I'm still trying to assess whether the core fundamental of this nation is even possible.
Out of all of the things Asgardia is attempting this is the most possible out of all of them.
There are only a few things they need to be considered a country.
Asgardia is already gathering the citizens, and Asgardia says they must be from nations that allow multiple citizenships, this seams like a good idea for a space country as you can't send them all in space at once.
Next you need some territory. If you have money- and Asgardia has money- you could just buy some, it is even allowed to be some uninhabitable place like a piece of desert or Antarctica. I mean if you are space nation why not just launch a something into space and as it is your property claim it as territory.
It does need a population, at least one person, you could also own some private property on earth and then say it's part of Asgardia in a attempt to have a population.
Also do you really need a population? I can't find the stats on North Sudan.
If they get enough citizens it would be easy for them to get recognized as a country, also some media attention would help. Yay, look at us doing our part! :P
Just having these few things Asgardia will be able to influence not only space laws but in a small way earth laws. I believe they will have a significant say in space laws, considering they will be the first space nation.
It's strange to think that a freshly born country will actually have a say on the matters of space travel because "The vision is very, very clear: This nation will do things to help protect the Earth and, secondly, it will be for exclusively peaceful purposes and also allowing access to developing countries that don't have that So, if that is done, recognition will not be a major problem. If these four elements are achieved it become a state and can apply for its membership of the United Nations."
Wow, they are vague. Like why are they using a country outside of Outer Space Treaty. <_<
It could be a good thing to have a country unconcerned with earth politics guiding space travel, maybe Asgardia will be a good thing; just wish they where more open with what they are doing.