What is ID: The Key to Digital Identity and Access Management

Space ID's Positioning and Significance

In 2023, the Space ID team launched Space ID (ID), aiming to solve the challenges of Web3 identity management and domain name services.

As a universal name service network, Space ID plays a crucial role in the Web3 ecosystem, particularly in the domains of decentralized identity and domain name management.

As of 2025, Space ID has become a significant player in the Web3 infrastructure sector, boasting 4,525 holders and an active developer community. This report will delve into its technical architecture, market performance, and future potential.

Origins and Development History

Birth Background

Space ID was created by the Space ID team in 2023, intending to address the fragmentation and complexity of Web3 identity and domain name services.

It emerged during the rapid expansion of Web3 technologies, aiming to provide a one-stop identity platform for discovering, registering, trading, and managing Web3 domain names.

Space ID's launch brought new possibilities for both developers and users in the Web3 space.

Key Milestones

• 2023: Platform launch, introducing a multi-chain name service and Web3 name SDK and API.
• 2024: Major adoption surge, pushing the price to its all-time high of $1.8404 on March 17, 2024.
• 2025: Ecosystem expansion, with various incentive mechanisms and decentralized identity solutions being implemented.

With support from its community and development team, Space ID continues to enhance its technology, security, and real-world applications.

How Does Space ID Work?

Decentralized Control

Space ID operates on a decentralized network of computers (nodes) worldwide, free from control by any single entity.

These nodes collaborate to validate transactions, ensuring system transparency and attack resistance, granting users greater autonomy and enhancing network resilience.

Blockchain Core

Space ID's blockchain is a public, immutable digital ledger that records every transaction.

Transactions are grouped into blocks and linked through cryptographic hashes, forming a secure chain.

Anyone can view the records, establishing trust without intermediaries.

Space ID's multi-chain approach further enhances performance and interoperability across different blockchain networks.

Ensuring Fairness

Space ID likely employs a consensus mechanism to validate transactions and prevent fraudulent activities like double-spending.

Participants maintain network security through activities such as staking or running nodes, receiving ID tokens as rewards.

Its innovations include a unified approach to Web3 name services across multiple blockchains.

Secure Transactions

Space ID uses public-private key encryption to protect transactions:

• Private keys (like secret passwords) are used to sign transactions
• Public keys (like account numbers) are used to verify ownership

This mechanism ensures fund security, with transactions maintaining a level of pseudonymity.

Additional security features include the integration of decentralized identity solutions and a streamlined SDK for developers.

Market Performance of Space ID (ID)

Circulation Overview

As of November 18, 2025, Space ID's circulating supply is 430,506,132 tokens, with a total supply of 1,996,617,244 tokens.

Price Fluctuations

Space ID reached its all-time high of $1.8404 on March 17, 2024. Its lowest price was $0.0554, occurring on October 10, 2025. These fluctuations reflect market sentiment, adoption trends, and external factors.

Click to view the current ID market price

On-Chain Metrics

• Daily Transaction Volume: $17,723.65617 (indicates network activity)
• Active Addresses: 4,525 (reflects user engagement)

Space ID Ecosystem Applications and Partnerships

Core Use Cases

Space ID's ecosystem supports various applications:

• Web3 Identity: Providing a one-stop platform for discovering, registering, trading, and managing Web3 domain names.
• Multi-chain Name Service: Offering top-level domains and integrating other domain providers with multi-chain functionality.

Strategic Collaborations

Space ID has established partnerships to enhance its technical capabilities and market influence. These partnerships provide a solid foundation for Space ID's ecosystem expansion.

Controversies and Challenges

Space ID faces the following challenges:

• Technical Hurdles: Ensuring seamless integration across multiple blockchains.
• Regulatory Risks: Potential regulatory scrutiny in the evolving Web3 domain space.
• Competitive Pressure: Competition from other Web3 identity and domain name providers.

These issues have sparked discussions within the community and market, driving continuous innovation for Space ID.

Space ID Community and Social Media Atmosphere

Fan Enthusiasm

Space ID's community shows vitality, with metrics such as the number of domain name registrations and SDK integrations reflecting its growth. On X, posts and hashtags related to Space ID gain traction, particularly when new features are released or partnerships announced.

Social Media Sentiment

Sentiment on X presents a mix of opinions:

• Supporters praise Space ID's multi-chain functionality and user-friendly approach to Web3 identity.
• Critics may focus on adoption challenges or competition in the Web3 domain space.

Recent trends show increasing interest in Web3 identity solutions, potentially benefiting Space ID.

Hot Topics

X users discuss Space ID's role in simplifying Web3 interactions, its potential for widespread adoption, and its impact on digital identity management.

More Information Sources for Space ID

• Official Website: Visit Space ID's official website for features, use cases, and latest updates.
• Whitepaper: Space ID's documentation details its technical architecture, goals, and vision.
• X Updates: On X, Space ID uses @SpaceIDProtocol, sharing posts about technical upgrades, community events, and partnership news.

Space ID Future Roadmap

• Ecosystem Goals: Support integration with more blockchain networks and expand the range of top-level domains.
• Long-term Vision: Become the standard for Web3 identity and domain name services across multiple blockchains.

How to Participate in Space ID?

1. Purchase Channels: Buy ID tokens on Gate.com
2. Storage Solutions: Use Web3 wallets compatible with Space ID for secure storage
3. Participate in Governance: Join the Space ID DAO to participate in community decisions
4. Build the Ecosystem: Visit the developer documentation to integrate Space ID's SDK or contribute to the ecosystem

Summary

Space ID is redefining Web3 identity and domain management through blockchain technology, offering transparency, security, and efficient multi-chain solutions. Its active community, rich resources, and strong market performance make it stand out in the cryptocurrency field. Despite facing challenges such as regulatory uncertainties or technical bottlenecks, Space ID's innovative spirit and clear roadmap position it as an important player in the future of decentralized technologies. Whether you're a newcomer or an experienced player, Space ID is worth watching and participating in.

FAQ

What is the id in a person?

The id is the unconscious part of the mind that contains instinctual desires and operates on the pleasure principle, driving basic needs and impulses.

What does id mean?

ID stands for identification. In crypto, it often refers to a unique identifier for a digital asset or transaction on the blockchain.

What is the id vs ego vs Superego?

Id: unconscious instincts. Ego: rational mediator. Superego: moral standards. These form the psyche's structure.

What is the full name of id?

ID stands for 'Intellectual Disability', a term describing significant limitations in cognitive functioning and adaptive behavior.