Space, a Solana-based leveraged prediction market, will commence its public sale of $SPACE tokens at 2:00 AM Beijing time on December 18th. The initial valuation is set at $50 million, with a fundraising goal of $2.5 million. The valuation will increase linearly to a maximum of $99 million upon reaching the target. Tokens will be fully unlocked post-TGE, and participants can use USDC, USDT, and SOL. Space, developed by the former UFO project team, offers leverage up to 10x and allocates 50% of its revenue for buybacks and burns.