[Public Offering of Prediction Market Space Sparks Controversy, Team Retains Over $10 Million in Excess Funds Citing 'Soft Cap'] Odaily Planet Daily reports that the public offering of Space, a leveraged prediction market platform in the Solana ecosystem, has sparked controversy. The project initially planned to raise $2.5 million but ended up collecting $20 million. The team later announced that they would return $7.3 million and retain the remaining excess funds, citing that $2.5 million was a 'soft cap' rather than a 'hard cap.' The project further argued: 'The $2.5 million can only sustain a few months of operations. This amount merely represents the minimum required for the initial launch and is insufficient to support the multi-year development of leveraged prediction market infrastructure.'