Yahoo has announced a collaborative project to create the world's largest digital time capsule, which it will beam into space from The Pyramid of the Sun in Teotihuacan, Mexico.

The company is requesting people from across the planet to contribute their own photos, stories, thoughts, ideas, poems, prayers, movies, music and art to the project, which it describes as an attempt to "celebrate and understand life and global culture in 2006".

The company is accepting submissions to the project up until 8 November. All participants will also be given the opportunity to choose from seven global charities, which will each receive a donation from Yahoo! at the end of the project.

Web surfers can take a look at what has been submitted so far on Yahoo's websites, browsers can also sort and compare contributions by country, region, race, age, gender, and more.

Jerry Yang, co-founder and chief at Yahoo said: "We are proud to document this moment in history to celebrate the power of the global online community and to provide a snapshot of who we are in 2006 to share with generations to come."

Yahoo! also plans to illuminate selected time capsule submissions onto The Pyramid of the Sun in Teotihuacan, Mexico from 25-27 October 2006.

Content from the time capsule will be broadcast directly onto the 216-foot-tall pyramid, viewable through a simultaneous worldwide webcast and sent into space through a light beam from the historic monument.

Following the screening, the time capsule will return to Yahoo corporate headquarters to be sealed and opened on the company's 25th anniversary in the year 2020.

Copies of the Yahoo! Time Capsule will be donated to the Smithsonian Institution's Folkways Recordings archives as well as to The National Institute of Anthropology and History in Mexico to be preserved, studied and shared with future generations.

More information about the Yahoo! Time Capsule is available here.