$SPACE Revolutionize prediction markets on Solana with 50% revenue buyback and burn

From Tortola in the British Virgin Islands, Space has just announced the start of its public token sale. It’s not just another protocol: it’s the first 10x leveraged prediction market on Solana that promises to change the way traders operate on real-world outcomes—from cryptocurrencies to politics, sports, and culture.

The team that learned from UFO now builds Space

Here’s the eye-catching fact: behind Space is the same team that developed UFO, a project that reached a market capitalization of over $1.5B in 2021 and entered the Top 100 on CoinMarketCap. What’s the difference? That success didn’t come from internal investors or selective private rounds, but from the community and an open distribution. Space repeats this philosophy.

Mechanics that go straight to the token holder

Space’s proposal is simple but effective: it implements a centralized order book (CLOB) with 0% fees for makers and allows up to 10x leverage on predictions—which translates into profit potential exceeding 1,000x. But the most interesting part is the protocol’s flywheel mechanism: 50% of total revenue is directly allocated to buyback and burn $SPACE, creating constant deflationary pressure on the supply.

The other 50% funds the protocol’s treasury, generating a self-sustaining cycle. Additionally, the platform includes gamified points, user tiers, seasonal airdrops, liquidity rewards, and reduced fees for referrals.

Investment backing: Morningstar Ventures, Arctic Digital, and Echo at 1,360%

Space closed a seed and strategic round $3M led by Morningstar Ventures and Arctic Digital. What’s notable is what happened afterward: Echo.xyz achieved a 1,360% oversubscription, a clear indicator of market demand. Investors from Impossible Finance also participated. Now they open the door to the broader community.

Details of the public sale starting December 17

The public sale begins on December 17 at 6:00 PM UTC at sale.into.space. The fundraising goal is $2.5M, with a minimum valuation of $50M FDV that remains until reaching that target. Once surpassed, it enters a price discovery mode with a linear FDV up to $99M maximum.

There’s no minimum or maximum contribution limit—anyone can participate. USDC, USDT, and SOL are accepted. The price-setting mechanism works as follows: all participants pay the same liquidation price at the end of the sale. If demand exceeds available tokens at the final price, the team manages proportional allocations.

Tier system: participate early for better positioning

Every 24 hours, the available participation level changes. The earlier a user contributes, the higher their level within that window, which determines the likelihood of securing their allocation. The levels unlock:

• Bonus airdrop: additional tokens outside the purchase price
• Points multiplier: acceleration in accumulation during Q1-Q4 2026 airdrops
• Referral multiplier: lifetime bonus on referral user commissions
• Trading discount: reduced fees for 12 months

Once a level is secured, it’s yours for life and is transferred to your Space profile on the platform.

Tokenomics and deployment schedule

The total supply is 1,000,000,000 $SPACE. The vesting is 100% unlocked at TGE (Token Generation Event), with no lock-up periods. Refunds for oversubscription will be issued immediately after the sale closes.

The platform launches in January 2026, allowing time for token distribution and community preparation. This timeline, aligned with Solana, enables Space to enter as the ecosystem continues gaining traction.

Why Space is different

Unlike other prediction markets struggling with fragmented liquidity, Space combines a centralized book with leverage and targeted rewards. The revenue model—where half is burned—is deflationary by design, aligning incentives among the protocol, holders, and traders.

As with UFO years ago, Space bets on community distribution over internal layers. The 1,360% oversubscription on Echo already says it: the market recognizes when something has potential.