Space ID offers a universal name service network that leverages decentralized identities to seamlessly connect users, data, assets, and applications across blockchain networks. Its one-stop-shop platform lets users find, register, trade, and manage web3 domains.
Space ID’s Web3 Name SDK & API lets developers generate and manage web3 domains across blockchain ecosystems. In addition, its multi-chain name service makes it easy for users to create and manage their web3 identity in a blockchain-agnostic manner.
The project’s universal domain name service aims to function as a gateway between decentralized identities (DIDs) and the real world. Space ID’s goal is to serve as web3’s core and drive mainstream adoption and use of decentralized IDs in the physical and web2 worlds.
Space ID Token (ID) is the governance token of the platform. ID token holders can participate in the platform’s decentralized governance mechanism and offer incentives for engaging with the Space ID community. It is also used to make payments on Space ID and can be staked on the platform to receive discounts on its NFT marketplace.
