Recently, I’ve seen many people participating in Space’s public fundraising rounds. At first, I was quite confused—feeling like it was one round after another, and wondering when it would end. It wasn’t until I carefully studied the public fundraising guide that I suddenly realized.

It turns out this logic is very particular. The team is actually laying the groundwork for the platform’s January launch by designing the fundraising rhythm through segmented privilege tiers. The later the round, the higher the participation threshold, and the rights associated with it tend to favor long-term binding—in other words, users participating later need to commit to a longer pledge cycle.

The reason why Space has attracted the attention of some leading platform research departments is precisely because of this innovative fundraising mechanism. It’s not a simple, blunt one-time sale, but rather a finely divided tier system that can control the fundraising pace while locking in the long-term commitments of different types of participants. From the project side, this is indeed a good strategy.