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Elon Musk’s SpaceX is launching its Dogecoin-funded mission to the moon early in 2022. According to a media report on Wednesday, SpaceX will launch the mem-based cryptocurrency mission in partnership with two blockchain companies.

SpaceX partnered with both Unizen — an exchange ecosystem — and ZenX a decentralized finance incubator who’ll build together the Doge-& cubesat. The latter is a miniature satellite that will obtain information from space by relying on sensors, mirrors, and cameras launched into the lunar orbit, according to CoinTelegraph.

The cubesat followed an agreement with SpaceX and FalconX. The project aims to provide a new use-case for cryptocurrencies, the report said.

This is the 1^st time that a meme-based crypto has funded a space mission. Before that, over 1,600 cubesats have been launched. However, Doge-1 is the first to get as far as 250,000 miles, CoinTelegraph said. There aren’t any firm dates or deadlines according to the same report.

Space X, Unizen and DeFi incubator ZenX and manufacturer Geometric Energy Corp were not immediately available to comment when contacted by Insider.

"DOGE-1 could be the first cubesat in history to reach the moon, marking a significant achievement for global spaceflight," the companies told CoinTelegraph.

In recent years, blockchain technology alongside cryptocurrencies has been making a buzz. The technologies’ use-case has been expanding into broader markets and industries including process bond payments, medical information storage, mortgage agreements and more. Dogecoin has surged by over 13,000 over the last year, according to CoinGecko.

Musk, the Dogefather

Musk is considered the Dogefather of Dogecoin. SpaceX and Tesla CEO’s tweets have been pushing the digital currency to new all-time highs every time. In a recent tweet, Musk announced that he owns Dogecoin among other cryptos such as Bitcoin and Ether. Musk first announced that the dogecoin mission would be happening in 2022 in May in a separate tweet.

Geometric Energy Corp, an intellectual property, manufacturing and logistics firm, had said in a press release in May that it had paid Elon Musk's space company in dogecoin to fund the mission.

"This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce," SpaceX Vice President of Commercial Sales Tom Ochinero said in a statement at the time.