SPACE ID

SPACE ID is a universal name service network that lets users register, manage, and trade human-readable web3 domain names across multiple blockchains, serving as a single identity layer for the decentralized web. The problem it addresses is the complexity of wallet addresses and the lack of a consistent, portable identity across different blockchain ecosystems. Its primary users are individuals who want a recognizable web3 identity and developers who integrate naming functionality into their applications via the project's Web3 Name SDK and API.

SPACE ID operates across both the BNB Chain and Ethereum ecosystems, providing a multi-chain name resolution layer so that a single registered name can point to addresses on different networks. The ID token functions as the native utility and governance token within this ecosystem, used for participating in protocol decisions and interacting with platform services. No consensus algorithm or block time is recorded for this token in the stored data, as ID is a utility token that settles on the underlying chains rather than operating its own consensus layer.

The stored data does not include a direct fee-revenue stream for SPACE ID, so fee-based measures such as protocol income or fee yield cannot be calculated from the figures on this page. What the data does capture is supply structure: 77.56 percent of the total supply has been issued as of the point-in-time snapshot, with 28.93 percent of the maximum supply of 2,000,000,000 tokens still pending release, creating a dilution overhang of 28.93 percent. The fully diluted valuation is 1.29 times the current market capitalization of approximately 58.9 million USD, reflecting that outstanding tokens have not yet entered circulation.