At the moment I will explain the perfect project that will produce a non-banking structure 100% safe in this region. The project is MENAPAY. For some people who do not know each other, Islam opposes the banking system, and every financial instrument or product provided by the bank is not used at all or in a very small amount.
This project is based entirely on the idea that Islamic banks do not need to be in the world and use blocking technology to conduct business transactions and products between parts of the Middle East and Africa that use them. This project is trying to achieve something unique. Because of the volatility of cryptographic isolation, it is very difficult to use it in daily transactions and buy cheaper products.
MenaPay will also develop MenaCash. MenaCash is fully compatible with legal offers that eliminate price fluctuations and allow users to carry out daily transactions without worrying about the cost of money. 1 MenaCash will remain $ 1, as shown in the white document. This idea is similar to Tether's idea, with the only difference being that MenaCash will be used in daily transactions, not just for trading. No one can deny that cryptographic space and market fluctuations are obstacles to using any digital currency for daily use
MenaPay is developing the most holistic and disruptive solution that has not been seen to overcome the main 'financial system dilemmas' faced by consumers who want to buy online, transfer money, or simply obtain cryptocurrency.
MenaPay replaces traditional payment methods with cryptocurrency which is supported by the blockchain, to provide a secure and transparent payment gateway that allows transactions for every aspect of daily life.
This is a payment platform that is entirely the first blockchain oriented in Middle Eastern and African countries. MenaPay aims to develop the most commonly used cryptocurrency in all MENA regions.
MenaPay strives to get the status of the largest bankless mobile payment option used on the blockchain while it produces important results for those who invest in it. MENA has replaced conventional payment instruments with fully legal cryptocurrency oriented on the blockchain.
How does MenaPay work ?
We have created new standards in the Crypto industry for participatory returns, apart from regular incentives for users and investors.
- P2P transactions
- Peer Payments to P2M Merchants
- M2F Merchant to Foundation
- Green Mining
With the development of Crypto making alternatives to trade transactions because they feel, it will make users easier, transparent and safer. But this also has weaknesses for everyday transactions such as buying basic needs that not all stores provide for cryptographic transactions. will be offered from this case by a program from MenaPay that will accommodate services.
Most regular banking tools are not used in the Middle East and Africa because of the practice of conservative Islam and a poor banking system. This region is also a very fragmented structure with various currencies. MenaPay brings 100% Islamic non-bank digital solutions, using the blockchain to create a single currency for daily use and cross-border transactions.
The MenaPay team has planned two tokens for the entire MenaPay ecosystem. The first is MenaPay and the other is MenaCash .enaPay must be a participatory token that will be used to raise funds from the ICO and then be used to distribute 75% of revenue and profits to the token holders. To overcome the volatility of the price of tokens, the team will also create MenaCash which will be used in daily transactions.
MENAPAY intends to create a new standard payment method that will bring more returns and incentives to customers and traders with lower transaction costs through the application of blockchain technology.
Token information
Name - MenaPay
Type of token - ERC-20
Total Supply - 400,000,000Mpay
Sales Tokens - 256,000,000Mpay
Estimated ICO price - $ 0.165
Soft lid - $ 5,000,000
Hard-cap - $ 25,000,000
TOKEN DISTRIBUTION
64% allocated to public contributors
16% is allocated to team advisors
15% is allocated for marketing prizes
5% is allocated for mining reserves
USE OF FUNDS
5% is allocated for Legal
10% is allocated for Business Development
15% allocated for operations and administration
30% allocated for development and infrastructure
40% is allocated to Marketing
Benefits of MenaPay
This platform is based on decentralized blockchain technology that provides a safe and reliable user transaction environment.
ROADMAP
- FEB/2018
1st Round Capital
Team Building - APR/2018
Product Development
Start
Tokenomics - MAY/2018
Draft Whitepaper
Road Show - JUN/2018
ICO Web Site Live
Foundation
Establishment - AUG/2018
MenaCash Transaction Tests - SEP/2018
Mobile App
Beta Test Ready API & SDK - OCT/2018
Mobile Payment Apps Grand Launch Merchant Tools Launch - NOV/2018
Public Token Sale (ICO) - DEC/2018
Listing on one of the top 10 Exchanges - JAN/2019
50 Merchant Integration (LOI Signed) - APR/2019
New Security Feature:Face Recognition - MAY/2019
Reaching 5 Million MenaPay Users - JUN/2019
500 Merchant Integration - AUG/2019
Reaching 5 Offices in MENA Countries - SEP/2019
Up to 10 Languages Support for MenaPay Merchant Network - OCT/2019
Parental Control for Family Accounts - NOV/2019
MenaPay in Asian Countries and reaching 1.000 Merchants - DEC/2019
Advanced AI Features:
P2P Lending
Payment Installment
For more information, please visit the link below :
Website: https://www.menapay.io/
Whitepaper: https://www.menapay.io/whitepaper_en.pdf
Onepager: https://www.menapay.io/onepager.pdf
Telegram: https://t.me/MenaPay
Instagram: https://www.instagram.com/menapay
Ann Threads: https://bitcointalk.org/index.php?topic=4884588
Author :
Username : chong_ali
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1360386
Eth Address : 0x89095EDC877ed4Ed7D201c9c76EdB68BAA187E2b