Space launches public sale of native token SPACE

Space is the first prediction market platform on the Solana ecosystem to support up to 10x leverage. Users can trade on real-world events in crypto, politics, sports, technology, culture, and more—earning profits for correct predictions. Today, Space officially announced the launch 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 is built by the original team behind the UFO project. UFO once ranked in the top 100 on CoinMarketCap in 2021, with a market cap exceeding $1.5 billions at its peak, and accumulated a large on-chain community. The previous success of UFO was largely due to efficient distribution and strong community consensus, rather than internal control by team members—this core philosophy has been fully carried over to the Space project.

Core Features of the Space Platform

• Centralized Limit Order Book (CLOB), with 0 Maker fees;
• Up to 10x prediction leverage, with theoretical returns exceeding 1000x;
• Carefully designed user growth and retention mechanisms;
• 50% of revenue used for token buyback and burn;
• Gamified system of points, levels, and quarterly airdrops;
• Liquidity incentives and referral reward mechanisms.

Space Platform Fundraising and Token Sale

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

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

Token Issuance

The team believes that those who truly use, trade, build, and support the Space platform should own a part of it. The purpose of the issuance is to hand over ownership to the community, allowing everyone to participate at the same price.

Fair Price Discovery

This issuance adopts a variable token allocation model, with the final number of tokens allocated determined by the final market clearing price. This mechanism achieves fair and efficient price discovery while ensuring all participants transact at the same price.

Key Issuance Information

• Public chain: Solana;
• Start time: December 17, 18:00 (UTC);
• Fundraising target: $2.5 million;
• FDV lower limit: $50 millions;
• FDV upper limit: $99 millions;
• FDV curve: linear ($0.05 to $0.099);
• Unlocking rule: 100% unlocked at 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 open for participation;
2. The issuance will start with an FDV of $50 millions as the initial valuation, remaining unchanged until the fundraising amount reaches $2.5 million;
3. After reaching the target, the price discovery phase begins, with FDV rising linearly up to $99 millions;
4. At the end of the issuance, all participants transact at the same price;
5. If the subscription demand at the final price exceeds the number of tokens available, the team will adjust allocations and refund the excess subscriptions to ensure fairness.

Levels and Benefits

• Participation levels are adjusted every 24 hours; the earlier you participate, the higher your level and the greater your chance of allocation;
• Higher levels unlock a greater proportion of airdrop rewards, as well as lifetime benefits and privileges on the Space platform;
• Reaching the minimum amount unlocks the corresponding level and subsequent rewards;
• There is no minimum participation threshold for the issuance; small amounts are also welcome.

The minimum contribution requirement only applies to unlocking the corresponding level and related benefits; there is no minimum contribution amount for participating in the issuance itself.

Benefit Privileges

• Airdrop bonus: unlock additional token airdrop rewards;
• Points multiplier: accumulate points faster during the 1st to 4th airdrop cycles (Q1 to Q4 2026);
• Referral commission multiplier: enjoy lifetime bonus rewards on trading fees generated by referred users;
• Trading fee discount: enjoy discounted personal trading fees for 12 months.

The user's cumulative contribution amount can be aggregated, but only by reaching the minimum threshold within the valid time window for a certain level can that level be unlocked. Once unlocked, the level is valid for life. Level achievements will be synced to the user's Space account profile, along with additional platform privileges.

Token Allocation and Refunds

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

After the issuance ends, excess subscription funds will be refunded. Specific refund rules and standards will be announced after the issuance concludes.

Token Model and Recent Developments

The total token supply is 1,000,000,000.

Flywheel Mechanism

All platform-generated fees will drive self-sustaining growth:

• 50% of revenue → buyback and burn SPACE tokens;
• 50% of revenue → injected into the protocol treasury.

Recent Developments

• Issuance time: December 17, 18:00 (UTC);
• Refund time: processed immediately after issuance ends;
• TGE: after issuance ends;
• Platform launch: January 2026.

How to Participate

Users can participate by following these steps:

1. Visit sale.into.space;
2. Connect a self-custody wallet (Phantom recommended);
3. For the best experience, desktop is recommended;
4. Select the asset to contribute (USDC / USDT / SOL) and the amount;
5. Sign and confirm the transaction.

Important: Do not transfer funds directly from a centralized exchange (CEX) to participate. Be sure to use a self-custody wallet such as Phantom.

About Space

Space is a high-leverage prediction market platform based on Solana, built by the original UFO project team. The platform addresses the long-standing liquidity challenges of prediction markets through a centralized limit order book (CLOB), 10x leverage, and 0 Maker fees. In addition, the platform combines gamified incentives, a referral system, and a quarterly airdrop mechanism to continuously boost user engagement.

Space has completed $3 million in financing, achieved 1360% oversubscription on the Echo platform, and has received support from Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital.

Through the 50% revenue buyback and burn mechanism, Space is committed to becoming the infrastructure layer for decentralized prediction markets, serving traders, developers, and token holders.