"New space" in the side menu confuses with its name

Believe it or not:
Only today I got it, that "New space" is only a placeholder name that the user can (and should) edit.

All the time I was confused about that name, because I've expected here the functionality that the name implies: to create a new Space! -- But exactly that isn't possible there.

My suggestion:
Rename that thing into "Unnamed Space".

• This name doesn't imply a not existing functionality --> less confusion for the user!
• And it gives the user the clear hint, that he can and should give it a proper name.