Home » Crypto » What is Space ID coin (ID) and how does it work?

What is Space ID coin (ID) and how does it work?

by Financial Economy

The Space ID project aims to create a universal name service network and a one-stop identity platform for discovering, registering, trading and managing Web3 domains. In this article, you can find answers to questions such as what is Space ID coin (ID), how it works, how to get it, which exchange is available on, who is the founder, etc. You can browse here for information about Arbitrum (ARB) coin.

What is Space ID coin (ID) and how does it work?

The project provides the Web3 Name SDK and API for developers, making it easy for them to work on different blockchains. It also provides multi-chain name service so anyone can easily create Web3 ID. Space ID is a platform in the Web3 world that helps users manage their digital identity and domain names.

SPACE ID token (ID) is the governance token of the SPACE ID ecosystem and is designed to play a critical role in the decision-making processes of the project.

It allows users to have a say in the future and direction of SPACE ID. The ID token is an essential part of the growth and sustainability of the SPACE ID ecosystem, encouraging users to participate in the project and contribute to its success.

ID token features!

ID coin is the native token of the SPACE ID ecosystem and has the following functions:

Staking: By staking ID tokens, you can get discounts on SPACE ID Domain NFT Marketplace transaction fees and Web3 domain registration discounts on SPACE ID.

Payments: Used as a means of payment within the SPACE ID ecosystem and also applies to Web3 Name SDK integration.

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

Thanks to these functions, the ID token plays an important role in the SPACE ID ecosystem.

Which exchange is ID coin on?

SPACE ID coin is listed on some cryptocurrency exchanges such as Binance, Bybit, Bitrue, CoinW,  Bitget, etc.

How to buy ID coins?

SPACE ID Token can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

ID token supply!

According to specified, total supply of SPACE ID coin is units.

ID token price!

As of April 14, 2023, at the time of the writing, 1 SPACE ID Token price is around $ 0,6873 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

Related Posts

Leave a Comment