SpacePay’s presale nears the $1 million milestone as investors keep joining the ecosystem. The London-based startup is making it easy for people to use digital currencies for every transaction.
Investors are also taking note of these moves and are rushing to its presale, which has already gathered close to $1 million.
Using cryptocurrency for everyday purchases has always been tricky. Store owners worry about crypto’s fast-changing prices, and many find the technology confusing. Most payment systems weren’t built with digital currencies in mind, making it hard for both shops and customers to use crypto for regular shopping.
SpacePay fixes these problems with a clever solution. Instead of asking stores to buy new equipment, they’ve created software that works with existing card machines. Shoppers can use any of over 325 different crypto wallets to pay, making it as easy as using a credit card.
Store owners only pay a tiny 0.5% fee for each sale, and they get their money right away without any surprise charges.
The beauty of SpacePay lies in its simplicity. You can pay with popular cryptocurrencies like Bitcoin or Ethereum, and store owners don’t have to worry about crypto prices going up and down—they get exactly what they’re owed in their local currency. This protection against price changes solves one of the biggest worries merchants have about accepting crypto.
As more people discover SpacePay, its value could grow significantly. The platform makes money in several ways, and they’re spending a good chunk of their resources on getting the word out.
With their user-friendly approach and strong marketing plans, SpacePay is setting itself up to become a major player in how we pay for things.
Being decentralized also means that many people from various parts of the world can easily adopt the solution. This opens SpacePay up to a wide user base who are hungry for faster and more efficient solutions.
SpacePay’s SPY token does more than just let you make payments. Out of the 34 billion total tokens, they are selling 20% (6.8 billion tokens) in the presale. 17% will reward loyal users, and 18% is dedicated to strategic partnerships and various marketing efforts.
There will also be various development activities, and 10% of the total funds have been allocated for that purpose. The founders are also holding 9% of the tokens, while some other allocations are going into community building, receiving funds, and some other purposes.
If you hold SPY tokens, you get some nice perks. This includes monthly loyalty airdrops for the most active wallets in the ecosystem within a month. SPY holders also have a say in how the platform develops. They get to vote once a month on various initiatives and plans that will affect the future of the ecosystem.
The holders of the token are entitled to receive a share of the platform’s earnings as passive income. This way, they are users of the platform and also enjoy some passive income like owners.
SpacePay isn’t just talk; they’ve already achieved quite a bit. They’ve raised $750,000 from private investors and built a working product. The funds from investors show the trust that some people in the industry have in their system.
The platform is also as legally compliant as possible. They’ve made sure they follow all the rules to operate legally in most countries. With this, they can offer their services in countries that accept crypto. The platform has even won awards, including “New Payment Platform of the Year” at Corporate LiveWire.
If you want to be part of SpacePay, you can join the ecosystem through the presale. You can use your crypto wallet (like MetaMask) to buy SPY tokens on their website. They accept many different cryptocurrencies for payment, including USDT, ETH, POL, and BASE.
The current presale price of $0.003126 per token gives early investors a ground-floor price to join before the platform goes mainstream.
JOIN THE SPACEPAY (SPY) PRESALE NOW
The content on Coinpedia's sponsored page is provided by third parties and is intended for promotional purposes. Coinpedia does not endorse, guarantee, or take responsibility for the accuracy, quality, or effectiveness of any services, products, or information presented in these sponsored materials. The inclusion of sponsored content does not imply Coinpedia’s approval or support. Readers are advised to exercise due diligence and conduct their research before making decisions or taking action based on the information presented in sponsored content.
The first U.S. exchange-traded fund offering spot exposure to XRP has crossed $100 million in…
The global cryptocurrency market climbed on Saturday after the United States and China reached an…
Bitcoin has confirmed a breakout above $111,000, showing strength after several weeks of sideways movement.…
President Donald Trump’s choice of Mike Selig to lead the U.S. Commodity Futures Trading Commission…
For years, XRP has lived in the shadow of Bitcoin and Ethereum, often labeled the…
Clearly, current market conditions are gloomy and bearish, marked by a significant downturn in the…
