Menapay is a fully backed – based transaction/payment entrée in the middle east of Africa and Asia. Menapay helps in replacing the traditional payments strategies with a blockchain – based absolutely backed cryptocurrecncy. This transactions methods provides a secure and clear payment in everyday life.
Some of these issues that the menapay solves are: traditional reserve banking, Lack of transparency regarding how system runs and bank fees with high price(particularly for business). Some of the solutions menapay gives are: Easy access, quick and payment ease, fast settlements, lower fess, privacy, no third party and menapay facilitates international trades.
Some cryptocurrencies cannot be used in daily life transactions because of the fluctuations and cash concern; but Menacash tokens are backed 100% by USDs , which is the currency for transactions in the menapay platform. One Menacash token will always be equal to 1 USD so people can make easy cash outs from the Menapay Platform.
The menapay token distribution is 100%, with 16% assigned for the team advisors, 15% allocated for marketing , 5% are for the Green mining reserve and 64% are for the Public Contributors .
Menapay, because of its non- fluctuating system works through a private blockchain solution to eliminate volatility and assure transactions to be faster and secure.
Menapay token utilizes ERC20 and will be used to distribute the majority of the revenue and profit of the platform and will also be available for crowd sale. The token details are : total supply is 400 million, public sale is 256 million and the ICO price is $0.165. The target for soft cap and hard cap is $5 million and $25 million respectively.
The vision of the menapay is to make a new standard in the crypto industry and level of participatory returns beyond the regular incentives for users and investors. It also aims to reach over one billion USD market cap by mid 2019.
The features of the platform are the P2P transactions payments, P2M to merchant payment and the green mining which will encourage users to use the Menapay platform to perform transactions. Menapay aims to solve the world problems and it is targeting a region with an outdated and inadequate financial infrastructure an untouched market space blockchain technology.
Menapay is conceived and engineered by digital leaders to solve consumer’s fundamental payments and it is one of only few projects. The potential is immense and the impact on the economy and cryptocurrency adoption in the Mena region will be a huge blast especially in Asia and the mid east Africa.
In conclusion, the platform has on board premium merchants who offer special discounts in order to bring about 5 million active users to be part of this amazing platform. The platform has also accepted 30 major cryptocurrencies , bank transfers, credit cards or direct cash payments for users to be able to purchase tokens at ease. The project will be one of the most successful project because it is not just built like a website with just a dot com but like a website with super awesome features.
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