2026-01-15 18:08:03

The team that built UFO Gaming to $1.5B is launching $SPACE / @intodotspace - a 10x leveraged prediction markets platform on @solana

Their public sale closes in about a day, & is ~543% oversubscribed, raising $13.7M against a $2.5M target, and going..

What caught my attention: they're not just copying Polymarket.

$SPACE uses a deflationary flywheel where 50% of trading fees go to buybacks & burns.

Every prediction literally reduces token supply.

The markets are already live with serious volume - $68M on ‘Next US Presidential Election Winner’ & $118M on ‘Super Bowl Champion 2026.’

JD Vance at 33% vs Gavin Newsom at 22% tells you everything about where smart money thinks politics is heading.

Now leveraged prediction markets so und great until you get your first cascade of liquidations. 10x leverage attracts volume, but it also attracts pain.

The team proved they can scale to unicorn status once.

Question is whether they can do it twice in a completely different meta.

The previous winner bias is strong in crypto.

If they capture even 10% of Polymarket's volume with 10x the leverage, current expectations look conservative.. 🐂

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