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Spacecoin launches SPACE token just days after partnering with Trump family-linked DeFi project

CoinDesk
Spacecoin launched its SPACE token following a partnership with World Liberty Finance to build a decentralized satellite internet network.

Summary

Spacecoin, a decentralized physical infrastructure network (DePIN), has launched its SPACE token, which is now available on major centralized and decentralized exchanges. This launch follows a recent partnership with World Liberty Finance, a DeFi project linked to the Trump family, which involved a token swap and plans to integrate WLFI's $3.2 billion USD1 stablecoin with Spacecoin's satellite infrastructure. The combined goal is to provide decentralized internet access and financial services to underserved regions. The SPACE token is designed to fund and coordinate the infrastructure for Spacecoin's decentralized satellite internet network, which has already demonstrated blockchain-based communication from space with its CTC-0 and CTC-1 satellites. The token also enables users to trade, stake, and participate in governance, and an airdrop claim for early supporters has commenced.

(Source:CoinDesk)