Space ID Tokenomics Overview
Full Space ID tokenomics breakdown: ID token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Full Space ID tokenomics breakdown: ID token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about Space ID tokenomics.
Space ID token distribution allocates 2,000,000,000 ID across 5 primary stakeholder groups:
ID uses variable cliffs and vesting schedules that change depending on the allocation:
14.3% of the total supply (286,000,000 ID) is unlocked at TGE, with the tokens split between Foundation, Public Sale, and Community.
Space ID has a total supply of 2,000,000,000 ID, of which 1,421,500,000 ID (71.1% of total) is currently circulating.
Total length of the full Space ID emission schedule is 6 years, with 24.47% released in Year 1, while the remaining 75.53% is released over the following 5 years.
23% of the Space ID supply is allocated to community focused pools such as Marketing and Airdrop.
Explore the innovative SPACE ID ecosystem, a pioneering universal naming service that bridges identities, assets, and decentralized applications (dApps) across various blockchain networks. At its core, SPACE ID leverages the $ID token as a crucial element in establishing a decentralized, censorship-resistant, and open-sourced universal identifier system. The SPACE ID platform is uniquely designed to offer a universal username functionality, which is enhanced by multi-chain interoperability. This allows users to seamlessly utilize a single human-readable domain name across a myriad of blockchain environments, effectively simplifying the user experience while maintaining robust security and privacy protocols. Central to SPACE ID's offerings is its Single Source of Truth (SSOT) implementation for decentralized identities. This infrastructural integrity ensures that all identity data is consistent and accurate across every chain, reducing fragmentation and enhancing user trust. Associated with this is an ad-hoc oracle chain that SPACE ID has integrated to advance the platform's scalability and ensure high availability across its network. The $ID tokenomics strategy underpins the value and utility of the platform, facilitating not only transactions and domain registrations but also governance and incentivization within the ecosystem. As an integral part of SPACE ID, the $ID token empowers users by enabling direct participation in network governance and aligning community interests. In positioning itself as a leader in blockchain identity management, SPACE ID focuses on creating a globally interoperable system that is open to contributions from developers and innovators worldwide. By providing comprehensive interoperability and a robust economic model, SPACE ID caters to the growing demand for decentralized identity solutions, securing its place in the evolving blockchain landscape. Explore more about SPACE ID and harness the power of $ID to revolutionize your digital identity across blockchain platforms.
