Crypto projects come and go every day. Most talk big but deliver little. SpacePay feels different, though. This London startup isn’t just another token – they’re actually solving a real problem. They let shops accept crypto using the card machines they already have. No new equipment needed.
Looking at their setup reveals some pretty slick stuff. They work with over 325 different crypto wallets, convert everything to cash instantly for the merchant, and only take a tiny 0.5% cut on transactions. People are noticing too – they’ve pulled in more than $1 million so far in their presale. Right now, their $SPY token sits at $0.003181.
Why Shops Might Actually Use This
Most crypto payment stuff sucks for regular businesses. Who wants to buy expensive new equipment or learn complicated tech? That’s where SpacePay nails it.
They figured out how to make existing card machines work with crypto. Grab your phone, scan, pay with Bitcoin – done. The shop gets regular dollars, pounds, or euros right away. No waiting, no crypto prices crash an hour after someone buys something.
Many small business owners hate those 3% credit card fees eating their profits. When hearing SpacePay only charges 0.5%, most actually stop and listen. That’s unusual – shop owners normally zone out when crypto gets mentioned.
The volatility protection matters too. Shop owners don’t care about hodling – they need stable money to pay bills. SpacePay converts crypto payments to regular money instantly, so businesses don’t stress about price swings.
The $SPY Token: What’s It For?
So they’ve got this $SPY token. Total supply is capped at 34 billion. That’s a lot of tokens, but they’ve split them up pretty sensibly.
These aren’t just useless tokens either. If you hold this new altcoin, you get to vote on where the project goes next. Sick of projects where some anonymous team makes all the decisions? Yeah, most people are too. At least here token holders get a say.
They’re also sharing some money with token holders. As more people use SpacePay, a cut of those transaction fees goes back to people holding the token. That’s way better than tokens that do nothing but go up or down in price.
Oh, and they do these monthly airdrops for active users. Early holders also get first dibs on new features. Most people are tired of projects that just have a token for the sake of having a token. At least SpacePay built some real utility into theirs.
The Tech Stuff (Keeping It Simple)
Nobody likes getting their card declined. SpacePay uses solid encryption and watches transactions in real-time to keep things secure. No complicated explanation needed – it just works.
They support tons of cryptocurrencies too. Use whatever you’ve got in your wallet. That makes sense – limiting payment options is dumb when you’re trying to get people to actually use this stuff.
Here’s what stands out: they already have a working product. Not just promises and fancy graphics. They built it, it works, and now they’re expanding it. Plus, they’re doing all the boring regulatory compliance stuff that nobody talks about but actually matters if you want businesses to adopt your tech.
Where’s All The Money Going?
It’s always worth checking how projects split up their tokens. Shows what they really care about.
SpacePay’s breakdown looks pretty fair:
- 20% for the public presale. That’s for regular folks, not just insider VCs.
- Only 5% for the founders. That’s refreshingly low – most projects give founders way more.
- 17% for user rewards. They’re putting money where their mouth is on community stuff.
- 10% for development. Gotta keep building.
- 36% split between partnerships, marketing, and community.
- 12% in reserve. Every project needs a rainy day fund.
The presale price goes up in stages. Right now it’s at $0.003181. Next stage will be higher. Basic supply and demand – early birds get better prices.
How To Get In On The Presale
Thinking about grabbing some $SPY tokens? It’s pretty easy. Head to their website and connect a crypto wallet. They support all the usual suspects – MetaMask, WalletConnect, and others.
Payment can be made with ETH, BNB, MATIC, AVAX, BASE, USDT, or USDC. Don’t have crypto? They also take bank cards, which is handy for newcomers.
Just decide how many to buy, confirm the transaction in the wallet, and that’s it. Make sure to screenshot or save transaction details somewhere – those will be needed later when it’s time to claim the tokens.
After that, follow their Twitter or join their Telegram to stay updated. Crypto moves fast, and no one wants to miss important announcements.
JOIN THE SPACEPAY ($SPY) PRESALE NOW