Solana leverage prediction market Space raises over $10 million, token sale adopts dynamic FDV mechanism

RektRecovery · 2026-01-07T05:36:10+00:00

The leveraged prediction market project Space in the Solana ecosystem has raised over $10 million, utilizing a progressive token sale mechanism to ensure participant profits. This design not only provides advantages to early supporters but also offers flexibility in project financing.

RektRecovery

2026-01-07 05:36:10

Abstract generation in progress

【Blockchain Rhythm】New developments emerge in the Solana ecosystem. The fundraising amount for the leverage prediction market project Space has surpassed the $10 million mark, with the latest figure at $10.55 million.

The project team has designed an interesting token sale mechanism. The initial public sale at the first round has an initial FDV anchored at $50 million, with $2.5 million worth of tokens sold at this price. Once the fundraising reaches the predetermined target, the sale does not stop; instead, the FDV begins to increase linearly, eventually reaching $99 million. After the public sale officially ends, all participants will receive tokens at a unified settlement price. This design ensures that later participants do not suffer losses.

This progressive pricing model is relatively uncommon in crypto fundraising, providing early participants with certain advantages while offering the project team flexible fundraising options.

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down_only_larry

· 01-08 12:39

Hmm... I need to review this FDV mechanism again; it feels a bit complicated.

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CryptoWageSlave

· 01-07 06:06

The dynamic FDV mechanism is pretty impressive. The fact that late-stage participants don't get disadvantaged is indeed rare.

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SchrodingerPrivateKey

· 01-07 06:03

This pricing mechanism is indeed interesting, and later participants won't be at a loss, making it a pretty good design... but it still depends on whether it can truly boost the market in the later stages.

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MeaninglessGwei