Blockchain
SPACE ID is a blockchain-based decentralized international identify service community (Ethereum, BSC, and Arbitrum). It additionally features as a Web3 area and id administration platform, permitting customers to register, commerce, and administer crypto-based domains. In a nutshell, SPACE ID is a market that makes a speciality of the sale of identify companies.
Web3 domains are human-readable names which may be used to entry dApps, good contracts, NFTs, and different blockchain-based companies, akin to pintu.eth and pintuacademy.eth on the Ethereum community.
The Web3 area identify is a tradable non-tradeable. Customers might generate, promote, and keep SPACE IDs multi function spot. Customers should make the most of a separate market to amass and promote domains than the Ethereum Identify Service (ENS).
SPACE ID contains Web3 names for Software program Growth Equipment (SDK) and Utility Programming Interface (API) for cross-blockchain builders along with individuals. Its purpose is to make it simpler to combine web3 domains into numerous purposes.
As an alternative of promoting domains primarily based on the pricing provided by purchasers, customers might now promote them relying on the quantity needed. SPACE ID will now help value matching from excessive to low primarily based on the present order ebook.
As Coincu reported, SPACE ID has partnered with the Layer 1 public chain Sei Community, and it’ll present the “.sei” area identify to the Sei Community ecosystem. The protocol’s customers will be capable to make the most of Sei’s cutting-edge trade infrastructure.
DISCLAIMER: The Info on this web site is supplied as normal market commentary and doesn’t represent funding recommendation. We encourage you to do your individual analysis earlier than investing.