SpacePay Tokenomics and Growth Achievements

Explore SpacePay Tokenomics & SPY Token Utility

SpacePay is changing the way tokens are given out with its $SPY token.This token is not just a form of money; it helps the community, encourages fairness, and gives real benefits to its users. 

There are 34 billion $SPY tokens in total, with most going to the community and not just the team.Only 5% goes to the team, 20% is for public sale, and 17% is for rewards. 

This means that those who support and use SpacePay get to gain the most.$SPY holders also get special benefits like voting rights, early access to new features, loyalty rewards, and a share of the profits. 

The $SPY token is designed to build trust and usefulness in the world of crypto payments.

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. 

Many crypto projects mess up how they share their tokens.The founders often take 30% for themselves, sell early, and leave others with useless coins.SpacePay planned this better. 

They divided their 34 billion tokens with regular people in mind.A full 20% is for the public presale, not just rich investors.The team kept only 5% for themselves, which surprised me.They also set aside 17% for user rewards, so the community benefits as the platform grows.

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

The $SPY token Key Features

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: Reserved for public sale, ensuring wide and fair participation.

18% Strategic Partnership and Ecosystem: Fuels collaborations and strengthens the SpacePay ecosystem. 

18% Marketing & Community Building: Supports promotional campaigns and user engagement. 

17% User Rewards & Loyalty: Incentivizes active participation through airdrops and benefits.  

12% Reserve Fund: Maintains long-term project stability and handles unforeseen needs.  

10% Development: Funds platform upgrades, new features, and technical improvements. 

5% Team: Allocated to the core team, reflecting a modest share and strong commitment to community-first growth.

SPY Token Purpose & Utility

The SPY token is the native cryptocurrency of the SpacePay ecosystem, designed to serve as a utility token that powers activities within the platform. Below are the utility and purpose of the token:

Loyalty Airdrops

Active participation in the SpacePay platform will be rewarded through monthly loyalty airdrops for the most active wallets. Token holders who regularly utilize SpacePay for transactions and engage with the ecosystem will receive loyalty airdrops as a token of appreciation for their ongoing support and commitment.

Voting Power

Token holders of SPY will have a say in the direction of SpacePay's future. The holders will vote every month on important proposals that will influence different aspects of the platform, such as new projects, new features, or token-related choices. This will give power to the token holders and make sure the project follows the vision of the community.  

Early Access to Features 

SPY token holders could receive special access to new features, products, or services in the SpacePay platform prior to availability to the public.  Revenue Share We will have a revenue-sharing mechanism, where token holders can receive a share of the platform's revenue as passive income. This will directly correlate token holders' investment with the performance and growth of the platform, making it a win-win for both SpacePay and its users.  

Charitable Donations 

SpacePay is committed to creating a positive social impact. Part of the revenue earned by the platform will be utilized to match donations made by SPY token holders to pre-selected charities. This will enable holders to support causes they are passionate about while maximizing their impact.  

Quarterly Connect Webinars 

SPY token owners will have special access to quarterly connect webinars where they will directly hear from SpacePay's leadership team. In these 45-minute sessions, token owners will be given first-hand insight into the progress, strategy, and future developments of the company. These webinars will promote transparency, establish trust, and empower the community.

SpacePay’s Growth and Accomplishments

Fund Raising :- Successfully raised $750,000 from private investors, signaling strong investor trust in our growth plans. 

Buy-Back Achievement :- Successfully reinvested in our growth through a completed buy-back option, driving further development. 

MVP and Market Readiness :- Completion of our Minimum Viable Product (MVP).

Strengthening Assets with IP :- In the process of acquiring Intellectual Property to secure and enhance our market position. 

Regulatory Compliance Mastery:- SpacePay is fully compliant with regulatory standards, enabling operation in every unsanctioned nation and ensuring a broad and   unrestricted market reach. 

Award-Winning Innovation:- SpacePay was honored with the “New Payment Platform of the Year award at the CorporateLiveWire Global Awards 2022/23,   underscoring our leadership and innovation in the payment industry. 

Conclusion

The $SPY token is not just another digital coin; it is essential to the SpacePay system, designed for usefulness, openness, and growth. It focuses on involving the community, so real users benefit from the platform's success, not just a few insiders. 

$SPY gives rewards for being active and supporting the platform over time.This includes loyalty bonuses, early access to features, voting rights, and sharing profits.

The regular online meetings and charity matching show SpacePay's dedication to its community and social good. As SpacePay grows while following rules, raising funds, and acquiring new ideas, $SPY holders can expect financial benefits and a say in the platform's future. 

With successful fundraising, award-winning ideas, and a strong plan, SpacePay is ready to lead in Web3 payments.For both investors and users, the $SPY token offers a real chance to be part of a growing and value-driven crypto community.

For the latest updates and community discussions, follow SpacePay on

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