The 'virtual nation' Asgardia has successfully launched its first satellite into space, established its own parliament and counts close to 200,000 people as citizens.
Now, Asgardia is about to name its own space currency.
The world's first space kingdom has launched a global competition to create financial and economic systems for the sovereign nation.
A "space kingdom" started by Russian billionaire, Igor Ashurbeyli, has successfully deployed a satellite into space, claiming this establishes the first territory in space. Legal experts tend to disagree with this assertion, also doubting that the international community would ever recognize Asgardia as a sovereign nation.