Spacecoin, a decentralized physical infrastructure network (DePIN), has launched its SPACE token, marking a key step in the company’s plan to create a decentralized satellite internet network, just days after partnering with Trump’s family-linked decentralized finance project World Liberty Finance.
The token is now live across centralized exchanges including Binance, Kraken and OKX, as well as decentralized platforms such as PancakeSwap and Uniswap.
The token’s price has fallen about 12.2% since launch, according to CoinMarketCap data, with a fully diluted value of $357 million at the time of publication.
The move follows Spacecoin’s recent partnership with World Liberty Financial that included a token swap and collaborative plans to connect WLFI’s $3.2 billion USD1 stablecoin to Spacecoin’s satellite infrastructure.
Together, the projects aim to offer decentralized internet access and financial services to people in regions where traditional infrastructure is lacking.
The SPACE token is intended to help fund and coordinate the infrastructure that powers its plans to give people with weak or no broadband coverage a way to get online without relying on telcos or governments.
Spacecoin’s first satellites, CTC-0 and CTC-1, have already demonstrated blockchain-based communications from space, the company said. The SPACE token adds a financial layer to this network, allowing users to trade, bet and participate in governance.
The company said it has also started an airdrop requirement for early adopters who met eligibility requirements during promotional campaigns.
