SPACE ID

In July 2022, BNB Chain introduced SPACE ID as a service intended to replace long wallet strings with .bnb names. The early pitch combined registration, resolution and a tradable name asset. It addressed a visible interface problem before attempting the larger promise of a portable identity.

The .bnb service launched in September. Binance Research later reported 440,000 registrations and 250,000 unique holders during its first six months; those are dated project-supplied figures, not a live adoption count. What mattered strategically was that the registrar had become a working distribution channel.

In February 2023, SPACE ID incorporated .arb Name Service and rebranded it as the platform’s .arb offering. The move shifted the product from one BNB Chain namespace toward an aggregator where users could discover, register, trade and manage names from several systems.

A name remains an asset inside its own registry. The platform can present many namespaces together and its SDK can resolve them, but a .bnb NFT does not become an ID balance and an ID holder does not automatically own a name. This separation is the foundation for reading everything that followed.

The published plan created a two-billion-ID allocation: 5% Launchpad, 7% advisers, 8% strategic sale, 20% seed, 15% core team, 10% ecosystem, 13% marketing, 12% foundation and 10% community airdrop. Investor and team categories carried one-year cliffs, while ecosystem, marketing, foundation and airdrop pools followed different unlock schedules.

Season 1 connected the token launch to early users. Snapshots were taken on March 10, and claims ran from March 22 to April 22, 2023. Roughly 47.6 million ID was offered to about 271,000 eligible .bnb and .arb holder addresses. Eligibility rewarded prior naming activity; it did not convert those names into token-backed legal claims.

SPACE ID’s DAO rules route proposals through a forum and Snapshot. A vote needs at least 50% support and an aggregate participation quorum of five million ID; that figure is not a minimum balance for one proposer. The document then assigns implementation to the core team and treasury authorization to elected multisig signers. The vote therefore signals a decision without automatically calling the token or treasury contracts.

The revenue policy says half of platform net revenue should buy and burn ID and half should go to the treasury. A participant in the IDP3 forum thread reported one completed purchase and burn: $1,031,115.40 spent for 3,107,377.8 ID. That transaction supports the first reported execution, not a standing redemption right or proof that every future period was executed.

ID was deployed at 0x2dfF88A56767223A5529eA5960Da7A3F5f766406 on both Ethereum and BNB Chain. The verified Ethereum code supplies burn, permit, pause, mint and role-management functions. It contains no coded two-billion cap. On September 5, 2026, each deployment had one default administrator, no minter, no pauser and paused=false.

Empty operational roles reduce immediate mint and pause authority, but they do not erase it: a default administrator can grant the roles again. The Ethereum administrator was 0x062a7c8975d6d8a4ad14e05e87affb9ecb9ddca6 and the BNB Chain administrator was 0x9c28a2483901018216282216bc47cb699ca2d57f. DAO documents reviewed here do not show Snapshot votes automatically controlling either account.

The current product adds Payment ID, which maps a readable form such as user@provider to addresses on different systems. Its documents describe a registry, resolver, controller and email-based authentication. That can reduce payment-address friction, but the credential is a separate NFT-style record; buying fungible ID does not register one.

SPACE ID’s public materials name Tia as CEO and Arton as head of community in a 2023 governance nomination, but they do not consistently identify the founders. The same evidence boundary applies to holders: ID can support the published vote and benefit programs, but it is not equity, ownership of SPACE ID, a treasury share, a specific domain or a guarantee of platform revenue.