP, Jed McCaleb’s stack will be depleted in weeks

It’s unclear where Vast’s funding for the space station project came from, but according to Forbes, McCaleb’s net worth is at least $2.5 billion as of 2022.

However, other sources Because of the billions of XRP tokens he received as a founding member of Ripple Labs in 2012, he was systematically sold over a period of eight years until July 18. He ran on empty.