check my article on #SpaceID web3 Domin. tokens. 🔶

SPACE ID is an innovative infrastructure that aims to provide a universal name service network for managing Web3 domains. The platform includes a one-stop identity platform that allows users to manage all aspects of their domains in one place.

SPACE ID offers several existing products, including .bnb Name Service and .arb Name Service, which have gained a total of over 440,000 and 95,000 registrations, respectively. The one-stop Web3 Domain & Identity Platform features four main components: Discover, Register, Trade, and Manage. Discover is a central hub for users to search desired names in all supported TLDs, as well as discover trending domain collections. Register allows users to register for all Web3 domains on the SPACE ID Mainnet, and Trade is a marketplace designed for trading Web3 domains, with aggregated liquidity from other marketplaces such as OpenSea. Manage offers a single integrated portal to manage the renewal, record, and ownership of all Web3 domains.3.Token sales and economics:-

Token sales data

2. Token allocation

3. Roadmap & Updates

The ID token is native to the SPACE ID ecosystem and serves multiple purposes.

It can be staked for discounts on SPACE ID domain NFT marketplace trading fees and Web3 domain registration discounts.

ID is also used for payments within the ecosystem and for Web3 Name SDK integration, and users can participate in SPACE ID DAO proposals through governance.

Current Road Map 

Launch of SID Launchpad: In Q2 2023, SPACE ID plans to launch a SID Launchpad for Custom TLD Domain Names, which will enable communities to easily build and launch customized TLDs in a single platform. 

SPACE ID DAO Launch: SPACE ID plans to launch its official DAO, allowing users to participate in the decision-making process of the ecosystem, propose and vote on important changes, and contribute to the development of the platform.

Multi-Chain Top-Level-Domain Infrastructure: SPACE ID aims to develop an innovative infrastructure that provides Top-Level-Domain with multi-chain support, allowing developers to work with multiple protocols without the need for complex integrations.

Conclusion 

SPACE ID is a promising infrastructure that aims to provide a comprehensive solution for managing Web3 domains. Its multi-chain name service, Web3 Name SDK & API, and one-stop Web3 Domain & Identity Platform offer significant benefits for users and developers alike. The successful integration with over 100 leading DApps and wallets, as well as the launch of the All-in-One Identity SDKs, has strengthened its position in the market. Furthermore, the upcoming launch of SID Launchpad for Custom TLD Domain Names, Multi-chain Top-Level-Domain Infrastructure, and SPACE ID DAO will bring even more value to the ecosystem. With the ID token used for staking, payments, and governance, users can benefit from discounts and participate in the governance of the platform. Overall, SPACE ID’s thriving ecosystem and ambitious roadmap suggest a bright future for the project.