A web3 domain is a type of domain name that is registered on a crypto network, such as Ethereum. It can be used to send and receive cryptocurrency payments, access dApps, and interact with smart contracts. Web3 domains are usually NFTs and end in a suffix such as '.eth' , '.bnb' or '.arb'.

You need a crypto wallet such as metamask and to hold some network tokens to cover the gas fee. For example, on Ethereum you need to hold ETH for gas fees when minting your domain. After successfully minting, the domain will be sent to your wallet as an NFT.

SPACE ID gift card is an NFT that can be used to redeem credits for purchasing SPACE ID domains.

500 giftcards (400 on Binance Smart Chain and 100 on Arbitrum One) are available to Phemex Soul Pass holders. Each is worth $5. All Phemex Soul Pass holders are eligible to claim but on a first-come, first-serve basis. After a gift card is successfully claimed, it will be sent to your wallet as an NFT.

You will be eligible to receive xPT and ID token airdrops if you successfuly mint the Phemex Soul Pass and hold a SPACE ID domain in the same wallet at the snapshot time of 2023-8-13 00:00:00 UTC. Each eligible participant will receive a mystery box containing a random amount of xPT and ID tokens in their Phemex account.

To mint a SPACE ID domain, you need a crypto wallet that can be connected on the SPACE ID website, such as Metamask. If your wallet that holds PSP was created by Phemex, you can import the wallet to wallet extension using the Seed Phrase and then try to connect with wallet extension.