Methuselah Foundation now controls 43% of the world’s Dogelon Mars ($ELON) cryptocurrency and today announced in a press release that to maximize the $ELON’s long-term value, the non-profit will steward the holdings for at least a year. Any future sales would be done to preserve the cryptocurrency’s value while advancing the Foundation’s mission.

The $ELON was received through a generous donation from Vitalik Buterin, co-founder of Ethereum and a visionary computer programmer. The gift was received on May 12, 2021 and surprised the rapidly growing Dogelon Mars community. It was expected that Buterin would permanently retain his $ELON holdings. The donation raised liquidity concerns for the $ELON, threatening its value and circulation.

“Because our mission to extend the healthy human lifespan requires a long-term view, Methuselah Foundation focuses on lasting achievements, not short-term rewards,” said David Gobel, the foundation’s co-founder and CEO. “We will take the same nurturing approach with our Dogelon Mars holdings because we understand that the cryptocurrency’s value depends on maintaining the public’s confidence and capturing its imagination, much like baseball cards or other collectibles. We want the $ELON to keep accruing value over the long term.

“When we created the foundation, many viewed its mission as highly speculative,” he said. “Our successes through the decades have repeatedly proven the value of our work. Today, Dogelon is viewed as a highly speculative investment. We hope that our stewardship will maximize its value so that it can contribute to the life-lengthening work we are committed to.”

The Dogelon Mars community is composed of more than 61,000 holders, with thousands of investors joining each week. Dogelon Mars is different than other cryptocurrencies because its community “airdrops” or gives $ELONS to investors in other cryptocurrencies who have been “rugged” or scammed by the developers of those cryptocurrencies, an effort to reduce the investors’ losses. Dogelon Mars’ stated mission is to become the first interplanetary currency, with a goal of paying for the transport of settlers to Mars.

Methuselah is also committed to space travel and has partnered with NASA on two initiatives: The Vascular Tissue Challenge, a competition to create human replacement tissues to benefit medicine on long-duration space missions, and the Deep Space Food Challenge, a competition to create food and optimized nutrition production technologies to produce healthy, and even healing foods for long-duration space missions.

The scientific breakthroughs identified by these competitions will be equally beneficial to people on Earth as they are to people in space, having a direct impact on their healthspan.

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