SPACE ID (ID)
A Web3 Identity Protocol with Multi-chain Name Service.- 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.
- ID is the native token of the SPACE ID ecosystem, and is used in 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: Users can participate in SPACE ID DAO proposals.
- SPACE ID is building an infrastructure that consists of the following major components working in conjunction:
- One-stop Web3 Domain & Identity Platform: The SPACE ID one-stop Web3 domain & identity platform is an innovative infrastructure that allows users to manage all aspects of their domains in one place.
- Multi-chain Name Service: SPACE ID’s multi-chain name service includes but is not limited to the new Top Level Domains ("TLDs") that have been and will be launched by the SPACE ID team, plus other domain providers joining SPACE ID with this ground-breaking multi-chain name service feature.
- Web3 Name SDK & API: One SDK for all has always been one of the main features of SPACE ID to support all Web3 dApps. It is designed to be a unified and streamlined approach that greatly simplifies the integration of Web3 name services, eliminating the need for developers to work with multiple protocols, saving time and reducing the risk of compatibility issues.
- As at March 16 2023, the total supply of ID is 2,000,000,000 and the circulating supply upon listing will be 286,000,000 (14.30% of the total token supply).
1. What is SPACE ID?
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.
SPACE ID is one of the largest Web3 name service providers. It’s the primary name service provider of .bnb and .arb Top Level Domains.
One-stop platform provided by SPACE ID brings together the experiences of Web3 domain discovery, registration, trading, and management.
The Web3 Name SDK allows developers to integrate all Web3 name services in one toolkit.
SPACE ID has a thriving ecosystem, which has strengthened its position in the market with its successful integration with over 100 leading and reputable projects, including BSCScan, Trust Wallet and more.
2. Existing Products
- .bnb Name Service and .arb Name Service
- In September 2022, SPACE ID was launched with a .bnb Name Service on BNB Chain. In these 6 months, SPACE ID quickly gained a total of over 440,000 registrations and 250,000 unique domain holders.
- In February 2023, SPACE ID joined forces with .arb Name Service, which had already amassed an impressive total of over 95,000 registrations and 70,000 unique holders in just a few weeks after the public registration.
One-stop Web3 Domain & Identity Platform The 4 main features includes the following:
- Discover: A central hub for users to search desired names in all supported TLDs, as well as discover trending domain collections. It supports functions like auto-suggesting and the quick check on the domain registration status.
- Register: Users can now register for all Web3 domains on the SPACE ID Mainnet. The .bnb, .arb and .eth domains have been supported on the Mainnet.
- Trade: A marketplace that is specifically designed for trading Web3 domains, with aggregated liquidity from other marketplaces such as OpenSea.
- Manage: One single integrated portal to manage the renewal, record, and ownership of all Web3 domains.
3. Token sales and economics
3.1 Token sales data
| Token Name | ID |
|---|---|
| Token Type | ERC-20, BEP-20 |
| Total Token Supply | 2,000,000,000 ID |
| Seed Sale Allocation | 400,000,000 ID |
| Strategic Sale Allocation | 160,000,000 ID |
| Binance Launchpad Sale Allocation | 100,000,000 ID |
| Binance Launchpad Sale Price | 0.025 USD / ID |
| Binance Launchpad Amount to be Raised | 2,500,000 USD |
| Initial Circ. Supply When Listed on Binance | 286,000,000 ID (14.30%) |
3.2 Token allocation
| Token Name | ID |
|---|---|
| Seed Sale | 20.00% of the total token supply |
| Strategic Sale | 8.00% of the total token supply |
| Binance Launchpad | 5.00% of the total token supply |
| Core Team | 15.00% of the total token supply |
| Advisors | 7.00% of the total token supply |
| Marketing | 13.00% of the total token supply |
| Foundation | 12.00% of the total token supply |
| Community Airdrop | 10.00% of the total token supply |
| Ecosystem | 10.00% of the total token supply |
ID token allocation
ID token release schedule
4. Roadmap & Updates
4.1 Completed Milestones
| Completion Date | Milestone | Commentary |
|---|---|---|
| 2022: Q4 | Launch of .bnb Name Service | Link |
| 2022: Q4 | Seed Round Led by Binance Labs | Link |
| 2022: Q4 | Integration with 100+ leading DApps & Wallets | - |
| 2022: Q4 | All-in-One Identity SDKs | - |
| 2022: Q4 | Introduction of New Feature: Launch of SID Gift Cards | Link |
| 2022: Q4 | Introduction of New Feature: Launch of Domain NFT skin | Link |
| 2022: Q4 | Launch of Voyage Series | Link |
| 2022: Q4 | Introduction of New Feature: SID Domain Names Referral Program | Link |
| 2023: Q1 | Integration of .bnb Domain Name Service with BscScan | Link |
| 2023: Q1 | Introduction of SPACE ID 2.0: One place of Digital Identities | Link |
| 2023: Q1 | Joint Forces with Arb ID, Arb ID rebranded to SPACE ID .arb Name Service | Link |
| 2023: Q1 | Strategic Round Led by Polychain and Dao5 | Link |
4.2 Current Roadmap
Q2 2023:
- SID Launchpad for Custom TLD Domain Names: One place for communities to readily build and launch customized TLDs.
- Multi-chain Top-Level-Domain Infrastructure: SPACE ID will build an infrastructure that provides Top-Level-Domain with multichain support.
- SPACE ID DAO Launch: Official launch of the SPACE ID DAO.
Q3 2023:
- Implementation of ID as Payment Token on SPACE ID
- Domain NFT-Gated Merch Store: Exclusive personalized merch for SPACE ID domain holders.
- Developer Grant Program: The SPACE ID Developer Grant program is focused on providing incentives for the developer community to build and further expand the ecosystem.
Q4 2023:
- ID Token Staking: Staking for domain name discount and trading fee discount.
- SPACE ID Universal Domain: Release of the identifier (:colon domains), which can represent all identities and multi-chain addresses.
4.3 Commercial and Business Development Progress
- .bnb Domain Name Service: Link.
- Trust Wallet: SPACE ID is supported on Trust Wallet. Users can change their displayed names and send funds with .bnb names on Trust Wallet, Link.
- SPACE ID Gift Card: SPACE ID Gift Card is a BEP-1155 NFT, which means that it can be listed and transferred. At the same, it contains values that can be redeemed into SID Point, Link.
- NFT Domain Skin: Link.
- Domain Name Referral Program: With the Referral Program, .bnb Domain holders can receive up to 15% of the invitees’ registration fees, Link.
- Voyage Series: SPACE ID Voyage is a loyalty program that is dedicated to the community and the community only. It is a series of grand campaigns and bigger-than-ever events on Galxe to reward all of the core loyal users, Link.
- BscScan: Integration of .bnb Domain Name Services with BscScan,.bnb Domain holders are able to interact with the biggest BNB Chain Block Explorer with their .bnb names, Link.
- SPACE ID 2.0: SPACE ID 2.0 offers a one-stop Web3 domain & identity platform to discover, register, trade, and 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, Link.
- ARB ID: ARB ID team joined the SPACE ID 2.0 ecosystem to jointly build the Universal Name Service network, Link.