.SpaceIDProtocol (ID) is a name service network where users can have their own Web3 domain registered on different blockchains 💪 CMC dives deeper into this new name 🔎
by allowing users to link their web3 domains to any blockchain address or resource.
The Space ID platform offers a pleasant interface for users to interact with the protocol. The platform offers various features such as domain discovery, registration, trading, management and referral. It also integrates with major DApps and wallets on BNB Chain and other blockchains to provide seamless web3 domain usage. Additionally, the platform provides a Web3 Name SDK and API for developers.
The Space ID DAO is a decentralized autonomous organization that governs the Space ID protocol and platform. The DAO is powered by the ID token, which is the governance token of Space ID. The token also serves as an incentive mechanism for users to engage with the project and contribute to its growth and sustainability.The project was founded by a group of engineers and web3 aficionados that aim to create a universal name service network backed by decentralized blockchain technology.
Space ID has received strong support from reputable investors and partners in the blockchain industry. The project has raised a total of $10 million in funding over two rounds. The seed round was led by Binance Labs, the venture capital arm of Binance. The strategic round was led by Polychain Capital and dao5, two prominent venture capital firms that focus on web3 innovation. Other participants in the funding rounds include Foresight Ventures and other institutions and industry leaders.
The funding rounds have enabled Space ID to expand its team, develop its product and grow its ecosystem. The project has integrated with over 100 leading projects and protocols on BNB Chain and other blockchains, such as BscScan,
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