Crypto VC unlocks: 5 projects hold $30M+ in looming token supply
ZRO, ES, EIGEN, ID, and XION all show VC dominance above 26% — a supply-pressure pattern that has historically preceded token drawdowns when the broader market lacks a bid.
SPACE ID is a decentralized identity protocol operating across the BNB Chain and Ethereum ecosystems, focused on web3 domain name services. The project provides a unified platform where users can discover, register, trade, and manage blockchain-based domain names, functioning as a cross-chain naming layer for digital identities. At its core, SPACE ID offers a multi-chain name service that allows individuals and projects to establish human-readable web3 identities, replacing lengthy wallet addresses with recognizable names. The protocol includes a Web3 Name SDK and API, enabling developers to integrate domain and identity functionality directly into their decentralized applications across multiple blockchain networks. Positioned within the NFT and infrastructure categories, SPACE ID combines elements of digital collectibles and identity tooling. It launched through the Binance Launchpad and is backed by both DWF Labs and YZi Labs (formerly Binance Labs), reflecting institutional engagement with its mission of building interoperable naming infrastructure for the broader web3 ecosystem.
ZRO, ES, EIGEN, ID, and XION all show VC dominance above 26% — a supply-pressure pattern that has historically preceded token drawdowns when the broader market lacks a bid.
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage web3 domains.
SPACE ID (ID) is categorised as: NFT, BNB Chain Ecosystem, Ethereum Ecosystem.
The official SPACE ID site is https://space.id/.
Most recent SPACE ID coverage: "Crypto VC unlocks: 5 projects hold $30M+ in looming token supply" — read at /en-US/a/vc-unlocks-pile-up-across-zro-eigen-sahara-supply.