In the DeFi protocol "World Liberty Financial (WLFI)" related to the Trump family, Spacecoin, the latest infrastructure partner of the project, will launch the SPACE token on January 23.
This launch marks the project's first entry into the public market, aiming to build a decentralized satellite internet network. It seeks to combine blockchain payments with low Earth orbit (LEO) satellites. The SPACE token is expected to be listed first on Binance Alpha.
What is Spacecoin
Spacecoin is a decentralized physical infrastructure network (DePIN) focused on satellite internet connectivity.
Using small LEO satellites without relying on fiber optic cables, mobile base stations, or centralized satellite operators, data is routed and transmission records are managed on-chain.
The goal is to provide censorship-resistant internet access without approval, especially for areas with insufficient or limited connectivity.
The network operates on the blockchain of a credit coin, recording satellite activities and data verification events. This allows users to independently verify the operational status of the satellites and the existence of data transmissions.
In short, Spacecoin claims to be an alternative to centralized providers like Starlink. It is a bold assertion.
Already in orbit satellites
While many DePIN projects are still in the theoretical stage, Spacecoin has already launched hardware.
In December 2024, the project launched its first proof-of-concept satellite, 'CTC-0', into orbit. This satellite demonstrated the ability to transfer encrypted blockchain transactions via space, enabling the transmission and verification of crypto data without ground infrastructure.
By November 2025, the constellation was expanded with three additional satellites known as the CTC-1 mission. These satellites are designed to test continuous coverage, inter-satellite communication, and user authentication while orbiting the Earth.
However, at this time, the network is in pilot operation, and large-scale commercial deployment has not yet begun. Parts of Crypto Twitter are scrutinizing it.
Overview of the WLFI partnership
The rise in awareness of Spacecoin was triggered by the announcement of a strategic partnership with World Liberty Financial. WLFI is a DeFi protocol that issues a USD1 stablecoin.
Specifically, the relationship between the two is built through a token swap, aligning incentives. WLFI's USD1 is used as a payment currency and financial services currency on the Spacecoin network.
In practice, users connected online via Spacecoin's satellites can access payments, remittances, and DeFi tools using stablecoins even in regions without traditional banking infrastructure.
Additionally, WLFI positions this partnership not as short-term token trading but as staking at an infrastructure level. Meanwhile, collaboration may make Spacecoin part of a politically visible DeFi ecosystem, attracting further interest and scrutiny.
Role of the SPACE token
The SPACE token is the native asset of the Spacecoin network.
According to project materials, SPACE is expected to be used for the following purposes:
Payments for data transmission and network services
Incentives for satellite operators and infrastructure contributors
Participation in network governance
Network protection through staking
The total supply of tokens is said to be 21 billion SPACE, with only a portion expected to begin distribution at launch. Airdrop allocations and distribution at initial exchanges are expected to comprise the majority of initial circulating supply.
From this entire supply structure, large-scale token unlocks are expected in the future, which could become a pressure factor on price trends.
The business model is ambitious but unproven
Spacecoin aims to provide basic internet connectivity for $1 to $2 per month, targeting emerging markets in Africa, South Asia, and Latin America.
This price range is significantly lower than current satellite internet services. For Starlink, it ranges from $50 to $120 per month.
The project claims that decentralizing satellite ownership and payments can lead to cost reductions.
However, it is unclear whether this model can continue to expand sustainably. Launching and maintaining satellites, as well as obtaining regulatory approval, requires significant capital even if the hardware is small.
At this time, the launch of SPACE is a test to assess market confidence in decentralized satellite infrastructure, and it does not prove the validity of the model.
