Space ID ia an ambitious decentralized identity (DID) project that seeks to create a single identity that you can use to connect virtually ALL the chains, dapps, assets, and everything in the blockchain. It was invested and had very close tie with Binace, and has integrated with BscScan.
I mentioned in my last post that Space ID airdrop may be immient, as the Space ID team has listed the Space ID token ($SID) on CoinMarketCap (another investment of Binance).
Yesterday (1 February), Space ID has announced a very important product update - something that the project team has described as “a next-gen revolutionary upgrade”. Below are the key update:
- Space ID is goinf multi-chain!
- Upgrading Web3 Name SDK & API for its100+ existing & future partners with a more comprehensive platform for integrating Web3 services into any application.
- Introducing One-stop Web3 Domain & Identity Platform that allows users to manage all aspects of the Space ID domain on a single platform
It showcased Binance’s ambition to expand Space ID as the number 1 DID in the whole crypto world! In the future, the .bnb domain can also be used in any blockchain, such as Ethereum, Polygon, Arbitrum, and more.
From an airdrop perspective, the expanded utilities of Space ID domains has make any potential airdrops much more profitable.
Make sure you are getting yourself prepared before the airdrop happens!
Getting yourself prepared for the airdrop
Below is the step-by-step guide:
I. Getting a BNB domain
1. Go to the official website and connect your wallet.
2. Search for the domain name that you like, and click “Search”. If the domain is available, you will see the “Register” option in the drop-down. Given that this is still relaively new, a lot of meaning pharse is still availble for registration.
3. After clicking “Register” it will show you the price. It only costs around USD 5 for a domain with 4 or more characters (for 1 year).
4. Click “Request” and approve the payment. Congratulatins — You now own your .bnb domain!
Registering for multiple domains will probably increase your share in the upcoming airdrop!
II. Joining the SPACE ID Voyage
The SPACE ID Voyage is a series of campaign from which non-transferable Voyage NFTs will be awarded to participants. Owning these NFTs will probably give you a larger share in the airdrop. You can see the official announcement here.
Currently only the first campaign is released. To be qualified, you need to:
- Own a BNB domain name (of course!)
- Join Space ID’s Discord
- Follow Space ID’s Twitter
- Retweet this tweet
That’s it! After completing all the tasks, you can claim your NFT in the event page.
I will keep a close eye on teh development of the Space ID project, and any update in the airdrop strategy. Subscribe My Medium page to keep updated!