Solana leverage prediction market Space public sale is booming, oversubscribed by 567%, raising over $14 million

robot
Abstract generation in progress

【Block Rhythm】The public sale of Space, a leverage prediction market project on the Solana blockchain, continues to generate high enthusiasm. As of January 16, this funding round has raised over $14 million, with an oversubscription rate of 567.58%. Less than 13 hours remain until the public sale ends, and the excitement remains unabated.

The design of the public sale mechanism is quite interesting. Initially, tokens worth $2.5 million are sold at a fixed FDV of $50 million. After reaching the target, fundraising continues, and the FDV will increase linearly, ultimately capped at $69 million. After the public sale ends, all participants will receive tokens at a uniform price—this price is calculated by the platform based on the final funding situation.

This pricing model ensures both the continuity of fundraising and fairness for participants. For investors looking to position themselves in the leverage prediction market sector, Space's recent performance is definitely worth paying attention to.

SOL1,57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SigmaValidatorvip
· 9h ago
567% oversubscription... This hype is outrageous, it feels like another wave of cutting leeks.
View OriginalReply0
rekt_but_vibingvip
· 15h ago
567% oversubscription? That's an outrageous number, it feels like the entire market is just chasing the trend.
View OriginalReply0
SleepyArbCatvip
· 15h ago
567% oversubscription... That's a pretty crazy number, but I'm a bit confused right now. I'll look at the FDV linear growth logic after I wake up. Can't see clearly in the morning. This kind of pricing model feels like there might be some arbitrage opportunity? Or should I just take a nap again?
View OriginalReply0
GweiWatchervip
· 16h ago
567% oversubscription? How crazy is that? It feels like another wave of hot money pouring in.
View OriginalReply0
GhostInTheChainvip
· 16h ago
567% oversubscription? That number is outrageous, it just feels like another scheme to harvest retail investors.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)