Catenaa, Saturday, December 27, 2025- Space, a leveraged prediction market built on Solana, announced the public sale of its native $SPACE token, opening ownership to the community.
The platform allows users to trade real-world outcomes across crypto, sports, politics, technology, and culture, offering up to 10x leverage and gamified rewards.
The sale uses a variable token distribution model with fair price discovery, ensuring all participants pay the same market-clearing price.
Tokens are 100% unlocked at the token generation event (TGE) and can be purchased with USDC, USDT, or SOL.
Space implements a flywheel mechanism where 50% of platform revenue is used to buy back and burn $SPACE, while the remaining 50% is allocated to the protocol treasury. The public sale targets $2.5 million, with a floor valuation of $50 million and a ceiling of $99 million.
Participants earn tiered perks, including bonus airdrops, points multipliers, referral rewards, and reduced trading fees, based on contribution timing.
The project is built by the team behind UFO, a former Top 100 crypto project with a $1.5 billion market cap, emphasizing community-driven growth and liquidity-focused design.
Space features a central limit order book with 0% maker fees and gamified incentives to drive engagement.
The public sale started on December 17, 6:00 PM UTC, with refunds managed for oversubscription to ensure fair allocation. Platform launch is scheduled for January 2026.
