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London-based fintech startup seems to be SpacePay leading the charge in crypto. While many blockchain projects focus on theoretical use cases, SpacePay tackles real-world payment challenges.
The platform has already raised $1 million in its ongoing presale which is actually strong market interest in practical crypto payment solutions.
Let’s break down the key figures that make SpacePay worth watching in 2025 and beyond.
SpacePay’s 0.5% Revolution
Credit card companies and payment processors have been taking a big bite from merchants for years. Most businesses lose between 2.5% and 3.5% on every sale, which seriously damages their bottom line.
SpacePay turns the payment industry upside down with its low 0.5% transaction fee – an approach that could transform how businesses of all sizes handle their finances. For a neighborhood café with $40,000 in monthly sales:
- With traditional processors (3% average fee): $1,200 monthly
- With SpacePay (0.5% fee): $200 monthly
- Annual savings: $12,000
SpacePay cuts out all the usual middlemen thanks to smart blockchain tech, which is how they keep their fees so low without skimping on security. If you’re running a small shop with tight profit margins, saving that extra grand each month isn’t just nice – it could be the difference between struggling to pay bills and actually growing your business.
Time is of the essence! $SPY is in for some major developments.
Stay tuned for what’s next 👀 pic.twitter.com/hFpfCXxca0
— SpacePay (@SpacePayLtd) April 1, 2025
325+ Compatible Cryptocurrency Wallets
Accessibility remains a major hurdle for crypto payment adoption. Most platforms support only a handful of wallets, which forces customers to download new apps they don’t want.
SpacePay stands out with compatibility across more than 325 different cryptocurrency wallets. Customers can pay using whatever digital wallet they already have through a simple QR code system. Just scan, confirm, and the purchase completes in seconds – no complicated wallet addresses or technical knowledge required.
For merchants, this wide compatibility translates to a broader potential customer base without additional setup work.
4.5 Million Potential Devices Across 9 Countries
SpacePay isn’t building a niche solution. The platform aims for mass adoption, with plans to roll out across 4.5 million Android-based payment terminals in nine countries.
This ambitious expansion plan works because SpacePay integrates with existing Android payment terminals through a simple software update – no new hardware required. This approach lowers the barrier to entry for businesses interested in accepting cryptocurrency payments.
34 Billion Total Token Supply with Strategic Distribution
The $SPY token forms the backbone of the SpacePay ecosystem, with a carefully planned distribution model designed for sustainable growth. The total supply of 34 billion tokens is allocated with long-term development in mind:
- 20% for public presale (6.8 billion tokens)
- 18% for strategic partnerships (6.12 billion tokens)
- 18% for ecosystem development (6.12 billion tokens)
- 18% for marketing and community building (6.12 billion tokens)
- 17% for user rewards and loyalty programs (5.78 billion tokens)
- 12% for reserve fund (4.08 billion tokens)
- 10% for development (3.4 billion tokens)
- 5% to founding team (1.7 billion tokens)
This distribution assigns just 5% to the founding team, much lower than the 20-30% typically seen in many crypto projects. The emphasis on public participation (20%) and generous funding for development shows this project is designed with longevity in mind, not quick profits.
The Revenue-Sharing Model Behind $SPY Tokens
The $SPY token isn’t merely a currency – it offers multiple utility features that provide ongoing benefits to holders. As the SpacePay network grows, a portion of those 0.5% transaction fees flows back to token holders, which creates a potential passive income stream.
Token holders also receive monthly loyalty airdrops, governance rights to vote on platform decisions, early access to new features, and quarterly webinars with the leadership team. This ecosystem rewards long-term holders rather than just speculators.
Instant Fiat Settlement Protection
Cryptocurrency’s price volatility has long been a primary concern for merchants. No business wants to accept Bitcoin for a $100 sale only to find it worth $80 hours later.
SpacePay addresses this challenge with an instant settlement system. When a customer pays with cryptocurrency, merchants receive payment in their local currency immediately. A $50 sale stays exactly $50 in their account, regardless of market movements.
This protection comes from SpacePay’s price-locking mechanism, which freezes the exchange rate during the transaction. If cryptocurrency prices fluctuate during those few seconds, SpacePay’s system absorbs the difference, which ensures merchants receive exactly what they are charged.
How to Participate in the SpacePay Presale
For those interested in the SpacePay ecosystem, the ongoing presale offers an entry point with $SPY tokens currently priced at $0.003181. The process works through a simple series of steps on the official SpacePay website.
Just head over to their website and hook up whatever crypto wallet you normally use. Don’t worry about which crypto you’ve got on hand either. They take pretty much everything – USDT, AVAX, ETH, BNB, MATIC, BASE – or you can just use your regular bank card instead.
Once connected, users select their desired token amount and complete the transaction. The tokens remain securely stored in the connected wallet until the presale concludes.
If you’re interested in staying updated, you can follow SpacePay’s official Telegram and Twitter channels for announcements.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
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