Moonshot projects have the significant potential to benefit humanity since they rely on ambitious moonshot thinking, experimentation and the “fail fast” "philosophy. Tech companies of different sizes and from different industry sectors have adopted the moonshot approach to tackle huge problems affecting humanity. The term moonshot is derived from the Apollo 11 spacecraft project, which landed the first human on the moon in 1969. The term originally meant "long shot," in which the likelihood of great results is low, but people still make an effort hoping for such an outcome anyway. It may also reference the earlier phrase "shoot for the moon," which means to aim for a lofty target.
Today, moonshot refers to a new project that could have outstanding results after one intense, consistent effort. With potential benefits ranging from the creation of technologies essential for harnessing the continuous explosion of data to curing the most devastating illnesses to furthering the development of next generation housing, the moonshot concept is increasingly used to describe a giant leap -- i.e., an innovative project -- colossal effort, and an ambitious and lofty goal in the technology arena. If the goal is realized, the benefits could be huge for the project's stakeholders, end users and humanity as a whole. For decades, home ownership was a realistic goal. Unfortunately, the American Dream of buying a new home has been unattainable. Everything is about to change, and you are about to start your journey to own your own home.
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