Press Release

Space Confirms Public Token Sale for Its Native $SPACE Asset

Space announces the public sale of its $SPACE token on Solana, introducing a 10x leverage prediction market with a buyback-and-burn model.
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Space Confirms Public Token Sale for Its Native $SPACE Asset

Tortola, British Virgin Islands, 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 in which 50% of revenue is used to buy back and burn $SPACE.

Space is built by the team behind UFO, a top-100 project in 2021 on CoinMarketCap that grew to a $1.5B+ market cap and a large on-chain community. That success came from distribution and community, not insiders. The same ethos powers Space.

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Core Features of Space

  • 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
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Who is Backing Space?

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 that the people who use, trade in, 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. The final market-clearing price determines the tokens distributed. This ensures fair and efficient price discovery while guaranteeing all participants receive the same price.

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Key Details

  • Chain: Solana
  • Start: December 17th, 6:00 PM UTC
  • Target: $2.5M
  • 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

  1. At the end of the countdown, sale.into.space will be open for contributions.
  2. The sale starts at a floor valuation of $50M FDV and remains at this level until the $2.5M target is reached.
  3. After the target is met, the sale enters price discovery, with FDV increasing linearly up to the $99M ceilin.g
  4. At the close of the sale, all participants pay the same clearing price.
  5. 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 the greater the likelihood of their allocation being filled, unlocking a larger bonus airdrop, lifetime perks, and benefits on the Space platform.

The minimum contribution is to unlock a tier and its 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 the user’s trades for 12 months

Users’ total contributions are cumulative, but they can only achieve a tier if they meet 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

To participate, users can:

  1. Go to sale.into.space
  2. Connect a self-custodial wallet (Phantom recommended)
  3. Desktop is recommended for the best user experience
  4. Select contribution amount in USDC, USDT, or SOL
  5. Sign and confirm the 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 $1.5B+ 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 Echo.xyz, 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.

To learn more about Space, please visit:

Contact

Ace
Intodotspace Limited
admin@into.space

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anas

Anas is an editor at Coingape with over five years of experience in crypto journalism. He specializes in breaking news, market analysis, and price predictions, ensuring every story is accurate, timely, and reader-focused. With a strong editorial eye and SEO-driven approach, Anas delivers polished, impactful content that keeps Coingape readers informed and ahead of the market.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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