SPACE ID Mission

SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage web3 domains. It also includes a Web3 Name SDK & API for developers across blockchains and provides a multi-chain name service for everyone to easily build and create a web3 identity.

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.

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