Menapay is a cryptocurrency that replaces the traditional payment (cash payment) transactions which makes it one to recon. Menapay is backed by USDS reserves, which enable menacash currency transactions avoid fluctuations unlike other cryptocurrencies. For example, other Cryptocurrencies cannot be used in daily life because of fluctuations and cash-out concern prices. The menacash token is equal to 1 USD and individuals can be able to make transactions anytime daily in cash from the menapay platform has a token distribution, which is shared into a percentage like distribution: This means, 16% goes to the Team Advisors, 64% goes to the Public Contributors, 15% goes to the marketing bounty and finally 5% goes to the mining reserve.
The innovations of the menacash cryptocurrency is stable and can work privately with the blockchain solution in order to remove volatility and guarantee transactions faster than old-fashioned financial instruments. The menacash innovation also provides secure and clear payment transactions by solving the problems of issues in payment method. The menapay would be built on the Ethereum blockchain. This Menapay token is called menacash is an ERC -20 token. The menapay token (menacash) would be tradeable and will be used to distribute the majority of the revenue. Menacash would also be used to distribute the profits of the menapay company and the menacash token will be available for crowdsale.
Funding the menapay project will be obtained from the public Token sale (ICO) that will start in November. The total number of the menacash token that will be generated is 400 million of which 256 miilion tokens will be offered for token sales. The menapay company has drafted all functionality that the project will need and a soft cap of $5 million and hard cap of $25 million have been set. The actual initial coin offering(ICO) price is $ 0.165 for each token and if unsold tokens remain during ICO, to give the menacash token the stability it needs.
The menapay has a goal of reaching over $1 billion USD market cap by mid 2019 and have a clear business plan on how to achieve it. The menapay is a very interesting projects because it have board of directors set in place , this most cryptocompanies do not have.
The menapay is built on the Ethereum Bloackchain to ensure the platform does not operate on regulated system centrally and is completely autonomous. Thus the menapay company is a decentralized company.
Menapay has many advanced features which are the P2P transactions, P2M per to merchant payment and the captivating green mining. Menapay token is a currency that is used for the basis of payments in the system. Due to the known facts that Cryptocurrencies are very unstable, unpredictable and volatile, menapay introduces a mean to peg the price of the Menapay token to a stable $1 by backing each tokens with real value cash in the menapay reserves.
Menapay will also play a very big part in our daily activities, menapay brings a 100% non- bank digital solutions through blockchain to create single money to be used in daily life globally. The menapay platform has an onboarding premium merchants who offer special discounts in order to reach over 5 million active users and marketing traditionally.
In conclusion, the menapay also accept up to more than 30 major cryptocurrenices and an can also buy token through bank transfers , credit card and payment in cash. In addition menapay token are been distributed from their mining reserve. Their mining reserve is a place were a certain amount of transaction fee will be used to reward and encourage users who make transactions using the menapay token.
Finally , the main goal of the menapay is to create a new standard in the crypto industry and a level of participatory returns beyond the regular incentives for users and investors. Menapay Brings the world to a new revolution.
More Information
Website: https://www.menapay.io
WhitePaper: https://www.menapay.io/onepager.pdf
Telegram: https://t.me/MenaPay
Facebook:https://www.facebook.com/menapayio
Medium:https://medium.com/menapay
Twitter: https://twitter.com/menapayio
Instagram:https://www.instagram.com/menapay/
Author: https://bitcointalk.org/index.php?action=profile;u=2170055