Space ID: everything you need to know about ID

What is SpaceID?

SPACE ID (ID) makes Web3 domains simpler and more accessible. This platform provides a universal service that allows you to register, buy, sell, and manage Web3 domains. Whether you are looking for a .eth, .bnb, or .arb domain, SPACE ID ensures that you can do everything in one place.

How does SpaceID work?

SpaceID is a platform where you can easily search, register, and manage Web3 domain names. You can check here if a domain name is available and register it right away. Additionally, SpaceID allows you to use a recognizable name instead of a long string of numbers and letters in transactions or when sharing your wallet. For developers, the platform offers tools (SDK and API) to integrate these name services into various blockchains.

The ID token

The native token of the SpaceID ecosystem is the ID token. This token serves as a governance token, which allows holders to participate in decision-making processes within the platform.

The technology behind SpaceID

SpaceID utilizes blockchain technology to provide a secure and transparent platform for managing digital identities. By utilizing a multi-chain name service, users can manage their Web3 identities across different blockchains, which ensures flexibility and interoperability. The Web3 Name SDK and API enable developers to easily integrate naming services into their applications, contributing to a broader usage and adoption of the platform.

The SpaceID ecosystem.

The SpaceID ecosystem consists of different components that work together to provide a seamless experience for users and developers. Users can discover, register, trade, and manage domains through the platform. Developers can use the Web3 Name SDK and API to integrate name services into their applications. In addition, SpaceID offers a marketplace specifically designed for domain investors, making trading in Web3 domains easier.

Benefits of SpaceID

• Usability: Because SpaceID converts complicated blockchain addresses into readable names, sending transactions and managing digital identities becomes a lot easier.
• Multi-chain support: Users can manage their digital identities across multiple blockchains, providing flexibility and interoperability

Disadvantages of SpaceID

• Competition: There are several name service providers in the market, which means that SpaceID needs to compete for market share.

Who is the founder of SpaceID?

The founders of SpaceID are Xu Nuo and Xu Wei. Their specific backgrounds and roles within the project are not extensively documented, but their involvement has been crucial in the development of the platform and the mission to create a universal name service network.

Expectations for the near future

Experts expect a minimum price of €0.7400 in 2027 and a minimum price of €2.4500 in 2032.

Frequently asked questions