What Problem is SpyritCoin Solving?

SpyritCoin is a utility token based on the Polygon Network, created with two Practical Conventions in mind; Reoccurring Tax Back to Investors and Liquidity Acquisition. SpyritCoin Conferences strives to expand the business reach and market value of Spyrit Platform, by collaborating with investors abroad or people that are willing to invest in alternative cryptocurrencies that may assist in reaching a specific and monthly business volume.

SpyritCoin is a cryptocurrency created on the Polygon network with two practical conventions. Reoccurring Tax Back to Investors and Liquidity Acquisition. The Spyrit team is determined to solve the double-spending problem and provide utility for enhanced spending during economic depressions.

SpyritCoin is a utility token in the Polygon network created with two practical conventions to incentivize investors to contribute; tax back and liquidity acquisition.

SpyritCoin (SPY) is a decentralized, deflationary utility token based on the Polygon network. SPY tokens are designed to be used as a utility token and to help investors receive tax benefits. Spyrits can use SPY tokens to invest in the network and receive tax back every year on a quarterly basis.

SpyritCoin was created with the vision to improve the utility of the Polygon network, and to make it a more valuable tool for global participants. SpyritCoin’s main utility is a token that can be purchased by investors and used across platforms to make purchases and earn in return accruing value for those that keep their Spyrit coins on the Polygon network.

All of these tokens are backed by real estate inventories: The more tokens increase in price, the more real estate we can acquire and deploy onto the Polygon network. We hope this helps you understand why SpyritCoin is so much more than an investment opportunity, it is an utility token with practical uses that can be used globally.

SpyritCoin is a utility token built on the Polygon network that acts like a reward mechanism and a deflationary asset, as well as a source of liquid funds for Polygon. It solves the following issues:

SpyritCoin (SPY) is an ERC-20 compliant utility token. Every investor of SpyritCoin partnership program interested in the returns of their investment, will receive a tax back agreement that will be paid every 30 days depending on the profits created and the total amount of tokens held. This can be considered a 25% return on investment monthly.

Moreover, in case the accredited investor wants to liquidate their investment by selling the tokens they hold, they will be able to do so at any time through HitBTC, Cryptopia, and Coinexchange.com or any other exchange or major crypto currencies market. This is because HitBTC and Coinexchange.com is also a partner of SpyritCoin in this project.

Spyrit is creating SpyritCoin, an ERC-20 utility token. SpyritCoin will enable investors the opportunity to be paid in tax on 50% of all future revenues. By law, companies are required to pay taxes on earnings and revenues, which are then given back to investors as a payment.

This creates utility for investors and allows them to participate in the success of a company. Investors are unable to liquidate their investment and this incentivizes long term holding of a security.

SpyritCoin is a utility token that is being developed by Spyrit PTY. Limited with the intention of serving both Cryptocurrency users, along with companies and E-commerce stores (online and physical based). Businesses will be able to set up an ecommerce store, purchase SpyritCoin from us at regular intervals, then convert it as and when needed to pay off contracts or staff, etc.

SpyritCoin is a utility token issued by Spyrit Pty Ltd, the developers behind all of our existing products, and trusted global Banking & Payment platform that has been in operation for over 6 years.

SpyritCoin (SPY) is a utility and deflationary cryptocurrency created to address the need for a sound, transparent and sustainable cryptocurrency that can bridge the gap between crypto as an alternative financial system to fiat as a legal tender. We will also introduce a new payment model both in online and offline markets.

SpyritCoin was designed with a new protocol that allows for investors to earn money for every time the SpyritCoin platform is used.

More Information

Website : https://spyritcoin.io/

Whitepaper : https://github.com/spyritcoin/SPYRIT-Paper/blob/main/SPYRIT%20PAPER.pdf

Twitter : https://twitter.com/spyritcoin

Telegram : https://t.me/spyritcoin

GitHub : https://github.com/spyritcoin

DisCord : https://discord.com/invite/xzyeMr3Rbb


Bitcointalk Username: Manti Tarak

Profile Link Username: https://bitcointalk.org/index.php?action=profile;u=3398709

Telegram Username: @mantitarak

Pollygon Wallet Address: 0xa00Ac64ce301B4E584Fe78B0864EE6575a4b2b68



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store