SPACE ID Launches Proposal on ID Purchase and Destruction

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.