Solana-Based Leverage Prediction Market Space Raises Over $10M in Public Sale

Space Public Sale Surpasses $10 Million Milestone

The public sale of Space, a leveraged prediction market built on Solana, has successfully raised over $10 million, reaching a total of $10.5 million. This milestone reflects strong community interest and confidence in the project's vision.

Innovative FDV Mechanism for Sustainable Growth

The sale operates under a dynamic Fully Diluted Value (FDV) model. Initially, tokens worth $2.5 million are offered at a base FDV of $50 million. Once the target is met, the sale continues and the FDV linearly increases until it reaches $99 million, encouraging early participation while ensuring long-term value accumulation.

Uniform Token Distribution for Fair Allocation

After the public sale concludes, all participants will receive tokens at a single calculated price. This mechanism promotes fairness, eliminating price discrepancies for users joining at different times and ensuring a level playing field for all contributors.

Looking Ahead

The successful fundraising sets the stage for Space to expand its leveraged prediction market capabilities. With increasing FDV and growing user interest, the platform aims to become a key player in the decentralized finance space on Solana.