cryptonews.net
ID, the native crypto asset and governance token of Space ID, the Web3 domain management system that allows users to exchange, register and manage cryptographic domain names, has fallen 25% in the past 24 hours to $0.468, according to CoinMarketCap. The ID token was most recently publicly released via Binance Launchpad, where trading began shortly thereafter.
On March 16, the Space ID team introduced the SPACE ID governance token, the ID token. On the same day, Binance announced Space ID (ID) as the 30th project on Binance Launchpad. Since March 17, user BNB balances have been registered. Binance Launchpad for Space ID was a huge success as Space ID tokens received over $2.8 bln in BNB. Binance CEO revealed that this is a record high for Binance Launchpad.
On March 21, Space ID received over 8.4 mln BNB tokens from 99,000 holders within 48 hours. The tokens were offered at 0.00007412 BNB per ID, with a total of 100 mln ID tokens available. The final allocation will be judged based on the number of BNB commitments relative to the total number of participating holders.
Image: CoinMarketCap