Space announces the public sale of its native token $SPACE

Space is the first prediction market on Solana to offer 10x leverage, allowing users to trade the outcomes of real-world events in areas such as cryptocurrency, politics, sports, technology, and culture—correct guesses yield rewards. Today, they announced the public sale of their native token $SPACE.

The project has designed a token flywheel mechanism: 50% of platform revenue will be used to buy back and burn $SPACE.

Space is built by the UFO team, which entered the top 100 on CoinMarketCap in 2021, with a market cap exceeding $1.5 billion and a large on-chain community. That success stemmed from distribution and community rather than insiders. Space inherits the same philosophy.

Core Features

• Central Limit Order Book (CLOB) with a 0% order fee

• Prediction events with up to 10x leverage, potential returns exceeding 1000x

• Carefully designed user acquisition and retention loop

• 50% of revenue used for token buybacks and burns

• Gamified points, leaderboards, and seasonal airdrops

• Liquidity rewards and referral rewards

Funding Background

Space's $3 million seed and strategic round was led by Morningstar Ventures and Arctic Digital. At the same time, they completed a record-breaking 1360% oversubscription round on Echo, with participation from investors like Curated by Impossible Finance.

Now, they are opening ownership to the community.

Public Sale

The team believes that those who use, trade, build, and support Space should have a share of its ownership. The public sale puts ownership in the hands of the community, allowing everyone to participate at the same price.

Fair Price Discovery

The public sale employs a variable token allocation model. The final number of tokens allocated will be determined by the market clearing price. This ensures fair and efficient price discovery while guaranteeing that all participants pay the same price.

Key Details

• Chain: Solana

• Sale Start Time: December 17, 2025, 18:00 UTC

• Target Amount: $2.5 million

• Fully Diluted Valuation (FDV) at Base Price: $50 million

• Top FDV: $99 million

• FDV Curve: Linear ($0.05 → $0.099)

• Vesting: 100% unlocked at TGE

• Accepted Currencies: USDC, USDT, SOL

• Minimum Contribution: None

• Maximum Contribution: None

Operation Mechanism

• After the countdown ends, sale.into.space will open for contributions

• The sale starts at a base price of $50 million FDV until the target amount of $2.5 million is reached

• Once the target is met, it enters the price discovery phase, with FDV rising linearly to a cap of $99 million

• At the end of the sale, all participants pay the same clearing price

• If demand exceeds the available tokens at the final price, the team will manage allocations and refund excess contributions to ensure fair participation for all

Tiers and Benefits

The participation tier will change every 24 hours; the earlier users participate, the higher their tier, increasing their chances of receiving a full allocation, unlocking larger bonus airdrops, and enjoying lifetime privileges and benefits on the Space platform.

Unlocking tiers and subsequent rewards requires meeting the minimum contribution amount. However, there is no minimum contribution requirement to participate in the public sale itself.

Benefits Content

• Bonus Airdrop: Unlock additional token airdrops

• Points Multiplier: Earn points faster during the airdrop seasons in Q1-Q4 of 2026

• Referral Multiplier: Lifetime share of trading fee bonuses from referred users

• Trading Fee Discount: Reduced trading fees for users within 12 months

Total user contributions can accumulate, but only contributions that meet the minimum amount within the corresponding tier active window will qualify for that tier. Once a tier is achieved, it remains valid for life. Tier achievements will transfer to the user's Space profile, along with additional benefits.

Allocation and Refunds

In the event of oversubscription, the team will manage allocations to ensure fairness. Refunds for excess contributions will be issued after the sale ends, with specific criteria announced at that time.

Token Economics

Total Supply: 1 billion tokens

Flywheel Mechanism

All platform fees drive a continuous cycle:

• 50% of revenue → Buy back and burn $SPACE

• 50% of revenue → Protocol treasury

Follow-up Plans

• Public Sale: December 17, 2025, 18:00 UTC

• Refunds: Processed immediately after the sale ends

• TGE: After the public sale ends

• Platform Launch: January 2026

How to Participate

Users can:

• Visit sale.into.space

• Connect a self-custody wallet (Phantom recommended)

• It is advisable to use a desktop for the best experience

• Choose to contribute in USDC, USDT, or SOL

• Sign and confirm the transaction

Important Note: Please do not transfer directly from centralized exchanges (CEX). Use self-custody wallets like Phantom.

About Space

Space is a leveraged prediction market built on Solana by the UFO team, which was once a top 100 project with a market cap exceeding $1.5 billion. It combines a central limit order book, 10x leverage, and zero order fees to address common liquidity issues in prediction markets. Space integrates gamified rewards, referral incentives, and seasonal airdrop systems to enhance user engagement.

The protocol has raised $3 million, with the Echo.xyz round oversubscribed by 1360%, receiving support from institutions like Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital. 50% of platform revenue is allocated for the buyback and burn mechanism, aiming to provide a foundational layer for decentralized prediction markets, supporting traders, developers, and token holders.