SPACE ID

SPACE ID, a web3 domain and digital identity platform, has launched community validation on Magic Square. - Users can vote and participate in rewards program - 60% positive votes needed for Validated Badge status - Validation process requires Magic Store account **How to Participate:** 1. Create account on [Magic Store](https://magicsquare.io/store) 2. Vote on [SPACE ID page](https://magicsquare.io/store/app/space-id) 3. Enter raffle for rewards SPACE ID aims to make digital identity portable and verifiable across blockchains.

BNB Name Service continues to expand its cross-platform compatibility through new integrations and partnerships. - Domain names will become functional across an increasing number of platforms - New partnerships and campaigns launched to enhance user experience - Details available in [latest biweekly report](https://newest.bnb.me/biweekly-report-issue50/) *Stay tuned for updates as more platforms adopt BNB domain name compatibility.*

Visa is implementing AI to transform personal spending management, while SPACE ID develops complementary web3 infrastructure. Key developments: - Visa's AI system will help users make smarter financial decisions - SPACE ID introduces Payment ID and Web3 Domain integration via MetaMask Snap - Focus on creating secure, intelligent payment rails for web3 The integration aims to bridge traditional finance with web3 capabilities, offering enhanced user control and security. SPACE ID's infrastructure provides crucial identity verification and payment routing. Read more: [Visa AI Commerce Article](https://beincrypto.com/visa-ai-intelligent-commerce-benefits-concerns/)

**SPACE ID** has expanded its domain name integration to DappRadar, enabling users to search wallets using their .arb, .eth, or .bnb domain names instead of lengthy addresses. Key updates: - Domain names now appear on Quest leaderboards and winner lists - Direct domain search functionality in DappRadar's search bar - Simplified wallet identification and tracking - Integration complements upcoming portfolio page update This follows recent integration with KuCoin Web3 wallet, furthering SPACE ID's mission of creating a unified Web3 identity system. [Try it on DappRadar](https://dappradar.com/blog/dappradar-accounts-now-support-space-id-domain-names)

Recent analysis of pump.fun trading activity shows concerning trends in crypto trading behavior: - Over 60% of users are experiencing financial losses - More than 1,700 wallets have lost $100K+ - Main factors contributing to losses: * Excessive greed * Fear of missing out (FOMO) * Lack of proper identity verification * Limited authenticity measures This data emerges amid broader market volatility, following recent exchange security incidents and market turbulence. [Read full analysis](https://beincrypto.com/pump-fun-trading-data-majority-lose-money/)

Floki Hub has officially launched, offering users a decentralized Web3 profile system built on .floki domains. The platform, developed by RealFlokiInu in collaboration with SPACE ID, transforms traditional domain names into comprehensive Web3 identities. Key Features: - Decentralized profile management - Integration with .floki domains - Web3 presence consolidation The launch follows SPACE ID's recent expansion of domain services on MetaMask, which now supports multiple blockchain-specific domains including .eth, .bnb, .arb, and others. Visit [hub.floki.com](http://hub.floki.com) to create your Web3 profile.

As AI technology becomes increasingly prevalent, SPACE ID is addressing key concerns about creator rights and AI identity in Web3. - Focus on empowering creators through decentralized AI solutions rather than replacing them - Developing Web3 domains and decentralized identities for AI agents to ensure transparency - Building trust mechanisms for AI-human interactions in the decentralized space The initiative aims to create a more equitable ecosystem where creators maintain control while benefiting from AI capabilities. [Read more about Web3 domains in AI](https://blog.space.id/web3-domains-in-the-era-of-ai-a04f3730240b)

SPACE ID has launched Season 3 of their Grant Program to further expand their ecosystem. Season 2 was a great success. Check out the full recap of Season 2 and details of Season 3.

The bi-weekly report, Issue #21, has been released.

Solo and the speaker will be hosting Community Call #6 today at 12 PM UTC. They will discuss recent updates and future plans.