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Spacecoin Lists on BitMart, Unveils SPACE Token Airdrop Plan
Spacecoin has announced the token plan for its native asset, SPACE, with a primary exchange listing on BitMart. Trading starts on Jan. 23 at 13:00 UTC, and deposits are already open.
- The token generation event will release 2.15 billion SPACE into circulation, representing 10.25% of the total 21 billion supply.
- Early liquidity comes from exchange support allocations and partial airdrop unlocks.
SPACE Airdrop Structure
- Airdrops make up 11% of total supply, split across two seasons.
- Season 1 allocates 1.05 billion SPACE to early adopters, with 25% unlocking at TGE and the rest over three months.
- Season 2 allocates 1.26 billion SPACE, unlocking one month after TGE, distributed over three months.
- Growth and network rewards account for 46% of supply, including satellite node and VPN usage rewards.
- Foundation and operations control 30% of supply, mostly locked for 12-36 months for satellite insurance and bandwidth costs.
Roadmap and Use Case
- Spacecoin aims to provide decentralized satellite internet, offering low-cost access in underserved regions.
- The project launched four satellites and completed a blockchain data transfer from Earth to orbit.
- Secured a US patent for satellite data tracking in 2025.
- Plans to announce government and telecom deals in Kenya, Nigeria, Indonesia, and Cambodia in 2026.
- Intends to expand SPACE listings on major exchanges and introduce SPACE staking.
The tokenomics announcement follows Spacecoin's partnership with WLFI on Jan. 22, involving a token swap and potential future network payments using WLFI's USD1 stablecoin.