What is Spacecoin (SPACE)?

In the crypto world, we hear about “revolutionary” projects every day, but Spacecoin is one of the rare cases that truly earns the term in a physical sense. It is more than just a token; it’s an infrastructure project emerging from the Creditcoin ecosystem, aiming to create a decentralized satellite-based internet.

Spacecoin targets global internet inequality by building a decentralized network of small satellites in low-Earth orbit. These satellites transmit data without relying on traditional internet infrastructure like cell towers or fiber-optic cables. The goal is to provide affordable, censorship-resistant connectivity to billions worldwide.

The project specifically aims to connect the 2.6 billion people who have never had internet access and provide an alternative connection for 3.5 billion others living with limited access.

Table of Contents

Founders and Key Team

Founder – Tae Oh: Also founder of Gluwa (financial services for emerging markets) and Creditcoin (popular RWA project).
CTO – Scott Hasbrouck: Manages technical infrastructure and specializes in satellite integration.

Investors and Strategic Partnerships

Spacecoin has raised a total of $6.25 million:

$3M: Seed & strategic round (Dec 2025)
$3.25M: ICO (Jan 2026)

While investor names are not widely disclosed, Spacecoin is a notable player in the DePIN sector.

Key partnerships:

SpaceX: Launched first satellite CTC-0 (Dec 2024) and CTC-1 mission (3 satellites, 2025).
Creditcoin: Provides blockchain infrastructure, smart contracts, and payment layer.
Blockchain.com: Strategic partner for SPACE token launch.
Local & Government Partnerships: Kenya IoT license, Nigeria rural connectivity, Indonesia island networks, Cambodia MekongNet ISP collaboration.
KuCoin & Binance: Airdrops for CTC holders; SPACE TGE on Jan 23, 2026 via Binance Alpha.

Vision

Spacecoin’s core idea is to move beyond ground-dependent internet infrastructure. By offering a network that doesn’t rely on cables or fiber, it provides connectivity to regions with limited or no internet due to political, geographic, or economic constraints.

This approach differentiates Spacecoin from typical Web3 projects—it’s not just a financial protocol but a global infrastructure layer.

How the Network Works

Built on a constellation of low-Earth orbit satellites.
Satellites transmit data to Earth using blockchain-verified protocols.
Open system: third-party operators can join, sharing infrastructure costs (DePIN model).

Governance

Long-term plan: token-based governance.
Decisions to be made collaboratively by token holders rather than a central team.
Currently more centralized; gradual transition to community-led governance planned.

Roadmap & Development

2025: Constellation Expansion & Pilot Regions

Nov 2025: Launched 3 satellites (CTC-1) to expand coverage.
Strategic partnerships: 5G pilot tests in Kenya, Nigeria, Indonesia, Cambodia.
Dec 2025: Blockchain.com partnership announced for token launch.

2026: Commercial Launch & Token Economy

Q1 2026: Official SPACE token launch & exchange listings.
Pilot users access internet using SPACE token.
Protocols deployed to allow third-party satellite integration.

SPACE Token Utility

Pay for network services
Staking and network security
Participate in governance
Ecosystem incentives

Tokenomics & Supply

Total Supply: 21B SPACE
Max Supply: 21B SPACE
Circulating Supply (self-reported): 2.94B SPACE

Distribution:

Ecosystem Incentives: 40% (long-term satellite/node rewards)
Investors & Team: 25% (6–12 months lock, linear vesting 3 years)
Foundation / R&D Reserve: 20% (new satellites & tech development)
Community Airdrop & Sale: 15% (early supporters & exchange pre-sales)

Expanded breakdown (summary):

Ecosystem: 20%
Foundation: 15%
Investors: 10%
Satellite Node Rewards: 10%
Partner Support (CEXs & MMs): 9%
Airdrop (S1+S2): 11%
Advisors, Partners & Contributors: 5%
Dev: 5%
Marketing: 5%
Operation: 5%
VPN Rewards: 5%

Ecosystem & Expansion

Satellite operators, blockchain developers, financial infrastructure providers.
Beyond internet: credit profiles and “Buy Now, Pay Later” financial tools for underserved regions.
Future-proofed for Web3 applications via satellites.

Strengths & Risks

Strengths:

Real-world infrastructure focus
Satellite + blockchain integration
Global connectivity goals

Risks:

Regulatory approvals
High satellite scaling costs
Token economy uncertainty

Spacecoin is a long-term infrastructure project, not a short-term trend. Its success depends on technical scalability, regulatory compliance, and real user adoption.

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