Dear users,
We are pleased to announce that Tapbit has now integrated Web3 Name SDK powered by SPACE ID. Users can use their web3 domain names (.bnb and .arb names) for token withdrawals on BNB Chain and Arbitrum chain. This integration brings enhanced security and convenience to user identity verification and asset management.
The native token of the SPACE ID ecosystem, the ID Token, is now also listed on Tapbit.
About SPACE ID:
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage Web3 domains. It also includes a Web3 Name SDK & API for developers across blockchains and provides a multi-chain name service for everyone to easily build and create a Web3 identity.
ID is the native token of the SPACE ID ecosystem, and is used in the following functions:
- Staking: Stake ID tokens to receive discounts in the SPACE ID domain NFT marketplace trading fees and Web3 domain registration discounts on SPACE ID.
- Payments: Used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK Integration.
- Governance: Users can participate in SPACE ID DAO proposals.
SPACE ID is building an infrastructure that consists of the following major components working in conjunction:
- One-stop Web3 Domain & Identity Platform: The SPACE ID one-stop Web3 domain & identity platform is an innovative infrastructure that allows users to manage all aspects of their domains in one place.
- Multi-chain Name Service: SPACE ID’s multi-chain name service includes but is not limited to the new Top Level Domains (“TLDs”) that have been and will be launched by the SPACE ID team, plus other domain providers joining SPACE ID with this ground-breaking multi-chain name service feature.
- Web3 Name SDK & API: One SDK for all has always been one of the main features of SPACE ID to support all Web3 dApps. It is designed to be a unified and streamlined approach that greatly simplifies the integration of Web3 name services, eliminating the need for developers to work with multiple protocols, saving time and reducing the risk of compatibility issues.
- As at March 16 2023, the total supply of ID is 2,000,000,000 and the circulating supply upon listing will be 286,000,000 (14.30% of the total token supply).
Tapbit Team
