Space Announces Public Sale of Its Native Token, $SPACE

12-22-2025, 10:12:03 AM
Intermediate
Blockchain
Space has announced the public sale of its native token, $SPACE. As a prediction market on Solana that supports up to 10x leverage, Space employs a unified settlement price and a variable allocation fair price discovery mechanism. The platform allocates 50% of its revenue to buy back and burn tokens. This article delivers a detailed breakdown of the public sale parameters, participation procedures, tiered benefits, and the tokenomics model, giving readers a thorough understanding of the offering.

Space is the first prediction market on Solana to offer up to 10x leverage. Users can trade on outcomes in crypto, politics, sports, technology, culture, and more, earning returns for accurate predictions. Today, Space officially launched the public sale of its native token, $SPACE.

Space features a token flywheel mechanism: 50% of the platform’s revenue will be used to buy back and burn $SPACE, continuously supporting the token’s value.

The original team behind the UFO project developed Space. In 2021, UFO ranked among CoinMarketCap’s top 100 projects, reached a peak market cap of over $1.5 billion, and built a large on-chain community. That success was driven not by insider advantage, but by distribution capability and community consensus—a philosophy that Space continues to uphold.

Core Features

  • Central Limit Order Book (CLOB) with zero maker fees
  • Prediction trading with up to 10x leverage, enabling potential returns exceeding 1,000x
  • Purpose-built mechanisms for user growth and retention

50% of revenue allocated for buyback and burn

  • Gamified points, tiered system, and seasonal airdrops
  • Liquidity incentives and referral rewards

Funding Background

Space has raised $3 million in seed and strategic rounds, led by Morningstar Ventures and Arctic Digital.

The project also completed an oversubscribed round on the Echo platform with 1,360% subscription, and received investment from Impossible Finance (Curated).

Space is now officially opening up ownership to the community.

Public Sale

The team believes that those who use, trade, build, and support Space should become its owners. The public sale will offer tokens to the community at a unified price.

Fair Price Discovery Mechanism

This public sale uses a variable token allocation model. The final allocation is determined by the market clearing price, ensuring a fair and efficient price discovery process where all participants transact at the same price.

Key Parameters

Blockchain: Solana

Start Time: December 17, 2025, 18:00 (UTC)

Fundraising Target: $2.5 million

FDV Minimum: $50 million

FDV Maximum: $99 million

Valuation Curve: Linear ($0.05 to $0.099)

Unlock: 100% at TGE

Supported Assets: USDC, USDT, SOL

Minimum / Maximum Subscription: No limits

How It Works

When the countdown ends, sale.into.space opens for subscriptions.

The initial valuation is $50 million FDV and remains fixed until the $2.5 million target is reached.

Once the target is met, price discovery begins, and FDV increases linearly up to $99 million.

At the close of the sale, all participants settle at the same clearing price.

If demand at the final price exceeds available tokens, the team will allocate quotas and refund any excess funds to ensure fair participation.

Tiers & Perks

Participation tiers update every 24 hours. Early participants achieve higher tiers and have a greater chance of receiving an allocation. Higher tiers unlock larger bonus airdrops, lifetime perks, and platform benefits.

No minimum amount is required to join the public sale. To reach a specific tier, you must meet the minimum subscription for that tier within the tier’s cycle.

Tier Perks Include

Bonus Airdrops: Unlock additional $SPACE airdrops

Points Multiplier: Accelerated points accumulation during 2026 Q1–Q4 (Airdrop Seasons 1–4)

Referral Multiplier: Lifetime bonus on trading fees generated by referred users

Trading Fee Discount: Reduced trading fees for 12 months

User subscription amounts are cumulative but only count toward a tier if requirements are met within the relevant cycle. Once unlocked, tiers remain valid for life and are bound to the Space account.

Quota & Refunds

If oversubscribed, the team will allocate quotas fairly.

All excess subscription funds will be refunded after the sale ends. Detailed rules will be announced later.

Tokenomics


Total Token Supply: 1 billion $SPACE

Flywheel Mechanism

50% of platform revenue → buyback and burn $SPACE

50% of platform revenue → protocol treasury

Timeline

Public Sale: December 17, 2025, 18:00 (UTC)

Refunds: Immediately after the sale ends

TGE: After the public sale concludes

Platform Launch: January 2026

How to Participate

Go to sale.into.space

Connect a self-custody wallet (Phantom recommended)

For the best experience, use a desktop device

Select USDC, USDT, or SOL as your subscription asset

Sign and confirm the transaction

Important: Do not transfer directly from centralized exchanges (CEX). Always use a self-custody wallet.

About Space

Space is a high-leverage prediction market built on Solana by the UFO project team. With a central limit order book, 10x leverage, and zero maker fees, Space addresses the persistent liquidity issues of prediction markets.

The platform combines gamified incentives, referral systems, and seasonal airdrops to drive user engagement.

Space has raised $3 million in total funding, including a 1,360% oversubscribed round on Echo.xyz, with backers such as Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital.

By allocating 50% of platform revenue to buyback and burn, Space aims to become the foundational layer for decentralized prediction markets, delivering long-term value to traders, developers, and token holders.

Statement:

  1. This article is reprinted from [BlockBeats]. Copyright belongs to the original author [BlockBeats]. For any concerns regarding this reprint, please contact the Gate Learn team. The team will handle it promptly in accordance with relevant procedures.
  2. Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute investment advice.
  3. Other language versions are translated by the Gate Learn team. Unless Gate is specifically mentioned, it is prohibited to copy, distribute, or plagiarize the translated article.

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