Space announces the public sale of its native token $SPACE

The Solana ecosystem prediction market project Space officially launches its native token $SPACE for public sale.
(Background: A quick overview of Solana Breakpoint 2025 Hackathon’s 33 award-winning projects)
(Additional context: The first Bitcoin municipal reserve in the US is born! Ruidoso, New Mexico, the “UFO capital,” leads the way, with a public BTC donation address)

Table of Contents

  • Core Features of Space
  • Funding Background
  • $SPACE Public Sale Details
  • Fair Price Discovery Mechanism
  • Levels and Benefits
  • Token Economics and Flywheel Mechanism
  • Future Plans
  • How to Participate

(This article is a sponsored content provided by Space and does not represent the stance of Dongqu, nor is it investment, purchase, or sale advice. Please see the disclaimer at the end of the article.)


Space announces the public sale of its native token, $SPACE, the first prediction market on Solana offering 10x leverage. Users can trade on real-world events in cryptocurrency, politics, sports, technology, culture, and more, with rewards for correct predictions. The platform today announced the public sale of its native token $SPACE.

Its tokenomics adopts a flywheel mechanism, with 50% of platform revenue used for buybacks and token burns.

Space is developed by the team behind UFO, a project that ranked in the top 100 by market cap on CoinMarketCap in 2021, with a market cap exceeding $1.5 billion and a large on-chain community. UFO’s success is attributed to its broad community base and token distribution strategy, rather than reliance on a few insiders. Space will uphold the same spirit.

$SPACE Core Features of Space

  • Central Limit Order Book ###CLOB( with 0% trading fee
  • Prediction leverage up to 10x, with potential returns over 1,000x
  • Carefully designed user growth and retention cycle
  • 50% revenue allocated for buybacks and burns
  • Gamified points, rankings, and seasonal airdrops
  • Liquidity and referral rewards

) Funding Background

Space’s $3 million seed and strategic round funding were led by Morningstar Ventures and Arctic Digital. Additionally, it achieved a record-breaking 1,360% oversubscription on Echo platform and received support from Curated, an investment platform under Impossible Finance.

Now, Space is officially opening ownership to the community.

### Public Sale Details

The team believes that users and contributors who actively use, trade, build, and support Space should own a part of the platform. This public sale aims to transfer ownership to the community and ensure all participants can purchase tokens at the same price.

$SPACE Fair Price Discovery Mechanism

This public sale uses a variable token allocation model. The number of tokens allocated is determined by the final market settlement price. This ensures fair and efficient price discovery, allowing all participants to buy tokens at the same settlement price.

Key Information

  • Chain: Solana
  • Start Time: December 17, 6:00 PM ###UTC(
  • Target: $2.5 million
  • Minimum Fully Diluted Valuation )FDV(: $50 million
  • Maximum Fully Diluted Valuation )FDV(: $99 million
  • FDV Curve: Linear )$0.05 → $0.099(
  • Unlock Schedule: 100% unlocked at Token Generation Event )TGE(
  • Accepted Currencies: USDC, USDT, SOL
  • Minimum Contribution: None
  • Maximum Contribution: None

Operation Process

  1. After countdown ends, contribution opens at sale.into.space.
  2. Sale starts at a minimum FDV of $50 million and maintains this level until reaching the $2.5 million target.
  3. After reaching the target, the price discovery phase begins, with FDV linearly increasing to the cap of $99 million.
  4. At the end of the sale, all participants pay the same settlement price.
  5. If demand at the final settlement price exceeds available tokens, the team will manage token distribution and refund excess funds to ensure fairness for all participants.

) Levels and Benefits

Participation levels are updated every 24 hours. The earlier users contribute funds, the higher their level, increasing their allocation chances, unlocking richer reward airdrops, lifetime benefits, and multiple rights on the Space platform.

Unlock levels and subsequent rewards have minimum contribution requirements. Participating in the public sale itself has no minimum contribution limit.

Benefits Details

  • Reward Airdrops: Receive additional reward tokens.
  • Points Multiplier: Earn points faster during airdrops from Q1 to Q4 2026.
  • Referral Multiplier: Receive lifetime rewards from referred users’ trading fees.
  • Trading Fee Discount: Users enjoy trading fee discounts within 12 months.

A user’s total contribution is cumulative, but they must meet the minimum threshold within the active window of their level to earn that level. Once a user locks in a level, it is valid for life. Level achievements are transferred to their Space profile, granting additional rights.

Distribution and Refunds

In case of oversubscription, the team will manage token distribution to ensure fairness. Refunds for excess contributions will be issued after the sale, with details announced post-sale.

Token Economics and Flywheel Mechanism

Total supply: 1,000,000,000 ###
All platform revenue will be injected into a self-sustaining economic cycle:

  • 50% revenue → Buyback and burn $SPACE
  • 50% revenue → Protocol treasury

$SPACE Future Plans

  • Public Sale: December 17, 6:00 PM ###UTC(
  • Refunds: Immediately after sale ends
  • TGE: After public sale
  • Platform Launch: January 2026

) How to Participate

Users can participate through the following steps:

  1. Visit sale.into.space
  2. Connect a self-custody wallet ###Recommended: Phantom(
  3. It is recommended to use desktop for the best user experience
  4. Select the currency )USDC, USDT, or SOL( and amount
  5. Sign and confirm the transaction

Important Reminder: Do not send funds from centralized exchanges )CEX(. Use self-custody wallets like Phantom.

About Space

Space is a leveraged prediction market built on Solana, developed by the team behind UFO. UFO is a project that once exceeded a market cap of $1.5 billion and ranked in the top 100 on CoinMarketCap. Space combines features like a central limit order book, 10x leverage, and zero order fee to address common liquidity challenges in prediction markets. The platform integrates gamified rewards, referral incentives, and seasonal airdrops to boost user engagement.

The protocol has raised $3 million, including a 1,360% oversubscribed round on Echo.xyz, supported by Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital. By allocating 50% of platform revenue to buyback and burn mechanisms, Space aims to create infrastructure for decentralized prediction markets that benefits traders, developers, and token holders alike.

Related Links

  • Website
  • Public Sale
  • X/Twitter

Sponsored Disclaimer: This content is provided by the contributor as promotional material and has no relation to Dongqu. It does not represent Dongqu’s position. This is not investment, asset, or legal advice, nor an offer to buy, sell, or hold assets. Any services, plans, or tools mentioned are for reference only, with final details or rules subject to the contributor’s announcement. Dongqu is not responsible for any risks or losses that may occur. Readers should conduct their own due diligence before making any decisions or actions.

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