- What is SPACE ID (ID) and what problem does it solve?
- SPACE ID (ID) is a blockchain-based identity and naming service designed to streamline decentralized identities and domain-like naming for Web3 applications. It aims to provide persistent, user-friendly identifiers that can be used across wallets, dApps, and decentralized services, reducing the complexity of managing multiple addresses. By offering a unified identity layer, SPACE ID seeks to improve onboarding, authentication, and interoperability in the crypto ecosystem, while supporting features like wallet linking, social recovery, and cross-platform address resolution.
- How many SPACE ID tokens are in circulation and what is the max supply?
- As of now, roughly 430.5 million SPACE ID tokens are in circulating supply. The project has a hard cap of 2,000,000,000 tokens. This finite supply can influence long-term scarcity and potential price dynamics, assuming demand remains steady or grows. Always check the latest on-chain data or a reputable tracker, as circulating supply figures can update with new token releases or staking programs.
- What is the current price of SPACE ID and how has it performed recently?
- SPACE ID is currently trading around $0.0643 per ID token. In the last 24 hours, the price declined by about 1.13% (roughly -$0.00074). Price movements for tokens like SPACE ID can reflect broader market trends, project news, or changes in perceived utility and adoption. For traders, it’s prudent to monitor intraday volatility, liquidity on supported exchanges, and any upcoming announcements or protocol updates that might affect demand.
- Where can I buy or trade SPACE ID, and what should I consider before purchasing?
- SPACE ID can typically be purchased on major decentralized and centralized exchanges that list the ID token. Before buying, consider the token’s liquidity, trading pairs, and gas costs on your chosen network. Review the project’s official channels for the list of supported wallets, as well as any fees associated with transfers or staking if offered. Also assess the token’s use cases (identity services, domain-like naming, ecosystem integrations) and the roadmap to gauge potential long-term value. Diversify risk and only invest what you can afford to lose, given the volatility common in crypto markets.
- What are common use cases for SPACE ID, and how can I participate beyond holding tokens?
- Beyond holding ID tokens, users can engage with SPACE ID through its identity and naming services, such as linking wallets, enabling cross-platform access, and utilizing social recovery or authentication features across supported dApps. Participation opportunities may include staking or governance programs if offered, contributing to ecosystem growth, and providing feedback to developers via community channels. To stay involved, follow SPACE ID’s official announcements, join their community forums or Discord/Telegram groups, and review any developer documentation for integration guidance and security best practices.
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