Space ID

CoinMarketCap describes the launch as a heavily oversubscribed auction on the Binance Launchpad in March 2023, and another source calls it an initial exchange offering. Total supply is 2 billion ID, with an initial circulating supply of 14.3%.

The seed sale allocation is listed at 20%, with a 12-month cliff followed by 60 months of quarterly vesting. ID is used for staking, payments for domains and SDK integration, and governance voting. The 2023 roadmap included an NFT-gated merchandise store and a custom top-level domain launchpad in the second quarter, a universal SID domain in the third and a DAO launch in the fourth.

I did not find evidence of an airdrop or Launchpool for ID in these results, so those are not claimed here. A Launchpad is a sale in which users commit funds, which is different from receiving tokens for free.

The long vesting schedule for the seed allocation, 60 months after a cliff, is a positive sign for long-term alignment, but it also means insider tokens will be reaching the market for years.

It is useful to compare this with true airdrops. In a sale, buyers pay and receive tokens, so the question is price and unlock timing; in an airdrop, recipients pay nothing and the question is whether the token holds value. Mixing the two causes confusion, and many guides do just that. Check the type of event before you decide how much attention it deserves.

Domain projects also depend on renewals and registrations for revenue, so usage numbers are a better guide than headline token statistics.