Solana leverage prediction market Space raises over $10 million, revealing the FDV linear growth mechanism

2026-01-07 06:00:10

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【Crypto World】The leverage prediction market project Space on the Solana chain has recently made good progress in funding, raising over $10.55 million, with the exact figure being $10,550,000.

The specific fundraising approach is as follows: during the public sale phase, tokens are sold at a fixed valuation of $50 million for $2.5 million worth of tokens. Once this target is reached, the sale does not stop but continues—however, the FDV (Fully Diluted Valuation) begins to grow linearly, increasing all the way up to $99 million. This dynamic adjustment mechanism ensures that investors entering at different stages are treated fairly.

After the public sale is completely finished, all participants will receive tokens at the calculated price. This design not only guarantees the achievement of the fundraising goal but also prevents later investors from being overly diluted, which is a common strategy used by many projects.

SOL2,46%

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GateUser-5854de8b

· 01-07 06:30

10.55 million dollars? The funding amount for Space looks pretty good, but that FDV linearly increasing to 99 million... Honestly, it's still just a way to profit off later entrants.

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SolidityJester

· 01-07 06:29

$10.55 million? This mechanism sounds pretty fancy, but it linearly rises to a $99 million FDV... Can it really ensure fairness?

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AirdropHunterWang