Cryptocurrencies boast about radicalizing finance. But we rarely use them in our daily lives. Their utility remains scarce in the real world.
SpacePay ($SPY) aims to change that narrative.
The crypto payment APK is designed to make digital currency practical for everyday purchases, and its MVP is already completed.
SpacePay Presale Builds Momentum
As BTC soars ahead, investors are on the hunt for cryptocurrencies that could take advantage of the next bull season. A top crypto on their watchlists is SpacePay, and for the right reason.
SpacePay has a tangible goal. It is focused on simplifying cryptocurrency payments. Businesses and everyday shoppers can start integrating crypto using the app.
The crypto market is overflowing with tokens. They promise astronomical returns, but rarely deliver. Due to their lack of real-world functionality, they plunge into the dark depths of the market within days of going live. SpacePay is one of the few exceptions, and that anchors its long-term goals.
The $SPY presale is on its way to the $700,000 milestone. SpacePay raised $750,000 in a private presale. Investors are eager to jump in before the bull run takes off. This success underscores a growing demand for cryptocurrencies with real-world utility.
The Magic Lies in Simplicity
SpacePay doesn’t require costly hardware or complicated setups. It delivers a hassle-free solution. The Android-compatible APK integrates seamlessly with existing Point-of-Sale (POS) systems. It allows retailers to accept crypto payments with minimal effort.
Retailers pay a transaction fee of just 0.5%. Customers enjoy fast, secure transactions powered by NFC technology.
Volatility is another chief concern of businesses.
Who would want to sell a product for $1000 only to find its value crashed to $800 an hour later?
SpacePay solves this challenge with instant conversion. Let’s say a business based in the US has integrated SpacePay. A customer pays with BTC via the SpacePay app by scanning a QR code. The payment is immediately converted into USD, the retailer’s local fiat currency.
This way, the risk of market fluctuations is eliminated, giving businesses peace of mind.
The platform supports 325 wallets and a range of cryptocurrencies. The broad compatibility and instant-settlement model could position crypto as a more attractive option than traditional payment methods.
Benefits for $SPY Token Holders
$SPY powers the SpacePay ecosystem. Early adopters can buy the token at discounted rates during the presale. It comes with multiple perks:
- Early access to new products and features.
- Voting rights: Have a say in the project’s future direction.
- Exclusive webinars: Get insights from the leadership team by joining quarterly sessions.
- Potential revenue sharing: Grab opportunities for passive financial rewards as the ecosystem grows.
SpacePay’s tokenomics lays a level playing field for investors. 20% of the tokens are allocated to the public presale. It minimizes the risk of whale domination and helps develop a diverse investor base.
A substantial share of the funds is earmarked for development, marketing, and ecosystem growth. 18% is set aside for strategic partnerships and 12% is allocated as a reserve.
Building a Community
SpacePay is growing. The project’s Telegram group has already attracted over 5,000 members, while its X (Twitter) following is ready to hit 60,000. This strong community presence reflects confidence in the project.
SpacePay is soon launching a referral program and a staking system to promote community engagement.
$SPY is set to debut on major crypto exchanges after the presale. It is expected to strengthen the token’s reach and adoption.
The SpacePay presale is designed to offer a level playing field for investors of all scales. It accepts ETH, USDC, USDT, and fiat cards.
https://x.com/SpacePayLtd/status/1861463642148851880
$SPY is Gearing Up to Pump in the Altcoin Season
The SpacePay Minimum Viable Product (MVP) is already in beta. In the altcoin market, where competitors are mostly stuck in the ideation phase, SpacePay stands out. It could reshape how we view and use digital currencies.
For both veteran crypto investors and those dipping their toes into the market, SpacePay is a top new crypto coin to watch. It offers a compelling case for why digital currencies matter.
While hollow crypto projects themed around silly animal mascots and fun narratives have their charm, they are also short-lived. They don’t have long-term potential. But a project rooted in utility has the potential to thrive even after the speculative hype subsides.
With SpacePay, a future where we buy lunch with Bitcoin, or any cryptocurrency for that matter, is close.
For the latest updates about the presale and project developments, join the SpacePay community on X (Twitter) and Telegram.
