The prediction market Space will launch its token public sale at midnight on December 18

The Solana ecosystem prediction market project Space announced that it will launch the $SPACE public sale on December 17 at 18:00 (UTC) (02:00 AM Beijing time on December 18, 2025). This public sale will adopt a fair price discovery mechanism, where all participants will ultimately purchase tokens at the same transaction price, with 100% unlocked at TGE. The public sale aims to raise $2.5 million, with a valuation range of $50 million to $99 million FDV.

Space is positioned as a prediction market supporting up to 10x leverage, covering real-world events in crypto, macro, politics, sports, and more, utilizing a CLOB order book and offering a 0% Maker fee rate. The project features a token flywheel mechanism, where 50% of platform revenue will be used for the buyback and burn of $SPACE. The Space team comes from the project UFO, which had a market cap exceeding $1.5 billion in 2021, and the platform is scheduled to officially launch in January 2026.