SPACE ID Announces Retroactive Airdrop of ID Tokens for Early Adopters

SPACE ID, a decentralized identity platform, has announced an Early Adopter Airdrop for its $ID tokens. The platform aims to reward its earliest supporters who believed in the project’s vision from the beginning. The retroactive airdrop is the platform’s way of showing gratitude and appreciation for the unwavering support it has received.

According to the announcement, eligible users for the airdrop are approximately 294,000 addresses that hold .bnb or .arb domain at snapshot time. The snapshot time was March 14th at 2 PM UTC, and the corresponding BNB Chain block number is 26459696, and the corresponding Arbitrum One block number is 69763080. The total allocation of the airdrop for claiming is 42,000,000 ID tokens, which is approximately 2.1% of the total ID token supply and 21% of the airdrop pool (10% of the total supply).

Token Contract (ERC20, BEP20): 0x2dfF88A56767223A5529eA5960Da7A3F5f766406, available on Ethereum (id.spaceid.eth) and BNB Chain (id.bnb). The airdrop claiming will be on BNB Chain.

The claimable amount is calculated based on various factors, such as holding days, days to expiry, having a valid primary name (.bnb or .arb), Voyage: Prime NFT, Voyage: Legacy NFT, Voyage: Awakening NFT, and all Voyage Prime/Legacy/Awakening NFT. Additionally, the number of other OATs held (issued by SPACE ID on Galxe), holding a 3/4/5(+) character .bnb, holding a 3/4/5(+) character .arb, holding both .bnb and .arb, are taken into consideration.

To claim the retroactive Early Adopter Airdrop, eligible users can visit space.id/voyage and click on Voyage Season 1 to see their achievements and claimable amount. The claiming process will be live from March 22nd to April 22nd, 2023, on the BNB Chain. Any unclaimed tokens will be sent back to the airdrop pool for future rewards.

The platform has also allocated 200,000 ID tokens to Steven Lei, an outstanding developer and contributor, and 200,000 ID tokens to Space Auroras, Space Novas, and Cosmic Astras, who have been incredibly helpful in their Discord. Additional ID tokens will be distributed to over 100 integration partners who have contributed to the adoption of SPACE ID domains.

For users who missed the snapshot time for the retroactive Early Adopter Airdrop, all the .bnb/.arb registrations after the snapshot will be counted in Voyage Season 2 – Calling. The rest of the airdrop allocation is reserved for Voyage Season 2 and future campaigns. The platform is also excited to announce Voyage Season 2, and users can get started at space.id/voyage/season-2. Check out the detailed rules & tutorial in https://docs.space.id/getting-started/programs/space-id-voyage-season-2-calling

SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, and manage web3 domains. The platform also provides a Web3 Name SDK & API for developers across blockchains and offers a multi-chain name service for everyone to easily build and create a web3 identity. With the Early Adopter Airdrop, SPACE ID hopes to show its appreciation to its earliest supporters and continue to develop and grow its decentralized identity ecosystem.

As AZCoin News reported, Binance recently unveiled Space ID on Binance Launchpad. The token sale for Space ID will follow Binance Launchpad’s subscription format, with user BNB balances being recorded on March 17, 2023, at 00:00 (UTC). The sale will run for five days, from March 17, 2023, to March 22, 2023, during which Binance will record user BNB balances for each day over a five-day period. The final BNB holding amount for each user will be determined as the average of the five days, using the Daily Average BNB Balance calculation previously announced by Binance.

Create your Binance account here.

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