From Beta to Better: the Full Release of SPACE ID 2.0 & Voyage Season 2 — Striking
The world of Web3 is growing rapidly, and with it comes the need for a reliable and efficient integrated platform to manage one’s digital identities in one place. That’s where SPACE ID 2.0 comes in to fulfill its mission, as it offers a level of convenience and ease of use that is unmatched by other platforms. We mentioned before that all the SPACE ID 2.0 upgrades would be gradually rolled out in multiple phases. Today, we are excited to announce the arrival of the SPACE ID 2.0 official release. The beta version is now a thing of the past, and let’s give its enhanced form a warm welcome.
This official launch brings a host of new improvements and community-favorite features, making the platform an even more powerful engine to push things forward. In this post, we’ll take a closer look at some of the exciting new features that SPACE ID 2.0 has to offer.
What’s new
The official launch of the SPACE ID 2.0 update consists of 4 major features: Collection Offer, SPACE ID Gift Card, Referral Program, and SPACE ID Voyage Program.
Collection Offer
One of the significant additions to SPACE ID 2.0 is the Collection Offer feature. With Collection Offer, it is easier for collectors and investors to acquire from a complete set of a particular collection, allowing for more efficient trading of these assets.
SPACE ID Gift Card
Our community favorite is on SPACE ID 2.0! SPACE ID Gift Card is now supported on both BNB Chain and Arbitrum. The redeemed credits can be used to offset fees during registration and extension of .bnb or .arb names. More importantly, our Gift Card feature will continue to serve as a versatile means of conveying a great deal of warm concern to others, and it will be on an even bigger stage.
Referral Program
The deployment of the Referral Program has been finalized on SPACE ID 2.0! SPACE ID Referral program has always been an essential part of our ecosystem; and when your friends or your community register for any supported TLD (currently .bnb and .arb names) using your referral link, you can receive up to 15% of the invitees’ registration fees.
Learn more: https://docs.space.id/getting-started/programs/space-id-referral-program
SPACE ID Voyage Season 2 — Striking
Yes, our latest hot new program which is known by many! While Voyage Season 2 — Calling is currently in full swing, let us also set sail on our next chapter, Voyage Season 2 — Striking. Starting from April 4th, 7:30 AM UTC, for the Collection Offers that you have placed on the selected collections below, you will earn Striking Points as rewards.
Top 5 collections from .bnb / .arb / .eth:
- .bnb 999 Club / .bnb 10k Club / .bnb 100k Club / .bnb 3 Letters / .bnb English Verbs
- .arb 999 Club / .arb 10k Club / .arb 100k Club / .arb English Nouns / .arb 4 Letter Dictionary
- .eth 999 Club / .eth 10k Club / .eth 100k Club / .eth Arabic 999 Club / .eth 3 Letters
Note: These collections are selected based on their historical total trading volume — the top 5 in each TLD.
A series of factors will influence the points you earn, including:
- Your Collection Offer Price (i.e. your bid price) vs. the Floor Price of that collection
- The overall distribution of the Collection Offer pool, and your Offer’s relative standing — higher points if yours stands out from competing Offers
- The total value of your Collection Offers (Offer price * Offer quantity) — higher total value (the sum of your Offers) will lead to more points, while please note that the relationship is not linear, given your Offers will impact the distribution of the overall Collection Offer pool
- Duration of your Collection Offer — longer effective duration leads to more points, and once your Offer is accepted and closed, you will no longer earn points from that closed Offer
- Different collections have different weights, which are dynamically updated taking into account each collection’s normalized floor price and 24-hour trading volume on SPACE ID 2.0. A higher floor price and trading volume will lead to higher weight
- Boost factors: 1) holding a 3-character / 4-character name (.bnb / .arb), 2) coming up to the top on the leaderboard
In short, the more likely that your Collection Offer will be accepted, the more points you will get, as the system is designed to reward users who help provide real liquidity to the top collections. Your Striking Points will be recorded starting on April 4th, 7:30 AM UTC. While the points will only be shown as “???” first, at a later time, your points earned will be revealed to you and updated in a dynamic fashion.
Lastly, please note that we have adjusted the SPACE ID 2.0 marketplace fee to 1.5%.
About SPACE ID
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, 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.
