PACE ID, established in Q3 2022, took the market by storm with its .bnb domain name service, which quickly gained over 447,000 registrations and 257,000 unique holders within 6 months of its public launch in September. The .bnb Domain Service further strengthened its position in the market with successful integrations with over 100 leading projects and protocols, including BscScan and Trust Wallet.
In a recent development, SPACE ID joined forces with the ARB ID team and launched SPACE ID .arb Name Service in February 2023, which had already amassed an impressive total of 95,000+ registrations and 71,000+ unique holders in just a few weeks after public launch. This strategic merger further bolsters SPACE ID’s position as a leading player in the domain name service industry.
Furthermore, SPACE ID’s announcement of its 2.0 upgrade marks a pivotal moment in the Web3 industry. The upgrade includes a comprehensive one-stop Web3 domain and identity platform, a multi-chain name service, and Web3 Name SDK and API. With this ambitious upgrade, SPACE ID aims to revolutionize the Web3 industry and establish itself as a game-changing force in the market.
Thus, the launch of the SPACE ID native token ID will be the next step during our journey of building a universal name service network. It will become a key component as we continue to expand and enhance our services, offering new and innovative solutions to our users.
The ID Token
ID is the governance token of SPACE ID. It is designed to play a critical role in the decision-making process of the project, allowing users to have a say in the direction and future of SPACE ID. The ID token serves as an essential part in the growth and sustainability of the SPACE ID ecosystem, incentivizing users to engage with the project and contribute to its success. With the launch of ID, SPACE ID is poised to become a leader in the Web3 industry, providing users with even more well-rounded platform for managing their digital identities.
ID is the native token of the SPACE ID ecosystem, with the following functions:
Staking: Stake ID tokens to receive discounts in the SPACE ID domain NFT marketplace trading fees and Web3 domain registration discounts on SPACE ID.
Payments: Used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK Integration.
Governance: ID token holders can participate and vote on SPACE ID DAO proposals.
ID Token Contract Address
At the time of the announcement, the token contract has not yet been deployed. Please be careful of scam tokens.
Token Distribution
ID Total Supply: 2,000,000,000
Here is the distribution table:
Early Adopters Airdrop
A total of 10% of the total supply is reserved for the Community Airdrop, and 21% of the Community Airdrop (2.1% of the total supply) will be eligible for claiming for all early adopters of SPACE ID at the time of trading on Binance. The rest of the Airdrop allocation is reserved for contributors in future campaigns and will be released gradually.
The snapshot of early adopters has already been taken, and exciting news awaits as the distribution details of the eagerly anticipated Airdrop will be revealed in just three days!
But that’s not all! The second season of the SPACE ID Voyage is just around the corner. The new season will feature new challenges, more rewards, and even more opportunities to explore the vast SPACE ID. To participate in the upcoming season of the SPACE ID Voyage, users must register a .bnb or .arb domain and set up the primary name. This will ensure that they are ready to go as soon as the season launches. Setting up a primary name is important as it will serve as the user’s unique identifier throughout their journey in Web3.
Binance Launchpad Public Sale
The ID token will be available on Binance Launchpad for public subscription, with trading to start shortly thereafter. This means that our community will have an opportunity to buy, sell, and trade the ID tokens on one of the most reputable exchanges in the industry. 5% of the total supply is allocated to Binance Launchpad participants.
