The Space team has launched a public token sale for SPACE.
Date: 2025-12-18 Author: Gabriel Deangelo Categories: BUSINESS
The Space team, a prediction platform with up to 10x leverage on the Solana network, announced the public token sale of its SPACE token. The total supply of tokens is 1 billion, with more than half allocated to the community. According to a release from Incrypted, 50% of the proceeds from the sale will be used to buy back and burn tokens, which should support their value.
The project's creators are the same developers behind UFO, which entered the CoinMarketCap top 100 in 2021 with a market cap of $1.5 billion. They are using a similar strategy with Space—focusing on the community and openness, rather than focusing on insiders.
Key platform features:
- Centralized limit order book (CLOB) with 0% maker fees;
- Up to 10x leverage, significantly increasing potential profits;
- Developed user acquisition and retention cycles;
- 50% of revenue goes toward token buyback and burn;
- Gamified points, rankings, and seasonal airdrops;
- Liquidity and referral bonuses.
In its early stages, the project raised $3 million in seed and strategic rounds with support from Morningstar Ventures and Arctic Digital. Echo saw a record 1,360% oversubscription and active participation on Impossible Finance's Curated platform.
The public token sale provides a level playing field for all participants: token prices are determined at the final market price, ensuring fair distribution.
Key token sale parameters:
- Network — Solana;
- Start — December 17th, 18:00 UTC;
- Target — $2.5 million;
- Minimum FDV — $50 million;
- Maximum FDV — $99 million;
- Linear FDV curve ($0.05 → $0.099);
- Vesting — 100% of tokens unlocked at TGE;
- USDC, USDT, and SOL accepted;
- No minimum or maximum contribution limits.
After reaching the target amount, the token sale proceeds to the final price determination, with the FDV gradually increasing to $99 million. All participants pay the same clearing price, and excess contributions are refunded if demand exceeds demand. Early participation increases user tier, unlocking access to bonus airdrops and lifetime platform privileges. SPACE tokenomics: 51% of tokens are allocated to the community, 5% to marketing, 15% to the founders, 15% to initial liquidity and listing, and 14% to investors. Half of the platform's commission income goes toward token buybacks, and the other half goes to the project treasury.
To participate, you must connect a non-custodial wallet (Phantom is recommended), select the contribution amount in USDC, USDT, or SOL, and confirm the transaction. The team recommends avoiding centralized exchanges for participation in the token sale.
The platform is expected to launch in January 2026, immediately after the token generation (TGE).
