SpacePay is a fintech institution that seeks to bridge the gap between traditional payment systems and existing crypto solutions. The platform introduces various features that make it easy for crypto users to pay with cryptocurrency and for merchants to accept digital payments, just like when paying with cash.
SpacePay integrates with existing payment systems and point-of-sale machines to ensure that users can utilize its solutions easily, without having to learn new complex processes.
SpacePay also has wide compatibility, working with various payment solutions as it accepts more than 325 wallets. It allows users to pay with a wide range of cryptocurrencies. This includes popular ones like Bitcoin, Ethereum, and USDT. The less popular ones are also accepted.
This wide compatibility means that users can pay with the wallet or cryptocurrency they are comfortable with. This greatly reduces the stress of having to convert from one wallet to another or from one cryptocurrency to another before making payments.
Another advantage of using SpacePay is that the solution charges only a merchant fee of 0.5% per transaction. This makes it easy to determine the amount to be paid for a transaction and promotes transparency and trust in what it offers.
The solution is fully decentralized, giving users control over their private keys. This reduces the chances of theft and third-party access to user data, making users responsible for keeping their funds safe.
SpacePay has a volatility protection mechanism that protects users from having their cryptocurrencies dip during transactions. The fear that the value of a cryptocurrency might decrease during or immediately after a transaction discourages many merchants from accepting crypto payments, hindering their ability to break into new customer bases. With what SpacePay offers, crypto payments are automatically transferred into the fiat currency of the merchant’s choice.
For example, if a customer pays for a service in Cardano (ADA), the system will automatically convert it to USD if that is the merchant’s fiat currency choice.
What you'll learn 👉
The SpacePay SPY Token
The SPY token is the native token of the SpacePay ecosystem. It grants various access and offers benefits to users. The most active users within a month can earn monthly loyalty airdrops, rewarding them for their commitment to the ecosystem and encouraging more people to use the platform.
SPY token users will also have the opportunity to vote on key decisions that affect the SpacePay ecosystem. This will include decisions around the SPY token itself, new features, innovations, and more.
SPY token holders will be the first to use new features within the community, benefiting from these innovations before the general public, which could be a major advantage for them.
There’s also a revenue-sharing model on the platform. Users benefit from a share of the platform’s revenue as passive income. This means that as the platform grows and earns more money, users also increase their income, aligning user desires with those of the community.
SpacePay also allows token holders to make a positive impact on the environment. It matches some of the platform’s income with charitable donations, enabling SpacePay users to make a meaningful difference in the world.
Token holders will also be involved in quarterly connect webinars, where they will learn more about the project’s progress, plans, and innovations. This promotes transparency, as those involved in the project’s growth will understand its processes and developments.
SpacePay Token Distribution Strategy
SpacePay’s tokenomics are designed to ensure long-term success and strategic distribution of the SPY token.
To achieve this, they offer 20% of the supply to early investors. This will be accessible through the presale, allowing early investors to accumulate many SPY tokens.
18% has been allocated for strategic partnerships and ecosystem growth. Another 18% will be directed toward marketing and various community-building activities to ensure that the project continues to gain popularity and attract new users. 17% will be used as user rewards and loyalty incentives, serving various rewards that the project will distribute to its users at different stages.
12% is reserved for necessary needs as they arise, while 10% will be allocated for development within the ecosystem to meet community demands. The final 5% is designated for the team, who hold these tokens as they strongly believe in the project’s future and want to be major beneficiaries of its future successes.
SpacePay Presale and How to Join
The SpacePay presale is already nearing $1 million, with 1 SPY token priced at $0.002862. The price of the SPY token increases steadily at various stages of the presale, meaning that buying it now positions investors for an increase in the value of their purchase.
To join the presale, connect your decentralized wallet to the website. From there, you can buy with tokens like ETH, BNB, MATIC, USDT, USDC, AVAX, or BASE for SPY tokens. You can also purchase the token using a bank card.
JOIN THE SPACEPAY (SPY) PRESALE NOW
Website | (X) Twitter | Telegram
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.