Cryptocurrencies have been on the scene since 2009.
Using them as actual currencies is still a distant dream, however. Their popularity as investments has skyrocketed over the years. But we can’t exchange them for a meal or gym membership as easy as fiat money. Not yet, at least.
If SpacePay ($SPY) unfolds as planned, crypto payments will be mainstream. The project makes it easy for merchants, payment providers, and consumers to seamlessly integrate crypto into daily transactions.
The biggest obstacles that stand in the way of the mainstream integration of cryptocurrencies are user experience and security.
SpacePay’s breakthrough fintech solution is designed to eliminate these issues head-on. It integrates cryptocurrency directly into existing point-of-sale (POS) systems. With SpacePay, crypto payments are as effortless as using debit or credit cards.
Shoppers just need to scan the SpacePay QR code, complete the payment, and walk out with their purchases.
SpacePay’s broad appeal lies in its extensive compatibility and robust compliance framework. It supports 325 wallets, meaning users can stick with their preferred digital wallet. They don’t have to download a new one. Being compliant, the project can be rolled out globally.
SpacePay can be used for both online and offline shopping. When it comes to user experience, it is designed to compete with popular fiat payment apps.
For merchants, SpacePay is a way to reach the growing tech-savvy crypto user base. Low-cost integration makes it easy to start accepting cryptocurrency without a large upfront investment. They receive payments in their preferred local currency. That mitigates the impact of crypto volatility.
The Minimum Viable Product (MVP) of SpacePay is being tested in private beta. As one of the exceptional projects that brings tangible value to the crypto economy, SpacePay has been gaining attention since its inception. SpacePay was recognized as the "New Payment Platform of the Year" at the prestigious CorporateLiveWire Global Awards for 2022-23.
SpacePay has completed a successful private presale that raised $750,000. The confidence investors have in its potential is evident.
As the SpacePay app makes its way to the mainstream, the coin is expected to see a significant increase in value. During this presale phase, investors can purchase $SPY tokens for attractive discounts. The tokenomics and roadmap are robustly designed to support the long-term growth of the project.
To ensure fair distribution, 20% of the token supply is set aside for early investors. A significant 46% is dedicated to project growth, covering marketing, ecosystem expansion, and platform development. 17% is reserved for user rewards and loyalty programs, while the SpacePay team gets only 5% of the supply. 12% goes to the reserve fund. For those looking for a crypto project capable of long-term growth, SpacePay ticks the box.
Investors can join the presale using a crypto wallet loaded with ETH, USDT, or USDC. If you don’t have cryptocurrency deposits, you can also opt for the fiat purchase option.
For a detailed look at the tokenomics and the roadmap, read the SpacePay white paper.
The real winners when it comes to investments are those who buy low. Cryptocurrencies are not an exception. While most investors prefer to chase trends, savvy investors snag promising new cryptos at bargain prices. It’s no wonder that they often see the biggest returns.
That explains why the SpacePay ($SPY) is making waves. The new project streamlines crypto payments, making it an integral part of the economy.
With the presale progressing rapidly, SpacePay is awaiting a powerful debut. The sell-out is closer than scheduled as investors eagerly snap up the tokens at discounted prices. Each new stage of the presale features a small price increment.
Early investors get the highest presale discounts.
Due to its high market relevance, which gives tangible utility to the crypto market, the investment outlook for $SPY looks bright. The SpacePay token launch is expected to align with the next market upswing.
The practical applications hint at significant growth potential for the token in the long term as well. While speculative trading is popular in the crypto market, SpacePay’s real-world utility gives it a sharp edge that could take it to the ranks of top altcoins.
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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.