Space Launches Community Token Sale on Solana: 1,360% Oversubscribed Round Leads to Public Offering

Space, a leveraged prediction market platform built on Solana, is opening its native token $SPACE to community participation through a public sale beginning December 17th, 2025 at 6:00 PM UTC. The move follows an exceptionally strong institutional backing round that demonstrated significant investor confidence in the protocol.

Strong Institutional Momentum Fuels Token Launch

The project secured $3 million in seed and strategic funding, highlighted by a record-breaking 1,360% oversubscribed raise on Echo. Morningstar Ventures and Arctic Digital led the round, with additional participation from Echo and Curated by Impossible Finance. This overwhelming demand signals robust market interest in Space’s differentiated approach to prediction markets.

The team behind Space previously built UFO, which achieved top 100 status on CoinMarketCap in 2021 and grew to a $1.5 billion plus market cap through organic community growth and distribution rather than insider concentration—a foundation that carries forward into Space’s philosophy.

Sale Structure and Pricing Mechanics

The public sale targets $2.5 million with a floor valuation of $50 million FDV and ceiling of $99 million FDV on a linear pricing curve ranging from $0.05 to $0.099 per token. Contributors can use USDC, USDT, or SOL with no minimum or maximum contribution limits.

The sale operates in phases: pricing holds at the $50M floor until the $2.5M target is reached, then enters price discovery mode with FDV increasing linearly to the $99M ceiling. All participants pay the same clearing price at sale completion. If demand exceeds token availability, the team will fairly allocate tokens and process refunds afterward.

Tiered Participation and Lifetime Rewards

Early contributors unlock escalating tier levels based on commitment timing, with each tier offering compounding benefits. Participants can earn bonus airdrops, points multipliers across 2026’s airdrop seasons (Q1-Q4), lifetime referral bonuses on trading fees, and 12-month trading fee discounts. Tier status, once achieved, becomes permanent and transfers to a user’s Space profile.

Protocol Economics and Revenue Alignment

Space operates a self-reinforcing tokenomics model: 50% of platform revenue fuels $SPACE buyback and burn mechanisms, while the remaining 50% flows into the protocol treasury. This structure directly aligns token holder interests with platform success and creates deflationary pressure on supply.

Total token supply is capped at 1 billion, with 100% unlocked at token generation event. The remaining 50% of revenue supports ongoing development and ecosystem growth.

Platform Architecture and Market Edge

Space distinguishes itself through a central limit order book offering zero maker fees, up to 10x leverage enabling 1,000x+ gains, and engineered acquisition and retention mechanics. The platform combines gamified points, ranks, seasonal airdrops, and referral rewards to drive engagement.

By addressing liquidity fragmentation in prediction markets, Space enables traders to speculate on real-world outcomes spanning crypto, politics, sports, technology, and culture with professional-grade tools and community incentives.

Timeline and Next Steps

Refunds process immediately after sale closure. Token generation occurs after the public sale concludes. The platform itself launches in January 2026, enabling users to deploy their tokens across prediction markets with the structural advantages Space provides.

This public sale represents a turning point in decentralized prediction markets—combining institutional credibility, community-first design, and economic alignment to create a sustainable protocol layer for traders, developers, and long-term token holders.