SPACE ID (ID)

SPACE ID is a Domain Name System (DNS) for blockchains. The project allows users to register their own Web3 domain name across different blockchains, such as Binance Smart Chain, Ethereum, and Arbitrum. The registered domains are easier to remember than the standard addresses used on blockchains, making it commercially attractive to register a domain name through SPACE ID. Decentralized applications (dApps), smart contracts, NFTs, and other blockchain applications can request a domain name. Similar to the Ethereum Name Service, users can manage and trade different domains through SPACE ID. One of the distinctive features of SPACE ID is the Web3 Name SDK and API for dApp developers, making it easier to integrate Web3 domains into various applications. Additionally, the ID token serves as a governance token, launched on Binance Launchpool, allowing holders to participate in the governance of the project. Users can also use the ID tokens to purchase products, such as domain names. Currently, SPACE ID works with various blockchains, including Polygon and Ethereum, with plans to expand to more in the future.