Space launches public sale of its native token SPACE

Space is the first prediction market platform in the Solana ecosystem to support leverage up to 10x, allowing users to trade on real-world events such as crypto, politics, sports, technology, and culture—earning rewards for correct predictions. Today, Space officially announced the public sale of its native token, SPACE .

In terms of economic model design, Space adopts a token flywheel mechanism: 50% of the platform's revenue will be used to buy back and burn SPACE tokens.

Space was founded by the original team behind the UFO project. UFO entered the CoinMarketCap top 100 in 2021, with a market capitalization that once exceeded $1.5 billion, and cultivated a large on-chain community. The success of UFO came more from distribution efficiency and the accumulation of community consensus than from internal members controlling the market – this core concept has been fully carried over to the Space project.

Space Platform Core Functions

• Centralized Limit Order Book (CLOB), Maker fee is 0;
• With a maximum predictive leverage of 10 times, the theoretical return can reach over 1000 times.
• A well-designed user growth and retention mechanism;
• 50% of the revenue will be used to buy back and burn tokens;
• A gamified system of points, levels, and quarterly airdrops;
• Liquidity incentives and referral reward mechanisms.

Space platform financing and token sale status

To date, Space has completed a $3 million seed and strategic funding round , led by Morningstar Ventures and Arctic Digital .

In addition, Space has already completed a token sale on the Echo platform that was 1360% oversubscribed, with participation from Impossible Finance Curated investors. Now, Space is officially opening up project ownership to the community.

Token Public Sale

The team believes that those who actually use, trade, build on, and support the Space platform should own a piece of it. The purpose of the public offering is to put ownership in the hands of the community, allowing everyone to participate at the same price.

Fair price discovery

This public offering adopts a variable token allocation model, where the final number of tokens allocated will be determined based on the final market transaction price. This mechanism ensures fair and efficient price discovery while guaranteeing that all participants trade at the same price.

Key information for public sale

• Public blockchain: Solana blockchain;
• Start time: 18:00 on December 17 (UTC);
• Fundraising target: US$2.5 million;
• FDV floor: $50 million;
• FDV cap: $99 million;
• FDV curve: linear ($0.05 to $0.099);
• Unlock rule: 100% unlocked during TGE;
• Supported assets: USDC, USDT, SOL;
• Minimum participation amount: None;
• Maximum participation amount: None.

Participation Mechanism

1. After the countdown ends, sale.into.space will be open for participation;
2. The public offering will start with a $50 million FDV valuation, which will remain unchanged until the fundraising amount reaches $2.5 million.
3. Once the target is reached, the price discovery phase begins, and FDV will rise linearly, reaching a maximum of $99 million.
4. At the end of the public sale, all participants traded at the same price;
5. If the demand for tokens at the final price exceeds the number of tokens available for allocation, the team will adjust the allocation and refund the oversubscribed portion to ensure fairness in participation.

Rank and Rights

• The participation level is adjusted every 24 hours. The earlier you participate, the higher your level will be, and the greater your chance of receiving an allocation.
• Higher tiers will unlock higher percentages of airdrop rewards, as well as lifetime benefits and perks on the Space platform;
• Reaching the minimum amount will unlock the corresponding level and subsequent rewards;
• There is no minimum participation threshold for public funds; even small amounts can participate.

The minimum investment requirement only applies to unlocking the corresponding level and related rights; there is no minimum investment amount for public offering participation itself.

Rights and benefits

• Airdrop Bonus: Unlocks additional token airdrop rewards;
• Points multiplier: Accumulate points faster in the first to fourth airdrop cycles (Q1 to Q4 of 2026);
• Referral Bonus: Receive a lifetime bonus on transaction fees generated by the referred user;
• Transaction fee discount: Users enjoy discounted transaction fees for 12 months.

Users' cumulative investment amounts can be accumulated, but a level can only be unlocked by reaching the minimum threshold within the corresponding valid time window. Once unlocked, the level will be valid for life. Level achievements will be synchronized to the user's Space account information and will come with additional platform benefits.

Token Distribution and Refunds

If oversubscription occurs, the team will coordinate the token allocation to ensure fairness in participation.

After the public sale ends, any excess subscription funds will be refunded. Specific refund rules and standards will be announced after the public sale ends.

Token Model and Recent Developments

The total supply of tokens is 1,000,000,000.

flywheel mechanism

All transaction fees generated by the platform will be used to drive self-sustaining growth:

• 50% of revenue will be used to buy back and burn SPACE tokens ;
• 50% of revenue → injected into the agreement treasury.

Recent Developments

• Public offering time: December 17, 18:00 (UTC);
• Refund time: Processed immediately after the public offering ends;
• TGE: After the public offering ends;
• Platform launch: January 2026.

How to participate

Users can participate by following these steps:

1. Access sale.into.space;
2. Connect to a self-hosted wallet (Phantom recommended);
3. For the best experience, we recommend using the desktop version;
4. Select the asset(s) to contribute (USDC / USDT / SOL) and the amount;
5. Sign and confirm the transaction.

It is important to note that you should not participate by transferring funds directly from centralized exchanges (CEXs), but must use a self-custodied wallet such as Phantom.

About Space

Space is a high-leverage prediction market platform based on Solana, founded by the original UFO project team. The platform addresses the long-standing liquidity problem in prediction markets through a centralized limit order book (CLOB), 10x leverage, and zero maker fees. Furthermore, the platform continuously enhances user engagement by combining gamified incentives, a referral system, and a quarterly airdrop mechanism.

Space has completed a $3 million funding round, achieving a 1360% oversubscription on the Echo platform, and has received support from Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital.

Through a 50% revenue buyback and burn mechanism, Space aims to become the infrastructure layer of decentralized prediction markets, serving traders, developers, and token holders.