The Solana-based leveraged prediction market, Space, has raised over $14 million in its public sale, surpassing its initial target by 567.58%. The sale, which is set to conclude in less than 13 hours, initially aimed to sell $2.5 million worth of tokens at a fixed fully diluted valuation (FDV) of $50 million. As the target was exceeded, the sale continued with the FDV increasing linearly up to $69 million.
Participants in the public sale will receive tokens at a unified price calculated after the sale ends. This significant oversubscription highlights strong investor interest in the Space platform, which operates on the Solana blockchain.
Solana's Space Prediction Market Raises $14M, Exceeds Target by 567%
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