Space Announces Public Sale Of Its Native Token, $SPACE

2025-12-17 06:24:43

(MENAFN- Chainwire) Tortola, British Virgins Island, December 17th, 2025, Chainwire

Space is the first 10x leverage prediction market on Solana where users trade real-world outcomes across crypto, politics, sports, technology, culture and beyond – getting paid for being right. Today, they announced the public sale of their native token, $SPACE.

The company has a token flywheel mechanism where 50% of revenue goes into buying back and burning $SPACE.

Space is built by the team behind UFO, a top 100 project in 2021 on CoinMarketCap that grew to market cap with a large on-chain community. That success came from distribution and community, not insiders. The same ethos powers Space.

Core Features:

Central Limit Order Book (CLOB) with 0% maker fees
Up to 10x leverage on predictions, more than 1,000x gains
Engineered user acquisition and retention loops
50% of revenue – buyback and burn
Gamified points, ranks, and seasonal airdrops
Liquidity and referral rewards

Backing

Space's $3M seed and strategic round was led by Morningstar Ventures and Arctic Digital. Alongside a record breaking 1,360% oversubscribed raise on Echo and participation from investors on Curated by Impossible Finance.

Now they are opening ownership to the community.

Public Sale

The team believes the people who use, trade, build on and support Space should own a part of it. A public sale puts ownership in the hands of the community where everyone gets the same price.

Fair Price Discovery

The public sale uses a variable token distribution model. Tokens distributed are determined at the final market-clearing price. This ensures fair and efficient price discovery while guaranteeing all participants receive the same price.

Key Details:

Chain: Solana

Start: December 17th, 6:00 PM UTC

Target:

Floor FDV: $50M

Ceiling FDV: $99M

FDV Curve: Linear ($0.05 → $0.099)

Vesting: 100% Unlocked at TGE

Accepted: USDC, USDT, SOL

Minimum Contribution: None

Maximum Contribution: None

How It Works:

At the end of the countdown, sale.into.space will be open for contributions

The sale starts at a floor valuation of $50M FDV and remains at this level until the $2.5M target is reached

After the target is met, the sale enters price discovery, with FDV increasing linearly up to the $99M ceiling

At the close of the sale, all participants pay the same clearing price

In the event demand exceeds available tokens at the final price, the team will manage allocations and refund any excess contributions to ensure fair participation for all contributors

Tiers & Perks

Every 24 hours the participation tier will change, the earlier a user commits, the higher their tier and higher likelihood of getting their allocation filled: unlocking a larger bonus airdrop, lifetime-perks and benefits on the Space platform.

Minimum contribution is to unlock a tier and subsequent rewards. There is no minimum contribution to participate in the Public Sale.

Perk Benefits:

Bonus Airdrop: Unlocks additional bonus token airdrop
Points Multiplier: Earning points faster across airdrop seasons 1-4 (Q1-Q4 2026)
Referral Multiplier: Lifetime bonus on trading fees from referred users
Trading Fee Discount: Reduced fees on user's trades for 12 months

Users' total contribution is cumulative, but they can only achieve a tier if they hit the minimum during that tier's active window. Once a user secures one, it's theirs for life. Tier achievements transfer to their Space profile and come with additional benefits.

Allocation & Refunds

In the event of oversubscription, the team will manage allocations to ensure fairness.

Refunds of any excess contributions will be issued after the sale, with criteria disclosed once the sale concludes.

Tokenomics

Total Supply: 1,000,000,000

Flywheel Mechanism

All platform fees fuel a self-sustaining cycle:

50% of revenue → Buyback & burn $SPACE
50% of revenue → Protocol treasury

What's Next

Public Sale: December 17th, 6:00 PM UTC

Refunds: Immediately after sale closes

TGE: After public sale

Platform Launch: January 2026

In order Participate, users can:

Go to sale.into.space

Connect a self-custodial wallet (Phantom recommended)

Desktop is recommended for the best user experience

Select contribution amount in USDC, USDT, or SOL

Sign and confirm transaction

Important: Do not send from a centralized exchange (CEX). Use a self-custodial wallet like Phantom.

About Space

Space is a leveraged prediction market built on Solana by the team behind UFO, a Top 100 project with a market cap. It combines a central limit order book, 10x leverage, and zero maker fees to address liquidity challenges common in prediction markets. Space integrates gamified rewards, referral incentives, and a seasonal airdrop system to enhance user engagement.

The protocol raised $3 million, including a 1,360% oversubscribed round on with backing from Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital. With 50% of platform revenue allocated to a buyback and burn mechanism, Space aims to provide a foundational layer for decentralized prediction markets, supporting traders, developers, and token holders.

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