What is the Lunar Federations legal basis for selling extraterrestrial properties?
Let’s explain what the Lunar Federation is actually doing. Lunar Federation supports a Lunar and Mars Colonization mission. The only way to secure property rights is to send a Lunar and Mars colonization mission to the Moon and Mars. That colony will then create the Lunar and Mars governments which in turn will secure property rights. These novel product proceeds from the website go towards that precise mission. Contrary to accepted beliefs, ownership by individuals of extraterrestrial properties is not forbidden. The United Nations Outer Space Treaty of 1967 specifies that no government can own extraterrestrial property, but it neglected to mention individuals or corporations. The United Nations attempted to plug this loophole in 1984 by introducing the Moon Treaty. The Moon Treaty forbids the exploitation of extraterrestrial resources including ownership for anyone. When it was up for vote, only 6 out of 185 United Nation Member Nations supported it. The majority refused to sign it.
