Minerva is a platform that provides an additional profit stream for companies using the Owl token as a means of payment. The economy of Minerva is built in such a way that approved partner companies do not pay commissions for conducting transactions, but on the contrary receive them.
ADVANTAGES
The number of different crypto-currencies is greatly increasing, at the time of writing the article - is approaching a thousand. Because of the lack of a convenient method of payment, you can not purchase a product or service for it. But this method of payment for business has several advantages:
Quick translation due to the use of your own algorithm.
It's all a win (startup, because the system and the user are distributing because they receive a commission for the transactions).
The possibility of low volatility.
Works with Bitcoin, and with the Etherium.
Decentralization (absence of third parties and unnecessary expenses between transfers).
HOW MINERVA WORKS
Due to the fact that sites that accept crypto currency payment (even bitcoin and etherium) are very few, the MINERVA project has come up with how to do it easier. Platforms that decide to accept payments in Minerva tokens (OWL) are awarded bonuses for each successful transaction. The user, buying on the exchange tokens of the project, increases the demand for them, because of which the value of the token increases (in plus and partners, and the founders of the project).
The price of crypto active will directly depend on the release of new tokens and their turnover in the network. Each rate for the token will be rewarded at the price at which the token will be traded on the exchange. Since the price of the token will be regulated by a smart contract, in order to avoid a sharp drop in the rate, the rate will increase accordingly to this rate, thereby creating a real demand for the OWL token.
The Minerva volatility protocol (MVP) is used by the platform to create a localization of 10%, this will keep demand for the token and ensure it from the economic downturn. Since MVP will provide a positive token rate, this will allow rewarding of network participants in the implementation of voting and keep in reserve a portion of the tokens that will have to ensure uninterrupted network operation.
In case of a decrease in the token rate, the project team has developed a special plan for the release of tokens from circulation for a while from the system. This operation will occur in order to preserve the monetary assets. With the help of smart contracts, the token will be displayed and frozen. Once the course is restored, an automatic purchase of the token will occur.
When the market collapses and the price drops sharply, the user will be able to receive a bonus from this token in the future. The bigger the fall - the more the investor gets the income. In case the market continues to go down for a long time, the reward system will decrease and the size of the bonus will be transformed due to natural restoration of the market as a whole.
Team
The founder and general director of the Minerva project is the serial entrepreneur, software developer and blockbuster enthusiast Kevin McShahan. Co-founder, technical director and leading developer of the company Corey Jackson is known for 15 years of experience in web development, programming, traffic analysis and Internet marketing. The third co-founder and strategic partner of Minerva Ron Dilorio is a serial entrepreneur, a business guru with experience in Microsoft , Hewlett Packard , IBM , Sony . Team members: creative director Kol Stuffage ( World Wrestling Enterteinment), leading fundamental developer Robert Forster, IT-veteran Greg Bailey, legal consultant Cady Carrington ( SEC, State Street Bank & Trust ), economic consultant Eugenius Steinbucks, communications chief Paul Petratos, social media strategist Courtney Turner.
Kevin McShihan - Founder / Executive Producer
Corey Jackson - Founder / Lead Developer
Ron Dilorio - Founder / Strategic Partner
Kol Stuffage - Creative Director, Brand & UX / UI
Cory Torrell Design - Business Development / Marketing
Robert Forster - Leading Fundamental Developer
Courtney Turner - HR / PR / Social Media
Paul Petratos - Head of Communications.
Advisors
Roadmap
Token
The Minerva project has a strategically important partnership with a large company that has a multi-million user audience and intends to integrate the Minerva product into its project. The name of this corporation is not disclosed, because according to the concluded contract - both parties can not do this and are waiting for a more suitable moment. To implement such a large-scale project requires not much - it's $ 10 million. This team should easily collect this amount, as there is a trump card that the project is not ready to disclose at the moment, but which, of course, will only play into the hands.
References
Minerva website: https://minerva.com/
Whitepaper Minerva (Eng): https://minerva.com/whitepaper.pdf
Whitepaper Minerva (Rus): https://minerva.com/whitepaper-ru.pdf
Bitcointalk Minerva (Rus): https://bitcointalk.org/index.php?topic=2142737.0
Bitcointalk Minerva (Eng): https://bitcointalk.org/index.php?topic=2072362.0