Morningstar Ventures urges Space to prioritize community interests by initiating partial refunds and providing full transparency on fund usage, with Space agreeing to return $7.3 million in excess funds.
Morningstar Ventures has called on Space to issue refunds of at least 50% by January 27 and provide clear disclosures on fund usage, current balance, and roadmap. Space has agreed to return $7.3 million in excess funds, reaffirming its commitment to transparency. Additionally, the company plans to release its first product version next week, signaling progress amidst ongoing refund discussions.