SpacePay successfully reaches $1M milestone in presale to accelerate mainstream crypto adoption

SpacePay just broke the $1 million milestone in its presale, amidst the lukewarm broader market.

The London-based fintech project is building an advanced payment solution to bring crypto to mainstream retail. With a functional MVP, SpacePay (SPY) stands out from the sea of presale projects that exist only on paper.

Crypto in retail: Why it Hasn’t worked yet

The hype around crypto is unmatched. Over the last few years, Bitcoin and altcoins have reshaped finance and investment. Yet, crypto is far from being a perfect currency. Not many people use it to buy their morning coffee. It is not suitable for everyday spending.

Volatility is one of the biggest challenges that stand in the way of crypto adoption. Businesses are unwilling to take…

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