SPACE ID is a decentralized domain name service protocol created on the BSC chain. It works to build a universal name service network that seamlessly connects people, information, assets and applications across blockchains. It also allows users to bind their identities to multiple chains, and the community can build its own domain name service through the SPACE ID network.
Total supply: 2 billion
Circulation volume: 286 million
Maximum supply market value: 3.395 billion
Circulation rate: 14.3%
Current lock-up situation
There are still more than 3 days until the next unlock, which will unlock approximately 3.92% of the total supply. Currently, 24.47% of the total chips have been unlocked, with 75.53% left to be unlocked.
Distribution
Seed sales 20%, core team 15%, marketing 13%, foundation 12%, community airdrop 10%, Binance 5%, and the rest account for 15%.
Space ID is building a universal name service network to provide a one-stop identity platform for discovering, registering, trading and managing Web3 domain names. It also covers a Web3 names SDK and API for developers across blockchains, and provides a multi-chain name service for everyone to easily set up and create their own Web3 identities.
ID is the native token of the Space ID ecosystem and is used for the following functions:
Staking: Staking ID tokens can obtain discounts on the Space ID domain name NFT market transaction fees and Web3 domain name registration discounts on Space ID.
Payment: Acts as a means of payment within the Space ID ecosystem and is used for Web3 Name SDK integration.
Governance: Users can participate in Space ID DAO proposals.
Space ID is building an infrastructure that includes the following major parts working together:
One-stop Web3 domain name and identity platform: establishing various incentive mechanisms, easy-to-use wallets and decentralized identities for users.
Multi-chain name service: SPACE ID's multi-chain domain name service includes but is not limited to the top-level domain names that the Space ID team has and will launch, as well as other domain name providers joining Space ID with this groundbreaking multi-chain name service feature.
Web3 Name SDK and API: One SDK for all (One SDK for all) has been one of the main features of Space ID supporting all Web3 dApps. It is designed as a unified, streamlined approach that greatly simplifies the integration of Web3 name services, eliminating the need for developers to use multiple protocols, saving time and reducing the risk of compatibility issues.