#预测市场发展 Prediction Markets?? I heard that Space is launching its public sale today, so I couldn’t help but do some research and ended up falling into a whole new rabbit hole 🕳️

I only knew the term "prediction market" before, but I had no idea what it could be used for. Turns out, you can trade and make judgments on real-world events like crypto assets, politics, and sports. If your prediction is correct, you can profit? It feels a bit like an upgraded version of "betting," but not exactly the same?

What attracts me the most is that Space supports 10x leverage trading, with theoretical returns exceeding 1000 times (although the risks are probably also quite extreme😅). There’s also a "flywheel mechanism" that sounds pretty professional — 50% of platform revenue is used for buybacks and token burns, which should help increase the token’s value... or rather, maintain it repeatedly? I still don’t quite understand the wording.

The public sale parameters look quite detailed: starts on December 17, raising $2.5 million, with FDV between $50 million and $99 million. The most important thing is — there’s no minimum subscription limit! This is a huge boon for beginners like me, allowing small-scale testing first. Plus, the higher your level, the more airdrops you get, which feels a bit gamified.

A particularly important detail: you must use a self-custody wallet (Phantom is recommended), and you cannot transfer directly from an exchange. This time, I really need to be extra careful — the biggest fear for newbies is losing all their coins due to a wrong operation...

Has anyone participated in prediction markets before? Can you explain the actual process to a newcomer? The official documentation seems overwhelming, and my brain is a bit foggy😭