ENS has been online for five years, and the successful experience of ENS has inspired major public chains to launch their own domain name services. It also includes the domain name service built on the BNB Chain that has become popular recently——SPACE ID. It completed a seed round of financing led by Binance Labs on September 2, and gained a wave of attention in the bear market due to an average return of about 11 times.
In the following, Odaily Sunday Daily will introduce the basic situation and participation methods of SPACE ID, and analyze which type of domain name is more worth starting based on the data display.
SPACE ID is a decentralized domain name service protocol dedicated to building a universal name service network that seamlessly connects people, information, assets and applications across blockchains. And it allows users to bind their identities in multiple chains, and the community can build its own domain name service through the SPACE ID network. So far, more than 40 applications have announced support for integrating the SPACE ID protocol.
On September 7, the official announcement stated that the phased registration of SPACE IDs .bnb domain name was postponed until after the 12th, and the minimum registration period was extended from one month to one year.
Previously, it was planned to start a five-day phased registration on September 7th, open domain name registration on September 13th, Beijing time, and plan to distribute 1019 BNB bidding income to domain name registrants on September 14th. On its Chinese Discord channel, some users pointed out that individual developers began to automatically preempt domain names through scripts.
way of participation
way of participation
Users have two ways to obtain a SPACE ID, one is to wait for the staged registration after September 12, and the other is to wait for the public sale on the 13th or go directly to the trading platform (such asGaller.io、Tofunft、Binance、Element)Buy.
query toolquery toolDune data
data analysis
according toDune dataIt shows that the current average registration cost of SPACE ID is only 0.0418 BNB, and the average transaction price has reached 0.5 BNB, which indicates a large profit space.
Regarding user data, the total registered domain names of SPACE ID reached 23,857, the number of holders reached 8,998, the number of sellers was 3,091, and the number of buyers was 10,898. The number of buyers was greater than the number of holders, indicating that some users who did not register domain names obtained them through the trading market. With SPACE ID, more buyers than sellers may to some extent reflect the current market situation where supply is in short supply.
text
In terms of domain name registration data, we found thatSPACE ID domain name registrations show a clear trend of shorter field lengths.
According to the figure below, since August 24, the length of registered domain names has gradually shortened, from 6.31 digits on August 24 to 4 digits on September 6.
But between August 24 and August 26, 5-digit domains still dominated. It is worth noting that since August 27th, the proportion of domain names of other lengths has increased significantly, and between August 27th and September 1st, the trend of registration of 3-digit domain names has remained stable. During the period from August 27th to September 4th, the proportion of 4-digit domain names and 6-digit domain names gradually increased, especially on August 30th, September 2nd and September 3rd. Big trading day.
According to the figure below, it can be found that among all domain names, 5-digit domain names are the most, reaching 9578, accounting for 41.1%. Followed by 6-digit domain names, with a cumulative registration of 4090, and 4-digit domain names, with a cumulative registration of 2853.
According to the figure below, we also found that purely numeric domain names accounted for 42.6% of all domain names.
Combined with the data of purely numeric domain names below, it can be found that among purely numeric domain names, 5-digit domain names are the most, reaching 4799, accounting for 48.3%.
Therefore, we can make the following conclusions:5-digit pure-numeric domain names currently dominate, with a very large number of users registering 5-digit pure-numeric domain names. Perhaps in the future, with more users pouring into SPACE ID, 5-digit purely numeric domain names will be in short supply.
