Cryptocurrencies are revolutionary. But they don’t justify the term ‘currency’. They are good investment assets, but they have a long way to go before they can be used for everyday transactions.
At least, that’s what we used to think.
The new crypto payment solution SpacePay (SPY) brings that future closer. With SpacePay, we can effortlessly use crypto for everyday transactions like buying groceries and ordering books online.
How SpacePay Fuels the Mass Adoption of Crypto
SpacePay (SPY) is a new project on a mission to bring crypto into our daily lives. The solution’s seamless integration with standard card machines shrinks the gap between traditional finance and cryptocurrencies. It addresses the long-standing challenges of accessibility and usability in the market.
SpacePay is now in its private beta phase. The full-fledged solution will make crypto payments accessible to merchants, payment companies, and consumers alike.
Over the years, we have seen plenty of cryptocurrencies enter the market across different sectors, from gaming to art and finance. They have grown incredibly popular.
The real-world relevance of cryptocurrencies, however, remains elusive to most people. Most people buy cryptocurrencies hoping for a volatile surge in value. That explains why new meme coins trend every week.
SpacePay stands out among this crowd of superficial tokens with a tangible utility with real-world relevance. Without projects like SpacePay, the long-term sustenance of the market will be uncertain.
SpacePay has already caught the eye of global strategic investors, raising an impressive $750,000 from private backers in a short time. Now, SpacePay is offering a chance for the public to get involved on low budgets.
Anyone can join the ongoing presale of SPY, the native token SpacePay during the short public presale window. The fixed, discounted prices are too compelling to miss.
Instant, Smooth, and Efficient
Shoppers can easily make crypto payments at online or offline shops by scanning the SpacePay QR codes. The transactions are smooth, efficient, and instant.
Most crypto payment solutions are limited to BTC, ETH, and SOL payments, which narrows their accessibility and user base.
SpacePay targets a broad user base by accommodating a wide range of cryptocurrencies. It supports transactions across 325 wallets, including popular options like MetaMask, Trust Wallet, Coinbase Wallet, and Ledger Nano S.
The solution also comes at attractive prices. Merchants can use the platform at exceptionally low costs, while users and payment companies benefit from fee-free transactions.
SpacePay is designed to shield businesses from rapid market fluctuations in the crypto market. Merchants receive payouts in their preferred traditional currencies. The crypto volatility doesn’t affect them. Businesses can quickly adopt the solution and penetrate new-gen users with the solution.
An Award-winning Project Led by Maxwell Bunting
A gigantic share of crypto projects are led by anonymous teams. When they shy away from revealing their faces, the community often takes it as a sign of their lack of confidence in the project. The lack of accountability and credibility affects the price action of the token, which, in turn, affects the project’s development over time.
Based in London, SpacePay is led by founder Maxwell Bunting. Information about the core team and their roles is available for anyone to see on the official website. The SpacePay team is public and actively engages with the community on Telegram.
The transparent approach to community building establishes the strong credibility of the project. In addition, SpacePay is committed to adhering to financial regulatory policies. It aims for a broad and compliant reach.
SpacePay is estimated to launch on over 4.5 million devices across nine countries this year.
The real-world application of blockchain technology landed SpacePay the prestigious “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23.
The SpacePay smart contract will undergo a thorough security audit from a trusted third-party firm before the token launch.
The Investment Outlook of $SPY
The investment outlook of SpacePay looks promising.
It has an action-packed roadmap coming. The development of a first-of-its-kind decentralised Near Field Communication (NFC) technology is one of the most-awaited upcoming milestones. The beta finalisation of SpacePay’s Payment APK will be accompanied by rigorous testing. SpacePay is also developing an e-commerce API for the seamless integration of its payment solutions into online merchant platforms.
The success of a project depends on more than just its utility aspect. Community support is important to the robust price action of a token. As part of this, SpacePay has implemented a revenue-sharing model that provides token holders with passive income.
Apart from this, the project will launch loyalty incentives, airdrops, and participation rewards to fuel activity and engagement in the community.,
The SpacePay presale that is now underway offers a limited-time opportunity to secure $SPY tokens at fixed, discounted prices before exchange listings.
