View More Articles
We’re thrilled to introduce Spree––a blockchain-native commerce infrastructure layer that combines payments, rewards, settlement, and credit for merchants and consumers.
Our vision is simple but bold: create a decentralized, community-driven commerce network that lowers costs, accelerates payments, and transforms the commerce experience as we know it.
Legacy payment networks have dominated for decades, charging exorbitant fees (3%+ per transaction) and withholding merchant funds for days or weeks. In addition, credit card reward systems benefit only select parties and rarely transfer significant savings to consumers. Oftentimes, merchants are punished with long cash settlement and withholding periods, making it hard to run their business.
Spree’s solution: harness blockchain infrastructure to eliminate middlemen, slash transaction costs, and reward the community. The result is cheaper, faster, and more secure commerce for everyone.
At its core, Spree empowers customers to pay for real-world purchases directly from self-custody wallets. We handle conversion of any crypto payment into our USD-backed token — Spree Points (SP) — eliminating friction and allowing merchants to receive near-instant settlement.
Spree Points are “Stable-Points,” fully backed by USD stablecoins. Consumers can redeem them across 2M+ premium merchants, from travel to luxury goods. SP doesn’t fluctuate in price like typical cryptocurrencies, so it’s tailor-made for practical, everyday spending.
The SPREE token secures, governs, and validates transactions within the Spree network. Stakers and validators help process transactions and maintain network integrity, earning fee rewards in return.
Merchants receive immediate funding. They can then offer competitive rewards back to their customers — also in SP. Thanks to cutting out legacy intermediaries, merchants can pass these cost savings on to consumers, fueling a virtuous cycle of rewards and loyalty.
The Spree network facilitates peer-to-peer credit by tokenizing unpaid receivables. For example, merchants can sell their unsettled credit card payments to Spree network participants, unlocking business liquidity faster and rewarding stakers with yields when the receivables are repaid. This means frictionless credit and new financial opportunities for everyone involved.
1. February 2025 Launch
Spree goes live with 2M+ premium merchants. Instantly swap crypto for travel, entertainment, luxury retail, and more––all while earning SP rewards.
2. Additional Partnerships
We’re expanding our network of e-commerce providers, marketplaces, and real-world service companies. Expect more announcements soon.
3. Governance & Staking Opportunities
SPREE stakers and validators will help determine future upgrades, new features, and credit parameters. If you want a say in shaping decentralized commerce, this is your chance.
4. Evolving Credit Market
We’re building a robust credit marketplace so merchants can tokenize receivables and unlock liquidity in record time. Expect more details and ways to participate.
Spree aims to redefine commerce for merchants and consumers alike. The future is open, transparent, and powered by all of us. We’re just getting started––and we’d love for you to come along for the ride.
Here’s to a more connected, rewarding future for commerce––built on Spree. Welcome aboard!
.svg){kind=small}
