Explore the SpacePay Whitepaper and $SPY Utility

Inside SpacePay Whitepaper: Tokenomics & Innovation

Introduction

The cryptocurrency market continues to grow, yet people still struggle to use Bitcoin and other cryptocurrencies for everyday purchases like coffee or groceries. While cryptocurrencies are valued in the billions, they remain impractical for actual transactions.  

This is where SpacePay, a London-based fintech startup, comes in. SpacePay is changing the crypto payment landscape by making it possible to use cryptocurrencies as everyday currency. They achieve this by removing the price volatility risks for merchants and allowing transactions through standard payment terminals.  

What is SpacePay

SpacePay is a new company that is changing how we use money with technology.It makes paying with cryptocurrency easier for everyone. Many stores are unsure about using Bitcoin because it can be a hassle.The fees are high, the technology is hard to understand, and the price changes quickly, which can be risky for businesses. 

SpacePay combines cryptocurrencies with regular finance in a simple way.Its new technologies could change how payments work.It is setting a new standard for payment systems around the world, addressing key problems and creating solutions that focus on users.

Fixing the Volatility Problem 

Shop owners have a common issue with cryptocurrency payments.For example, a cafe might accept $100 in Bitcoin for an order in the morning, but by the afternoon, the value could drop to $80 because of market changes.SpacePay solves this problem with a smart system that allows for instant payments.

When someone pays with crypto, the shop gets the money in regular dollars, euros, or their local currency.That $50 dinner bill stays at $50 in the restaurant's account, no matter what happens to Bitcoin afterward.

They do this by locking in the exchange rate as soon as a customer starts to pay.If the crypto market changes during that short time, SpacePay covers the difference, and the merchant simply sees a normal payment in their account.

Key Features of SpacePay

• Unlock the full potential of your crypto in everyday transactions with SpacePay. 

• Immediate payment confirmation 

• Enjoy zero payment fees as a payee 

• Rewarding User Engagement

• SpacePay simplifies cryptocurrency payments

SpacePay Benefits: 

Easy to use: SpacePay wants to make crypto payments very simple, like using a credit card. 

Works with many options: SpacePay supports many types of cryptocurrencies and wallets. 

Worldwide access: SpacePay plans to be available on millions of devices in different countries.

User Benefits of using SpacePay 

SpacePsy is your gateway to affordable and innovative commerce, offering the most cost-effective way to accept cryptocurrency while receiving fiat currency. This service ensures your business is protected from crypto market volatility and attracts a tech-savvy customer base. 

Enjoy the dual benefits of cutting-edge technology and unmatched affordability with SpacePay, the perfect blend of reliability and innovation for modern merchants.

Compatible with All Android POS Terminals

Boost your Android POS terminal's functionality and transform your payment options with SpacePay, ensuring reliability and innovation.

Crypto Payments Made Simple 

SpacePay revolutionises retail payments with cryptocurrency acceptance, converting seamlessly to all traditional currencies . The traditional POS terminals, powered by easy-to-use payment APK, make crypto transactions as straightforward as traditional payments, ushering in a new era of financial flexibility for merchants.

Users can pay easily with different payment mediums

The platform accommodates different preferences through various payment methods. Participants can purchase using cryptocurrencies such as USDT, AVAX, ETH, BNB, MATIC, and BASE, or complete transactions with a standard bank card. 

Use Your Crypto Like Cash

SpacePay supports an extensive range of popular wallets, making transactions as easy as scanning a QR code at the terminal. With compatibility for over 325 wallets, SpacePay simplifies cryptocurrency payments, eliminating complicated processes and inter-platform fund transfers. Experience the ease of seamless crypto transactions with us.

SpacePay’s Values 

SpacePay is a fast-moving tech startup changing the way we pay in stores with new fintech solutions.  

Strong Security.Total Trust. 

In today's changing finance world, safe transactions are very important, especially with cryptocurrency.That’s why SpacePay focuses on strong security throughout our platform.From the start of a transaction to the end, we make sure you feel safe. 

Community-Driven Innovation 

At SpacePay, we believe that many voices can shape the future.Your opinion matters.Every decision, from supporting tokens to expanding globally, comes from our active community.We listen, work together, and create new ways to make cryptocurrency payments safe and easy for everyone.

Decentralized Future at SpacePay 

SpacePay envisioned a future where finance is open, clear, and available to everyone.SpacePay stands out because it works without a central authority, giving power to both merchants and consumers.This builds trust, decreases reliance on traditional banks, and helps create a more inclusive financial system.

The $SPY token

The $SPY token is what makes this whole system work.People who hold the token get extra tokens in their wallet based on how many people are using the network.The more people use SpacePay, the more rewards they get. 

Besides financial rewards, $SPY holders get early access to new features and quarterly meetings with the leadership team.

More than a token, $SPY is the ultimate gateway to rewards, governance, and exclusivity.  

Loyalty Airdrops 

Voting Power 

Early Feature Access 

Revenue Sharing 

Charitable Donations 

Exclusive Webinars

Token Info

Token Name SpacePay

Token Symbol $SPY

Current Price 1 $SPY = $0.003181

Total USDT Raised: $1,026,719 till now

Total supply 34 billion $SPY

Platform  Ethereum (ETH)

Origin  United Kingdom (GB)

Buy with  ETH, BNB, USDT, USDC MATIC,AVAX, BASE and Card.

Soft cap  $5,000,000

Hard cap  $10,000,000

Token Allocation

20% Presale

18% Strategic Partnership and Ecosystem

18% Marketing Community Building

17% User Rewards and Loyalty

12% Reserve Fund

10% Development

5% Team

Roadmap

The roadmap shows three stages of development:

Launch Preparation and Developments

Presale Initiation

Contract audit NFC

Technology Development

Beta Finalisation

CEX Listing

Launch and Community Engagement

Presale Conclusion & CEX Launch Payment

Partnership and community rewards

Engagement API Intigration

Global Expansion & Brand Establishment

Expanding market reach Strategic 

Marketing efforts scaling operations

Enhancing Features 

Participate in the SpacePay Presale 

Those interested in joining the SpacePay community can participate in the ongoing $SPY presale through an easy process. The $SPY token is now priced at $0.003181, though this figure is expected to increase as the presale goes forward. 

Participating begins by visiting SpacePay's official website and connecting your preferred cryptocurrency wallet - whether that's MetaMask, Coinbase Wallet, or another compatible option.  

They accept different payment methods including USDT, AVAX, ETH, BNB, MATIC, BASE, and even traditional bank cards for those new to cryptocurrency. 

After connecting your wallet, select your wanted token amount and complete the 

process through your chosen payment method.

Security

SpacePay cares a lot about security.It uses strong encryption and extra layers of authentication to keep transactions safe. Regular card payments can be risky because they can be charged back or used without permission.

SpacePay’s blockchain makes sure that payments are final and clear, so they can't be disputed or reversed. Privacy is also a big plus.With a contactless system, users can pay without giving away private banking information, which lowers the chances of data theft.

Conclusion

Many cryptocurrency projects promise a lot but don't really help.SpacePay is different because it solves real problems that stores face every day.

For years, traditional payment processors charged stores high fees of 2.5% to 3.5%.SpacePay lowered these fees to just 0.5%, saving businesses a lot of money.

SpacePay has been recognized for its work in the payment industry by winning the “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23.This award highlights the company's creative ideas and commitment to providing great services.

The SpacePay community has exploded to over 70,000 followers on X and nearly 5000 members on Telegram already.

For the latest updates and community discussions, follow SpacePay on

 X (Twitter) , Telegram,  Website