Script Network SPAY
SPAYProject Safety Score: 27%
Updated 3 weeks, 3 days ago& Market
Credibility
Behavioral
Mechanics
Distribution
SPAY is the operational token of the Script.TV blockchain is used as “gas” and for rewards. SPAY tokens total circulation will be 5,000,000,000.
When the blockchain goes to mainnet, SPAY will launch. Unlike the SCPT token, the SPAY token can only be obtained by engaging in the Script Network ecosystem or by purchasing it on the public market (CEXs). Users can earn SPAY tokens through our ScriptGlass watch to earn reward mechanism which has an earning protocol for those who watch TV on the platform.
SPAY token will be highly liquid; therefore, an annual increase in supply starting from the second year will be set at a rate of 9%. In order to avoid the devaluation of SPAY due to the annual token volume growth, about 25% of each transaction fee will be burned at the protocol level. This will become the cost of using the network and balance the price and volume of SPAY tokens.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
