Blockchain
SPACE ID is a blockchain-based decentralized world 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 focuses on the sale of identify companies.
Web3 domains are human-readable names which may be used to entry dApps, sensible contracts, NFTs, and different blockchain-based companies, equivalent to pintu.eth and pintuacademy.eth on the Ethereum community.
The Web3 area identify is a tradable non-tradeable. Customers could generate, promote, and keep SPACE IDs multi functional spot. Customers should make the most of a separate market to accumulate and promote domains than the Ethereum Title Service (ENS).
SPACE ID consists of Web3 names for Software program Growth Equipment (SDK) and Software Programming Interface (API) for cross-blockchain builders along with folks. Its aim is to make it simpler to combine web3 domains into various functions.
As a substitute of promoting domains primarily based on the pricing provided by purchasers, customers could now promote them relying on the quantity wished. SPACE ID will now help worth matching from excessive to low primarily based on the present order e-book.
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 have the ability to make the most of Sei’s cutting-edge trade infrastructure.
DISCLAIMER: The Info on this web site is supplied as basic market commentary and doesn’t represent funding recommendation. We encourage you to do your individual analysis earlier than investing.
