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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Why Crypto Users Are Backing SpacePay: The Presale That Puts Holders First

ericdunne519
ericdunne519
1 week ago
4 mins read
Why Crypto Users Are Backing SpacePay: The Presale That Puts Holders First

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Created by industry experts and meticulously reviewed
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Este artículo también está disponible en español.

Most crypto projects promise future gains through rising token prices. SpacePay takes a different approach by putting actual money in holders’ pockets today. With its presale already passing $1 million at $0.003181 per token, investors are backing a system that shares 40% of all transaction revenue directly with token holders.

The platform charges merchants just 0.5% per transaction and creates a steady income stream for the community. By adding monthly airdrops, voting rights, and quarterly webinars with the team, SpacePay treats token holders as genuine business partners rather than passive speculators.

Four Ways SPY Token Holders Make Money While They Sleep

Unlike tokens that only gain value when someone buys at a higher price, SPY creates multiple income streams for holders:

  1. Direct Revenue Sharing: Each time a merchant processes a payment through SpacePay, they pay a 0.5% fee. Of that fee, 40% goes directly to token holders based on their proportion of total SPY tokens. With daily transaction volume growing, this creates passive income that flows to holders whether the token price rises or falls.
  2. Monthly Loyalty Airdrops: The most active wallets using SpacePay receive bonus SPY tokens monthly. These airdrops reward users who actively interact on the platform.
  3. Potential Token Appreciation: While not guaranteed, the current presale price of $0.003181 is the ground floor. As more merchants join and transaction volume increases, the demand for SPY tokens naturally grows since holding them provides access to these revenue streams.

The math speaks for itself: A $1,000 investment at current prices yields approximately 314,000 SPY tokens. If SpacePay processes just $100,000 daily in transactions (a modest figure for a payment platform), that position would generate about $17.53 weekly in passive income without selling a single token.

Beyond Hype: How SpacePay Proved Its Worth Before Asking for Money

Beyond Hype: How SpacePay Proved Its Worth Before Asking for Money

Unlike many crypto projects that launch with nothing but promises, SpacePay developed its core technology and business fundamentals before opening its presale. This approach dramatically reduces risk for token buyers.

The team secured $750,000 in private investment last year and used those funds to build and test their payment infrastructure. This early backing came from payment industry veterans who recognized the gap SpacePay fills in the market. Their validation speaks volumes about the project’s practical business case.

The completed Minimum Viable Product already processes transactions through existing Android payment terminals with the promised 0.5% fee structure. This working product meant presale participants could verify the technology works rather than just trusting marketing claims.

SpacePay also claimed the “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23. Perhaps most importantly for token holders, SpacePay secured regulatory compliance across all unsanctioned nations before launching the presale. This legal groundwork prevents the regulatory hurdles that have derailed many promising crypto projects after investors already committed funds.

By building first and selling tokens second, SpacePay reversed the typical crypto launch formula. This product-first approach gives token holders confidence they’re buying into something real, not just funding someone else’s experiment.

Why Voting Rights Matter in the SpacePay Ecosystem

Once monthly, SPY holders vote on critical platform decisions that directly impact their earnings. Unlike typical crypto “governance” that rarely affects token value, SpacePay voting focuses on concrete financial matters.

Votes address practical matters like fee structures, market expansion, and feature priorities. Token voting weight scales with holdings but includes diminishing returns to prevent whale domination. 

A holder with 1,000,000 tokens has more say than someone with 10,000, but not 100 times more. This prevents large holders from making decisions that benefit themselves at the expense of the broader community.

The quarterly connect webinars complement this voting system. In these 45-minute sessions, the SpacePay team presents upcoming proposals, explains market conditions, and answers holder questions directly.

The combined voting rights and direct access to leadership create alignment between the team and token holders. When the community has real power over business decisions, the platform evolves to maximize revenue for everyone involved, not just the founding team.

The presale has raised over $1 million with the tokens priced at $0.003181. Interested participants can visit the website and connect any of the supported wallets to make the purchase.

JOIN THE SPACEPAY (SPY) PRESALE NOW

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ericdunne519
ericdunne519

ericdunne519

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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