Space Leverage Prediction Market completes $20 million funding, token distribution plan revealed

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【Block Rhythm】Leverage Prediction Market Space has announced the specific allocation details for this round of funding. A total of over $20 million was raised in this round, with $14 million already allocated and the remaining $6 million to be returned to participants on January 21 (Wednesday).

Users participating in the funding will have their tokens allocated based on a liquidation price of $0.069, corresponding to a fully diluted valuation (FDV) of $69 million. Investors who have been allocated or partially allocated will receive refunds directly into their designated wallet addresses.

Regarding the token claim rules and the specific schedule for the TGE (Token Generation Event), Space stated that detailed information will be announced separately later. Investors should closely follow official updates to stay informed about the participation process. This round of funding demonstrates the market’s continued interest in leverage derivatives.

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GasFeeCriervip
· 10h ago
6 million USD refunded via original route. This operation is quite transparent, but since the TGE date hasn't been set yet, it's a bit concerning.
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DAOdreamervip
· 14h ago
The price of $0.069... feels like another wave of selling, with FDV directly reaching 69 million, and the TGE hasn't been clarified yet.
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TestnetNomadvip
· 14h ago
The price of $0.069... This valuation is indeed quite aggressive. Are leveraged derivatives really this popular now?
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BearHuggervip
· 14h ago
$6 million returned via the original route? That's an interesting tactic. I'm just worried it might turn into another unfinished story.
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ColdWalletGuardianvip
· 14h ago
Those who bought in at $0.069, this price is really comfortable. Just waiting for the TGE, brothers.
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