SPACE ID is a new project which is currently a trend. The innovative products from him drew a lot of attention in the markets. The company launched its native utility token on March 17, 2023. Its price is only USD 0.025 during the initial coin offering, but the value of SPACE ID could increase after the ICO sale ends. The SPACE ID token is based on BEP-20 and ranks very high on the various ICO listing platforms. While your total supply is 2,000,000,000, only a percentage is available to buy at this stage.
The SPACE ID team aims to create a network that will connect people, dApps, and assets, not just on one blockchain but across different chains. Thanks to this platform, creators and developers will be able to find investors or partner with each other to create amazing projects. Additionally, clients will have the opportunity to find the services they need, along with new ways to generate passive income.
In addition, the company will build a comprehensive identity platform that will be available to all customers around the world. The latter will allow people to discover great web3 domains, as well as register and manage them. Considering that every platform or website needs a domain, that is a very useful service. After all, putting them in web3 is not an easy task. This technology is still new and there are not many companies that offer the same services. However, creating and registering a domain is crucial for the future development of the web3 space. How else can people create their own platforms there?
SPACE ID recognized the need and decided to provide the service and with it other exciting benefits. For example, users will be able to exchange domains if they wish. That is one of the many ways to make a profit by using this platform.
What other benefits does SPACE ID offer?
The company stated that its project also includes SDK and API. Also, developers will be able to use Web3 names on various blockchains. The team will also provide a multi-chain naming service. The latter will allow any user to create their own web3 identity easily.
One of the great benefits of this project is that it offers domains that are compatible with different blockchains. Users usually have to jump from one chain to another, or from one platform to another, if they want to diversify or build their applications on different blockchains. However, the SPACE ID team thought that users would enjoy doing everything on one platform without changing it. Thus, it ensured that people did not have to look for other platforms to finish the job. Instead, you can complete the entire process in SPACE ID.
Furthermore, the company chose web3 for its many benefits. This technology is still evolving, but it is already clear that it will eventually replace web2. Many investors have already moved to Web3, and even more plan to do the same. Due to the increased demand for Web3 domains, other companies offering similar services to SPACE ID appeared on the market. However, most of them work only on a specific blockchain, which is not convenient at all. Also, these platforms rarely have domain building tools for NFT trading, unlike the SPACE ID platform. The latter even offers a multi-string name service for each client. Therefore, people will be able to create a web3 identity without much hassle.
What about your wallet?
As we already mentioned, the SPACE ID platform will provide clients with server services. It is well diversified and uses the most advanced technologies. However, this not all. The company has also created its own wallet to help customers keep their tokens safe. The team has already released WalletConnect and Metamask Wallet. They operate on SPACE ID Mainnet.
The team created their digital wallet: MetaMask, specifically for Ethereum. But the company also gives its clients access to other wallets. The company noted that SPACE ID supports several of them. However, so far MetaMask enjoys the greatest popularity. It automatically connects to users’ web browser as an extension. After that, customers will be able to move their tokens to this wallet and spend their ETH. Creating the wallet is very easy; users just need to register on the platform and follow the instructions to activate Metamask.
SPACE ID has great potential. It’s very popular these days, too. This project could achieve considerable success in the Defi market.
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