KEY TAKEAWAYS
- SPACE ID launches Grant Program Season 7, introducing major updates to its SDK and API to enhance web3 identity capabilities.
- The new Payment ID feature simplifies crypto transactions by providing a memorable ID for exchange deposits and transfers.
- SPACE ID’s Grant Program focuses on projects integrating Payment ID, encouraging developers to advance on-chain identity solutions.
SPACE ID has officially opened its Grant Program Season 7, introducing significant updates to its SDK and API. These enhancements aim to broaden the capabilities available to developers and end-users within the web3 identity space. The announcement was made here.
The latest updates to the SPACE ID SDK include expanded support for a wider range of domain extensions. This allows applications to resolve, display, and interact with more domain types across multiple ecosystems through a single integration. This development aligns with SPACE ID’s vision of supporting a multi-chain, multi-domain future for web3.
Introducing Payment ID for Seamless Crypto Transactions
A notable addition is the launch of Payment ID, a new identity layer designed to simplify exchange deposits and cross-platform fund transfers. Payment ID provides users with a simple, memorable ID for all exchange interactions, eliminating the need to copy long strings of characters. Registration for this feature is free, and SPACE ID envisions it becoming a standard for crypto payments.
To support these new features, SPACE ID has developed its own RPC infrastructure, enhancing the speed and stability of the SDK and API. This infrastructure ensures efficient querying of domain records and resolution of Payment IDs.
Focus on Payment ID Integration in Grant Program Season 7
Grant Program Season 7 places a strong emphasis on projects that integrate Payment ID. SPACE ID is seeking to fund initiatives that make it easier for users to send, receive, and manage cryptocurrency using simple IDs. Developers are encouraged to apply for funding and support, with the opportunity to join a community of builders focused on advancing on-chain identity solutions.
Interested developers can explore the SPACE ID SDK documentation and Payment ID integration guide to prepare their applications before the deadline. This initiative marks a movement towards more secure and user-friendly web3 identities.
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