Binance has announced the completion of its subscription format Launchpad for Space ID, with the final token allocation results now showing on the Space ID Launchpad Page. The subscription period saw 103,598 participants commit 8,677,923.9471 BNB, representing an oversubscription of 1,170x. The corresponding BNB tokens will be deducted from participants’ already-locked BNB balance within 60 minutes of the announcement. Binance will list Space ID (ID) in the innovation zone and open trading for ID/BTC, ID/USDT, and ID/BNB trading pairs on March 22, 2023, at 12:00 (UTC).
The token purchase price was set at 1 ID = 0.00007412 BNB or 0.025 USD (using a BNB price of 337.3 USD), as per the previous announcement here. The Space ID (ID) smart contracts:
BEP-20: 0x2dfF88A56767223A5529eA5960Da7A3F5f766406
ERC-20: 0x2dfF88A56767223A5529eA5960Da7A3F5f766406
- Users that committed 50 BNB received an allocation of 578.4411 ID and will have 0.04287406 BNB deducted.
- Users that committed 500 BNB received an allocation of 5,784.4115 ID, and will have 0.42874058 BNB deducted.
- Users that committed 5,000 BNB received an allocation of 57,844.1149 ID and will have 4.28740580 BNB deducted.
About Binance
The Binance Exchange is a leading cryptocurrency exchange founded in 2017 in Hong Kong. It features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 360 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own coin, BNB.
About Space ID
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, and manage web3 domains. It also includes a Web3 Name SDK & API for developers across blockchains and provides a multi-chain name service for everyone to easily build and create a web3 identity.
