HomeAltcoin NewsSpacecoin Launches SPACE Token With 11% Community Airdrop Allocation

Spacecoin Launches SPACE Token With 11% Community Airdrop Allocation

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Spacecoin has officially launched its native SPACE token on major cryptocurrency exchanges, alongside the opening of applications for a large-scale community airdrop aimed at early supporters and active ecosystem participants.

The airdrop represents 11% of the total token supply, or approximately 2.31 billion SPACE tokens, and is designed to reward early involvement while managing post-launch liquidity through a structured, phased distribution model.

Airdrop Structure Focuses on Controlled Distribution

Rather than releasing all tokens at once, Spacecoin has split the airdrop into two distinct seasons, each targeting a different segment of the ecosystem. The first season is focused on early supporters, allocating 1.05 billion SPACE tokensto users who participated before the public launch. This includes Spacecoin Cadets, holders of Creditcoin (CTC), and select ecosystem NFT holders.

Only 25% of these tokens unlock at the Token Generation Event, with the remaining portion vesting evenly over the following three months. The intent is to reward early conviction without creating abrupt sell-side pressure.

The second season allocates 1.26 billion SPACE tokens and shifts the focus toward sustained ecosystem participation. Distribution begins one month after the TGE, with tokens released in equal monthly tranches over three months. Eligibility is tied to user engagement in designated Season 2 activities rather than early ownership alone, reinforcing the project’s emphasis on long-term network contribution.

Claim Process and Network Bridging

Eligible participants must claim their tokens through the official Penguinbase portal by connecting a compatible wallet, such as MetaMask, to verify eligibility. Claimed SPACE tokens are initially issued on the Creditcoin Chain.

To access centralized exchange liquidity, users can bridge their tokens via the Wormhole Portal to Ethereum or BNB Smart Chain standards. This enables trading on a wide range of platforms without locking users into a single blockchain environment.

Exchange Listings and Early Market Access

SPACE began trading on January 23, 2026, around 11:00–12:00 UTC, across several major exchanges. Listings include Binance via Binance Alpha, Kraken, OKX, and KuCoin, alongside regional platforms such as Coinone in South Korea and WEEX.

Trading pairs include SPACE/USDT and SPACE/USD1, the latter linked to the World Liberty Financial stablecoin, reflecting the project’s broader integration with on-chain financial infrastructure.

Spacecoin’s Broader Vision

Spacecoin is developing a decentralized satellite internet network aimed at delivering affordable connectivity, estimated at $1–$2 per month, to regions with limited or no access to traditional broadband infrastructure. The protocol operates under a capped supply of 21 billion SPACE tokens, which function as both the payment layer for network usage and a coordination mechanism for satellite operators within the system.

The project has also formed a strategic partnership with World Liberty Financial (WLFI) to support stablecoin-based settlement and cross-border payments, positioning SPACE as both a utility and infrastructure coordination token rather than a purely speculative asset.

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Mishal Ali
Mishal Ali
Mishal Ali is a passionate crypto journalist with over five years of experience in finance and cryptocurrency reporting. She has worked with renowned platforms like TronWeekly, delivering in-depth market insights and industry updates. She also runs personal blogs to explore these topics further. In her free time, Mishal loves watching movies and staying inspired through creative storytelling.
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