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SpaceM is a Web3 project launched on the Avalanche blockchain in 2024. Its goal is to create a user-friendly ecosystem by combining gaming, social media, and crypto education. Registered in the Marshall Islands as SpaceLabs Ltd., the project aims to reach 100 million users by 2030. This ambitious goal is supported by decentralized finance (DeFi), play-to-earn (P2E) games, and NFT integration. The project is centered around the $SPACEM token, but in 2025 it rebranded as SPACEM WORLD (SPCM) and underwent a token swap.

SpaceM originated as a Web3 platform focused on social media, gaming, and education. The core idea is for users to create content and convert it into NFTs, earn rewards through P2E gaming, and spend their earnings in the real world through crypto-fiat integration. The platform generates $SPACEM tokens through SpaceM Node NFTs. These NFTs offer owners daily token rewards for five years and exclusive ecosystem benefits (such as access to VIP groups). Furthermore, the SpaceM Debit Card allows earnings to be spent in the real world; it supports virtual IBAN, fast bank transfers, and crypto-fiat conversion.

The project listed its $SPACEM token on the Avalanche-based Trader Joe's DEX on January 21, 2025, with a starting price of $0.00006. Its initial market capitalization was approximately $300,000. The token can be converted into SpaceM Credits for use in content creation, NFT mining, and gaming on the platform. A buyback and burn mechanism backed by a 10% yield is also being used to increase the token's scarcity. Staking is also available, allowing users to stake their tokens and earn passive income with a high APY.

The $SPACEM token has been volatile in 2025. It's currently trading around $0.000374. The total supply is 48.06 billion, with a circulating supply of 4.82 billion tokens. Its market cap is $1.8 million.

SpaceM's security status was assessed in an audit dated January 19, 2025. Code security was rated at 69.04 (moderate), market stability at 79.19, and community trust at 85.93. The audit identified 19 security findings: 10 resolved, 7 accepted, and 2 partially resolved. While no critical vulnerabilities were identified, some concerns about centralization and minor design flaws were reported. There have been no reports of hacks or security breaches in the last 90 days, indicating the project is currently stable.

SpaceM focuses on several key components:

Content and NFTs: Users can turn their social media posts into NFTs. The content's value increases with likes, shares, and engagement. Creating NFTs requires SpaceM Credits, which can be purchased with $SPACEM or earned through games.

Play-to-Earn Games: The first game is a minigame called SpaceM Bounce Pinball, where users can earn credits and use them to create NFTs or convert them into tokens.

SPACEM Academy: A platform offering crypto and Web3 training. With its learn-to-earn model, users earn rewards while they learn.

AI Meme Generator: Allows users to generate entertaining content, which aims to increase community engagement.

SpaceM is active in community building. It has over 18,000 followers on X and regularly posts updates. Telegram has close to 22,000 members, but daily engagement is low, suggesting the community is not yet fully active. The project has received both positive and cautious feedback on the X platform. Some users praise the project's innovative approach, while others criticize the lack of transparency in token distribution and low liquidity. SpaceM is also known as "Space Monkeez," which may be an early branding attempt by the project.

As CoinNET, we've been representing the SpaceM Turkey community for six months. We maintain our effectiveness and competence on both Telegram and X platforms. We not only provide community support but also provide support to our followers through raffles and events. Click to follow SpaceM Turkey on X. Click to join the SpaceM Turkey Telegram community.