# Token Overview & Utility

**Basic Information**

<table><thead><tr><th width="186.98046875">Item</th><th>Detail</th></tr></thead><tbody><tr><td>Official Name</td><td>Spacecoin</td></tr><tr><td>Ticker</td><td>SPACE</td></tr><tr><td>Token Standard</td><td>ERC-20</td></tr><tr><td>Blockchain</td><td>Creditcoin</td></tr><tr><td>Contract Address</td><td><code>0x7ab7C6A935Ab2D1437398790C9C0660af62A80b9</code></td></tr><tr><td>Total Supply</td><td>21,000,000,000 SPACE (fixed)</td></tr><tr><td>Initial Circulating Supply at TGE</td><td>2,150,000,000 SPACE (10.25%)</td></tr><tr><td>TGE Date</td><td>January 23, 2026</td></tr><tr><td>Explorer</td><td><a href="https://creditcoin.blockscout.com/token/0x7ab7C6A935Ab2D1437398790C9C0660af62A80b9">https://creditcoin.blockscout.com/token/0x7ab7C6A935Ab2D1437398790C9C0660af62A80b9</a></td></tr></tbody></table>

$SPACE is the native utility token of the Spacecoin ecosystem, responsible for coordinating and settling payments across the satellite network. It has a fixed supply with no additional issuance.

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The $SPACE token has four core utilities.

**1. Tokenizing Network Infrastructure**

Tokenizes idle satellite capacity for satellite operators. LEO satellites maintain connection with any given location for only about 5–15 minutes per orbit (roughly 5% of total capacity). The remaining \~95% is idle. By joining the Spacecoin Network, satellite operators can monetize this idle capacity through $SPACE, turning regional connectivity into a global revenue stream.

**2. Staking**

To filter out malicious operators in the Open Constellation, node operators must stake $SPACE to register. This stake acts as a deposit that is slashed in cases of misbehavior. As more operators join, the buy-and-lock mechanism reduces circulating supply.

**3. Payment**

A blockchain-based escrow mechanism enables real-time settlement, cross-border transactions without currency conversion, and viable micropayments. Users lock $SPACE in a smart contract, operators submit cryptographic proof of service delivery, and the smart contract automatically verifies and releases payment.

**4. Governance**

Grants all holders a voice in important network decisions including protocol upgrades, policy updates, and dispute resolution. This utility will be activated once the network reaches full functionality.

**Self-Reinforcing Economy**

Network expansion → increased operator staking (supply decrease) + increased user payments (demand increase) → a virtuous cycle of growing $SPACE value.


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