风无向🦅|12月 21, 2025 06:51
Space, the leveraged prediction market on SOL, is doing an IDO right now. It's a Dutch auction at the moment, but...
It's a Dutch auction at the moment, but they've designed a mechanism where early participants can get higher platform fee discounts and better points bonuses.
The product isn't out yet. SOLANA's on-chain prediction platform will definitely have better speed and lower fees compared to other chains.
I personally put in a little bit. My procrastination kicked in, so I didn't make it to Diamond level, just Platinum. Might consider playing around with it later.
The platform uses an oracle, but it seems to also be orderbook-based. Not sure how they'll handle risk control and stop-loss. We'll see how the mechanism works. The product isn't out yet. I'm treating it purely like a lottery ticket.
Risk warning: They previously raised a round on ECHO. For this Dutch auction, the later you participate, the lower your level. Doesn't seem like there will be much FOMO later on. If TGE is 100%, the market cap at launch will be $67M.
The market is really bad right now, so do your own research.
If you want to participate, you can use this referral code: AM104
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