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SPACE ID Launches Proposal on ID Purchase and Destruction

SPACE ID Launches Proposal on ID Purchase and Destruction

2023/06/20 03:15

SPACE ID, the Web3 domain name and identity platform, has launched a vote on a proposal to "propose the purchase and destruction of ID Tokens", proposing that 50% of the total revenue generated by the SPACE ID platform between March 23 and June 23 be used to purchase and destroy IDs, with the remaining 50% of the platform's revenue allocated to the DAO vault, to be managed by all eligible ID holders. The proposal currently has 99.76% support and voting will end on June 26.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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