Decentralized identity agreement SPACE ID clarifies recent surge in domain name registrations

On March 20th, the official community of the decentralized identity agreement SPACE ID issued a clarification regarding the surge in the number of domain name registrations in the days before March 14th, stating that the surge in the number of domain name registrations in the days before March 14th was not the result of the SPACE ID team. Based on detailed analysis and due diligence, SPACE ID changed the snapshot time of this round of air drop from March 14 to 2PM (UTC) on March 10. And will add 5.6 million ID Token airdrops, and this part is only based on the weight allocation of the length of time the domain name is held. Due to changes in snapshot time and the number of new air drops, eligible users will receive a total of approximately 7.6 million ID Tokens, which means that the number of air drops per person will increase.

SPACE ID Announces Airdrop Snapshot Time Changed to March 10th

If you’ve been following the developments in the decentralized identity agreement SPACE ID, you may have noticed a surge in the number of domain name registrations in the days leading up to March 14th. On March 20th, the official community of SPACE ID issued a clarification regarding this phenomenon, stating that it was not the result of the SPACE ID team. In this article, we’ll delve deeper into the details of what happened and what it means for the SPACE ID community.

What is SPACE ID?

Before we dive into the specifics of the recent surge in domain name registrations, let’s first take a closer look at what SPACE ID is and what it offers.
SPACE ID is a decentralized identity agreement built on the EOS blockchain. It aims to provide users with a secure and privacy-focused way to manage their digital identities, allowing them to control how their personal information is used online. The project is still in its early stages, but its team has already made significant progress in developing its core features.

The surge in domain name registrations

On March 20th, SPACE ID issued a clarification regarding the recent surge in the number of domain name registrations, which had caused some confusion and speculation within the community. The team explained that they had conducted detailed analysis and due diligence to investigate the matter and had concluded that the surge was not the result of any action taken by the SPACE ID team.

Changes to the air drop

As a result of the investigation into the surge in domain name registrations, SPACE ID decided to change the snapshot time of the current round of airdrops from March 14th to 2PM (UTC) on March 10th. Additionally, the team announced that they would be adding 5.6 million ID Token airdrops, which would be based on the weight allocation of the length of time the domain name is held.

Increased air drops for eligible users

Thanks to the changes in snapshot time and the addition of the new air drops, eligible users will now receive a total of approximately 7.6 million ID Tokens, which means that the number of air drops per person will increase. This is good news for SPACE ID holders, as it means that their investment in the project will be rewarded even more generously than originally anticipated.

Conclusion

The recent surge in domain name registrations in the SPACE ID community caused some confusion and speculation, but the team’s clarification sheds light on the matter and provides reassurance that no foul play was involved. Furthermore, the changes to the air drop system and the increased rewards for eligible users are a positive development that underscores SPACE ID’s commitment to rewarding its community.

FAQs

1. What is SPACE ID’s mission?
SPACE ID aims to provide users with a secure and privacy-focused way to manage their digital identities, allowing them to control how their personal information is used online.
2. How does the recent surge in domain name registrations affect the value of ID Tokens?
The recent surge in domain name registrations does not directly affect the value of ID Tokens, but the increased air drops for eligible users could potentially have a positive impact on the project’s overall value.
3. When will the next round of air drops take place?
At this time, there is no information available about when the next round of air drops will take place. However, SPACE ID’s team has stated that they are committed to rewarding their community and will continue to explore ways to do so in the future.