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Have you noticed how tough it still is to use crypto for everyday shopping? London startup SpacePay thinks they’ve cracked this problem with a clever approach, which lets stores accept crypto through their existing card machines. No fancy new hardware needed.
Their platform works with over 325 wallets, keeps fees low at just 0.5%, and pays merchants instantly in regular money. So far, they’ve pulled in more than $1M during their presale, with their $SPY token sitting at $0.003181.
Finally, Crypto That Works at Regular Stores
For all the talk about cryptocurrency changing money forever, you still can’t easily buy a coffee with it. Most shop owners don’t want the hassle of setting up special equipment just to accept Bitcoin or Ethereum.
SpacePay tackles this head-on. They’ve built software that updates regular Android card terminals to handle crypto payments. The shop keeps their familiar equipment, and customers can pay using any of 325+ different crypto wallets.
What about those wild price swings that make business owners nervous? SpacePay handles that too. When someone pays with crypto, the shop gets their local currency right away. No waiting around watching prices crash or wondering what that Bitcoin will be worth tomorrow. Simple, straightforward, and practical.
What Makes the $SPY Token Different
Every crypto project has a token these days, but SpacePay’s $SPY aims to be actually useful rather than just another speculative coin.
For starters, holding $SPY gives you a say in how the platform develops. Like voting rights in a company, token holders can weigh in on important decisions. This means the people using the system help shape what it becomes.
Then there’s the money angle. SpacePay shares some of its earnings with token holders. As more shops start using their payment system, holders could see regular passive income. Not guaranteed riches, mind you, but a concrete link between the project’s success and token value.
They’re also running monthly bonus drops for active users, early access to new features, and quarterly update calls with the team. All nice touches that reward people who stick around for the long haul.
Smart Money Management for the Long Run
Looking at how SpacePay has arranged their finances shows they’re thinking beyond just a quick cash grab. They’ve capped their token supply at 34 billion $SPY and spread it around thoughtfully.
They’ve put 20% into the public presale – that’s a healthy chunk going directly to early supporters. Another 17% is set aside for rewarding users and building loyalty. The development team gets 10% to keep improving the tech.
Marketing and partnerships each get 18%, which seems balanced – enough to spread the word but not excessive. The founding team is keeping just 5% for themselves, which is quite modest compared to some projects out there.
They’ve also kept 12% in reserve for whatever challenges might pop up down the road. Smart planning, especially in the unpredictable world of crypto.
The presale has different price stages, with early buyers getting better rates. Right now it’s at $0.003181, but that’ll increase as the presale progresses.
Where Things Stand Now
SpacePay’s big token launch got pushed back to sometime between May and June 2025.
Why the delay? They’re lining up partnerships with big names in crypto and finalizing deals with launch platforms that could boost their visibility. They’re also watching the market, waiting for better conditions after seeing other tokens struggle with recent launches.
They do have a working prototype and they’re focused on following regulations properly, which is reassuring.
If they pull it off as planned, merchants could benefit from those low transaction fees – 0.5% beats the 2-3% many credit card processors charge.
They’re also putting a lot of emphasis on security, with strong encryption and constant transaction monitoring.
How to Get In on the SpacePay Presale
Curious about getting some $SPY tokens? Here’s how it works. Head to SpacePay’s website and connect a crypto wallet like MetaMask or WalletConnect.
You can pay using several popular cryptocurrencies – Ethereum, Binance Coin, Polygon, Avalanche, and stablecoins like USDT or USDC all work. They also take regular bank cards.
Choose how much you want to invest, and the site will show you how many tokens that buys at today’s price. After you approve the transaction (and make sure you have enough to cover any network fees), save your receipt details.
You’ll want to follow their Telegram or Twitter accounts too, so you know when and how to claim your tokens later. With the launch now scheduled for 2025, staying in the loop on updates will be important as the project develops over the coming year.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
