.png){kind=logo}
SpacePay is elevating the world of online payments with innovative solutions that address the barriers limiting the industry. The platform simplifies cryptocurrency payments by introducing features that make it easily accessible to a wide range of users.
SpacePay has implemented various measures to facilitate crypto adoption, potentially expanding the ways people utilize the solution for their everyday business needs.
The platform seamlessly converts cryptocurrencies to traditional currencies and powers standard POS terminals with an easy-to-use payment app, making crypto transactions as straightforward as using cash. This aims to usher in a new era of payment flexibility and financial stability for merchants.
Based in London, the startup is backed by global investors and is committed to empowering payment companies and merchants with next-generation solutions that promote crypto usage.
SpacePay integrates with over 325 wallet providers, enabling individuals to spend their crypto holdings effortlessly at any merchant accepting SpacePay.
Its scalable payment infrastructure adapts to the evolving landscape of the crypto market. The startup's Android-agnostic app is designed to enhance payment platforms and applications, supporting wider adoption and potential ecosystem growth.
Users can also transact with multiple cryptocurrencies, eliminating the need to constantly transfer funds between wallets before making payments.
SpacePay offers instant settlement with zero waiting times, making it an efficient solution for various types of businesses.
Additionally, the platform protects users against the volatility commonly associated with the cryptocurrency market. Merchants receive the agreed-upon fiat amount regardless of crypto price fluctuations. When users make cryptocurrency payments, the system automatically converts the payment to the merchant's chosen fiat currency.
The transaction process is straightforward: users can simply scan QR codes without navigating complex transfer procedures.
SpacePay charges only a 0.5% merchant fee per transaction, with no hidden charges. This transparency makes it easy to determine how much the recipient will receive.
The SPY token has a total supply of 34 billion tokens. Twenty percent of this amount will be distributed in the presale, giving early users the opportunity to accumulate tokens and potentially benefit from future price increases.
Eighteen percent of the total supply will be allocated to strategic partnerships and ecosystem development, ensuring that SpacePay maintains and builds relationships beneficial to the project while adapting to community demand.
Another 18% will be dedicated to marketing activities and community building, ensuring the project gains popularity and that the solution is accessible to as many people as possible.
Seventeen percent will fund user rewards and loyalty programs, covering monthly loyalty airdrops and various rewards for community users as they engage with the platform.
Twelve percent will be reserved, with 10% earmarked for development and 5% for the team. These strategic allocations are designed to drive growth and foster ecosystem development.
SPY token holders will be rewarded through monthly loyalty airdrops, recognizing and appreciating the support of the most active wallets each month.
Token holders will have the opportunity to vote on critical proposals affecting various aspects of the platform and the future of SpacePay, including access to new features before the general public.
SpacePay will also implement a revenue-sharing model, allowing token holders to share in a portion of the platform’s revenue. This model links token holders' investments to the platform's growth and performance, fostering a concerned community and a sense of ownership.
Additionally, they will participate in quarterly webinars, where they can meet the leadership team and discuss the project’s progress and future plans.
Buying the token is straightforward. First, connect your MetaMask or other wallet to the SpacePay website. This can be done on the presale page, where you will find the "Connect Wallet" option or the option to buy the SPY token.
After connecting, you'll be able to purchase the SPY token using ETH, BNB, MATIC, USDT, USDC, AVAX, BASE, or your bank card.
Ensure you have sufficient funds in your crypto wallet in any of the currencies mentioned to complete the transaction. You will also need to authorize the transaction in your wallet.
Once the purchase is complete, users can use the same wallet they connected during the presale to claim their tokens after the presale ends.
Joining the Telegram community provides access to support and information. The channel offers prompt assistance from moderators on Telegram.
The website contains comprehensive information about the project, and following the X page will keep users updated with the latest news.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
