The crypto market is stepping into another altcoin season.
Although the bull signs have begun to emerge, it is expected to gain more strength toward the second half of August.
Strategic investors are hoarding promising new cryptocurrencies before they break out. A top crypto that has caught their eyes is $SPY, the native crypto of SpacePay.
Backed by global investors, the London-based fintech startup makes crypto payment solutions mainstream.
$750,000 Raised from Private Investors, Public Presale Now Live
SpacePay is a crypto project with real-world relevance.
Few crypto projects can claim that.
That explains how the project secured $750,000 from private investors to set out on its journey. The number indicates the strong confidence in SpacePay’s products and partnerships.
While most crypto projects start from scratch after the presale, the SpacePay MVP has already been developed. It is currently in the private beta phase. The team is refining its features based on user feedback.
Credibility is another attractive aspect of the project. From the beginning, SpacePay has focused on full compliance. That helps SpacePay’s goal to expand its reach across the globe.
SpacePay has earned widespread attention for its innovative take on crypto use.
The project was ‘New Payment Platform of the Year’ at the Corporate LiveWire Global Awards for the period 2022-23.
The award highlights SpacePay’s strong industry leadership.
SpacePay empowers payment companies and merchants to penetrate crypto users. It simplifies retail crypto payments.
Using SpacePay’s advanced solution, users can make crypto transactions as straightforward as traditional payments. The project unlocks a new era in crypto adoption.
🌴Make your summer vacation smarter and effortless by paying with crypto.
🧾 Explore the possibilities with SpacePay and redefine how you handle your bills payment this summer.
Visit : https://t.co/q7yD1sv3ip for more. pic.twitter.com/cGpXKckfLx
— SpacePay (@SpacePayLTD) July 20, 2024
SpacePay Integrates with Existing Card Machines
SpacePay is developing user-friendly software that seamlessly integrates with existing card machines.
For a better perspective, the application will support 325 wallets for daily purchases. Merchants can choose to receive payouts in their preferred traditional currencies. It is completely free for users and payment companies. Merchants can integrate the solution at low costs.
Unmatched cost efficiency makes it economically viable across developed and developing economies.
SpacePay has the potential to become a market leader in crypto payments. The project’s vision is comparable to VISA and Mastercard in terms of global impact.
SpacePay will also launch an e-commerce API to strengthen its presence online. The solution will be pivotal in making crypto payments popular.
To learn more about the project development, check out the SpacePay white paper.
What is the Investment Outlook of SpacePay?
Before diving into the price prediction of $SPY, it’s important to analyze the integrity of its tokenomics.
Out of the total supply, a substantial 20% is set aside for the presale to ensure a fair launch. 18% go to strategic partnerships and ecosystem advancement.
Marketing and community-building get 18%, while 17% go to user rewards and loyalty programs. 12% is set aside as a reserve fund and 10% is used for development.
The remaining 5% is team allocation.
The robust tokenomics structure supports its long-term growth.
Going forward, SpacePay plans to launch a payment solution based on Near Field Communication (NFC) technology. It will make crypto transactions seamless and secure for everyday commerce.
After stringent testing, SpacePay’s flagship product will launch soon. On the release of the payment APK, $SPY will derive its demand from utility more than hype. It shows the potential to break into the top 50 cryptocurrencies.
But the short-term investment outlook of $SPY is also promising. Soon after the presale, the token will be listed on leading centralized and decentralized exchanges. With expanding market visibility, it is expected to begin a wild pump in the bull season.
Another feature that will fuel the long-term performance of $SPY is its vibrant community programs like loyalty incentives and airdrops.
How to Join the $SPY Presale?
Beginner and seasoned investors can join the $SPY presale in a few simple steps.
Investors should connect a compatible wallet like Best Wallet, Coinbase Wallet, or Wallet Connect to the presale website.
Popular cryptocurrencies like ETH, USDT, and USDC are supported. Bank cards are also accepted for those new to the crypto sector.
After typing in the amount of $SPY tokens you plan to buy, follow the instructions on the website to finish the purchase.
Make sure you use the same wallet to claim your tokens. Claiming will go live before DEX listing and after the presale.
For more details about the presale milestones and timeline, follow the $SPY website on Twitter and Telegram.
