The Good Tech Companies - Space Announces Public Sale of its Native Token, $SPACE

Episode Date: December 19, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/space-announces-public-sale-of-its-native-token-$space. 50% of revenue goes into buying back... and burning $SPACE. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #space, #chainwire, #press-release, #blockchain-development, #crypto-exchange, #solana-blockchain, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Space is the first 10x leverage prediction market on Solana. 50% of revenue goes into buying back and burning $SPACE.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Space announces public sale of its native token, dollar space, by Chainwire. Turtola, British Virgin's Island, December 17, 2025, Chainwire. Space is the first 10x leverage prediction market on Solana, where users trade real world out comes across crypto, politics, sports, technology, culture and beyond getting paid for being right. Today, they announced the public sale of their native token, dollar space. The company has a token flywheel mechanism where 50% of revenue goes into buying back and burning dollar space. Space is built by the team behind UFO, a top 100 project in 2021 on coin market cap that grew to $1.5B plus market cap with a large
Starting point is 00:00:48 in chain community. That success came from distribution and community, not insiders. the same ethos power space core features central limit order book clob with zero percent maker fees up to 10x leverage on predictions more than 1,000x gains engineered user acquisition and retention loops 50 percent of revenue buyback and burn gamified points ranks and seasonal air drops liquidity and referral rewards backing spaces three million dollars seed and strategic round was led by morning star Ventures in Arctic Digital. Alongside a record-breaking 1,360% oversubscribed raise on Echo and PR dissipation from investors on curated by Impossible Finance. Now they are opening ownership to the community. Public Sale the team believes the people who use, trade, build on and
Starting point is 00:01:39 support space shawl down 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. Tokens distributed are determined at the final market clearing price. This ensures fair and efficient price discovery while guaranteeing all participants receive the same price. Key details. Chain Solana start. December 17th, 6 p.m. UTC target, $2.5m. Floor FDV. 50m.m. Ceiling FDV. 99 MFDV curve. Linear, $0.05 right pointing arrow 0.5.0.5 right pointing arrow $090 vesting 100% unlocked at TGE accepted USDC, USDT, Sall minimum contribution, none maximum contribution, none HOW it works. At the end of the countdown, sale. Inta, space will be open
Starting point is 00:02:37 for contributions the sale starts at a floor valuation of $50 million FDV and remains at this level until $2.5M target is reached after the target is met. The sale enters price discovery. With FDV increasing linearly up to the $99 million ceiling at the close of the sale, all participants pay the same clearing price 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 and perks minimum contribution is to unlock a tier and subsequent rewards. There is no minimum contribution to participate in the public sale.
Starting point is 00:03:15 Perk benefits. Bonus airdrop. Unlocks additional bonus token Airdrop points multiplier. Earning points faster across Airdrop Seasons 1 to 4. Q1Q4-20206. Referral multiplier. Lifetime bonus on trading fees from referred users' trading fee discount. Reduced fees on users' trades for 12 months' users' total contribution is cumulative,
Starting point is 00:03:38 but they can only achieve a tier if they hit the minimum during that tier's active window. Once a user secures one, it's theirs for life. Tier achievements transferred to their space profile and come with additional benefits. Allocation and refunds in the event of over-subscription, 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. Tokonomics total supply. One billion flywheel mechanism all platform fees fuel a self-sustaining cycle. 50% of revenue right pointing arrow buyback and burn dollar SPACE 50% of revenue right pointing arrow protocol Treasury What's next public sale? December 17th, 6 p.m. UTC refunds immediately after sale
Starting point is 00:04:24 closes TGE. After public sale platform launch, January 2026 in order participate, users can go to sale. Into space connect a self-custodial wallet, phantom recommended desktop is recommended for the best user experience select contribution amount in USDC, USDT, or SOL sign and confirm 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 plus 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 air drop system to enhance
Starting point is 00:05:17 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. Social's website public salex, Twitter, Telegram, and Telegram, Chat, contactase in todot space limited admin at INTA. Space This Story was published as a press release by Chainwire under Hackernoon Business Blogging Program. Do your own research before making any financial decision. Thank you for listening to this Hackernoon story, read by artificial intelligence.
Starting point is 00:06:07 Visit hackernoon.com to read, write, learn and publish.

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