The burgeoning success of the Ethereum Name Service (ENS) has ignited interest in domain ventures within the cryptocurrency investment landscape. Space ID, a promising project built on BNB Chain technology, has launched on Binance Launchpad, capitalizing on this trend. To further propel its growth, Space ID has introduced an affiliate program designed to reshape decentralized finance (DeFi) through optimized Web3 infrastructure. This review delves into the Space ID affiliate program, exploring its features, benefits, and how you can participate.
Space ID is revolutionizing Web3 domain management and commerce through its development of platforms on BNB Chain, Arbitrum, and Ethereum. These platforms offer users memorable usernames in the format username.bnb, username.arb, and username.eth, facilitating seamless interactions between users, data, and decentralized applications (dApps) across different blockchains.
Space ID provides a comprehensive Web3 domain management and commerce platform, encompassing the Web3 Name SDK and API for developers. This multi-chain domain name service empowers users to easily establish and manage their Web3 identities. The ecosystem boasts over 100 integrations with established products like BSCScan and Trust Wallet. Its open-source, permissionless multi-chain architecture offers users greater control over their digital assets, providing simple, memorable, and unique usernames across multiple platforms. Space ID combines essential usability with advanced features like multi-chain support and a robust identity platform, making it an attractive choice for anyone seeking a Web3 presence.
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The Space ID platform has quickly become a popular choice for registering and managing Web3 domain names. Since launching on BNB Chain in September 2022, including the .bnb domain, the platform has attracted over 580,000 registrants and 390,000 domain owners.
Space ID supports three domain extensions: .arb, .bnb, and .eth. In February 2023, Space ID partnered with Arbitrum, integrating the .arb domain. Within weeks, the .arb domain saw over 197,000 registrations and 168,000 domain owners. The popular .eth domain boasts approximately 2.5 million registrations and 626,000 owners.
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The Space ID platform provides a suite of features categorized as Discover, Register, Trade, and Manage. Users can search for specific domains, explore popular collections, and utilize convenient features like auto-suggestion and quick domain status checks. All Web3 domains can be registered on the Space ID Mainnet. An integrated marketplace facilitates trading of Web3 domains, with liquidity provided by platforms like OpenSea. Space ID also streamlines domain renewal and ownership management.
Beyond its core features, Space ID offers community programs like the Referral Program, allowing users to earn up to 15% of registration fees. The Gift Card program enables easy purchases and gifting of Space ID services. The Comic Council fosters community engagement, providing a platform for sharing stories and insights related to Web3 technologies.
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The Space ID referral program empowers community members to earn passive income by sharing their referral link. Users can earn up to 15% of registration fees. Setting a primary name is required to generate referral links and receive commissions. The number of invitations is permanently recorded on-chain, ensuring commission payments even if domain ownership changes or expires. The commission rate scales with the number of invitees, incentivizing referrals. Exclusive rates are available for projects, communities, and integration partners.
The Space ID referral program offers a competitive commission rate and permanent record of invitations. However, it requires a primary name, has some payment limitations (gift card usage), and commission rates are tied to referral volume. Despite these limitations, it provides a valuable opportunity for community members to generate passive income.
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The Space ID Referral Program offers a structured system for earning up to 15% of .bnb domain registration fees. Inviters receive a commission based on the number of registrations through their referral link, with higher registration volumes leading to increased commission rates. The commission rate is displayed next to “Inviter’s earnings”. To participate, users register a .bnb domain, obtain their referral link, and share it with their network. Commission payments are based on the number of invitees who register using the link.
Commissions can be withdrawn to the user’s wallet at any time. Withdrawal history is accessible through the “withdrawal history” icon next to the “withdraw” button. This provides convenient management and tracking of earnings.
To participate in the referral program, users must set their primary name. Commissions are paid to the record address of the inviter’s .bnb domain. The number of invitations is permanently recorded on-chain, regardless of ownership changes.
To obtain a referral link, connect your wallet to space.id, click your profile picture, and select “Referral”. A primary name must be set beforehand. This can be done through the “My Domains” section under “Primary Names”. Once the primary name is set, a referral link can be generated and shared directly, via Twitter, or as a QR code. Commissions are earned for each signup through the referral link.
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The referral profile displays referral stats, including level and commission rate, which increases with the number of referrals. The referral link can be shared via copying, QR code, or Twitter. The commission balance, showing the total unwidrawn commission, is displayed at the bottom of the profile page. This system simplifies earning through referrals.
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The Space ID referral program is a valuable opportunity to monetize your network and earn up to 15% of registration fees. Despite requiring a primary name and having some payment limitations, the program offers security, reliability, and exclusive opportunities, making it a worthwhile avenue for generating passive income.
