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Seeing the buzz around $SPACE's public round funding is quite interesting. 400% oversubscription, with commitments of over $10M already in place, shows market demand is there.
The project's design approach is worth noting. The most straightforward aspect is the token distribution method—100% unlocked at TGE, without lengthy lock-up periods or suspense. This level of transparency is indeed rare nowadays. Investors don't have to guess or speculate; once the TGE date is announced, everyone knows what to expect.
This structure reflects confidence in the project itself and also reduces participants' risk expectations. From the funding data, the market still recognizes this kind of mechanism.