SPACE ID is a new Defi project that offers interesting products. The company aims to build a universal name service network. It will soon introduce a comprehensive identity platform that will allow customers to register, market and manage multiple web3 domains. The team plans to use the advantages of Web3 technology. It will make the SDK and API available to developers across the Defi world. In addition, the company will provide a multi-string name service for each user around the world. Therefore, people will have the opportunity to easily build on the blockchain and create a web3 identity.
SPACE ID launched its ICO (ID) on March 17, 2023. The sale will end on March 22, 2023. ID is a BEP-20 token. The initial coin offering will be priced at USD 0.025. However, the value of the SPACE ID utility token could increase after the ICO ends. The company wants to raise $2,500,000 from the sale. The total supply of ID tokens is 2,000,000,000. However, only a percentage will be available at this stage. The platform will accept USDT in exchange for ID coins.
Many users want to create new identities in the virtual space. After all, it gives them the freedom to be who they want to be and shakes off all kinds of prejudices and insecurities. Also, adopting a new identity can be a lot of fun. The virtual world allows us to be another person and experience things that we cannot experience in the real world. Still, doing that is not as easy as it might seem. Yes, we have a lot of social platforms where people can create fake accounts, but that’s totally different and not that exciting. On the other hand, gaming platforms allow gamers to become a part of something bigger, something incredible.
What does SPACE ID offer?
Until now, people have mostly had to deal with web2 technology, but web3 is already taking center stage. This new technology is really amazing and it will bring a lot of opportunities. However, one of the main aspects of decentralization is anonymity. Users can remain virtual strangers and still make friends and business acquaintances. In this case, anonymity also means maintaining financial independence. While everyone can see the encrypted assets (such as cryptocurrency) and who they belong to, only the owners of the keys know that the specific code names belong to them.
Also, web3 technologies are rapidly evolving and decentralized identities are becoming the main aspect of any web3 presence. As a result, many companies began offering domain names to individuals. Users can acquire multiple identities in the Defi space. The problem is that finding and registering different domains can be tedious, especially when users have to manage them on different platforms. That is very inconvenient and time consuming.
Also, most existing NFT marketplaces do not have tools to trade non-fungible domain tokens. That also makes exchanging tokens more difficult for owners. By researching the markets to discover the problems to overcome, SPACE ID offered a platform that would provide superior service.
The company will create a comprehensive web3 domain and identity platform. As a result, users will not need to visit multiple websites or channels. They will be able to do everything they need in one space. The team noted that it would offer a web3 naming SDK and API, and a multi-string naming service. The first is for developers, while the other will be available to all users. Thanks to this platform, customers can easily create their web3 identity.
How will this platform work?
SPACE ID will have advanced functions and an interface. This comprehensive web3 domain and identity platform will also feature innovative infrastructure. The latter will allow customers to manage all aspects of their domains. Thanks to SPACE ID, users will not have to use multiple products for different domains.
The team noticed that people were able to discover interesting names on this platform. It uses TLDs to support the latter. Customers will also find collections of trending domains there. The platform has modern features, including a quick domain registration status check and auto-suggestions. After choosing the domain, users will proceed with the registration. They can register with SPACE ID Mainnet for all web3 domains. This platform offers great products and is easy to use.
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