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 is fully launched, the SPAY token will be distributed at an expected starting price of $0.005. Unlike the SCPT token, the SPAY token can only be obtained by using Script Network or by purchasing it on the public market (Uniswap, etc.). Users can earn SPAY tokens by watching ads or caching. SPAY can be sold to advertisers who pay for their ads on the Script.TV network.
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.
SPAY Utility