1. Project introduction

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.

It mainly arms the following four actions:

(1) 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.

(2) Register: Users can now register for all web3 domains on the SPACE ID Mainnet. The .bnb and .eth domains will be the first two TLDs to be supported in the first version of Mainnet.

(3) Trade: A marketplace that is specifically designed for trading web3 domains, with aggregated liquidity from other marketplaces such as OpenSea.

(4) Manage: One single integrated portal to manage the renewal, record, and ownership of all your web3 domains.

2. Investment institution

Binance Lab, Polychain Capital, dao5

3. Application and distribution

Token application:

ID is the native token of the SPACE ID ecosystem, with the following functions:

(1) Staking: Stake ID tokens to receive discounts in the SPACE ID domain NFT marketplace trading fees and Web3 domain registration discounts on SPACE ID.

(2) Payments: Used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK Integration.

(3) Governance: ID token holders can participate and vote on SPACE ID DAO proposals.

Token distribution:

Seed Sale: 20.00%

Strategic Sale: 8.00%

Binance Launchpad: 5.00%

Core Team: 15.00%

Advisors: 7.00%

Marketing: 13.00%

Foundation: 12.00%

Community Airdrop: 10.00%

Ecosystem: 10.00%