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A Russian billionaire has his inauguration as leader of humankind's first ever nation in space. Igor Ashurbeyli, a computer scientist, the space nation of Asgardia at a ceremony in Vienna, Austria on Monday. In his inauguration address, Mr Ashurbeyli that: "This day will certainly recorded in the annals of history as one of the greatest events for humankind. We have all branches of government. I can therefore with confidence that Asgardia - the first space nation of the united humankind - has born." He also said his nation a "global humanitarian project" that would the future colonization of space and up human colonies on the Moon.

Asgardia is after Asgard - a flying city in ancient Scandinavian mythology. It already a growing number of would-be citizens. Around 200,000 people have up to claim their Asgardian nationality. Within the next 10 years, Asgardia to amass a population of 150 million. This would it the ninth most populous country. Future candidates to an Asgard national will have to an IQ test to they are of a higher intelligence. They will also have to an annual membership of 100 euros. Asgardia has a long-term goal to launch life-sustaining, high-tech, verdant arks in space, where Asgardian citizens can live and .