MenaPay - Visa on blockchain

Good day, cryptoworld

As I wrote earlier, the regions of the Middle East and North Africa have a negative attitude towards banking systems and blockchain technologies (because of the Shariah and the large volatility of the cryptocurrency). Read more about it I wrote in the article devoted to the development of the exchange Adab.
And all over the world, cryptocurrencies are not yet suitable for the role of a means for daily calculations, in view of the same huge volatility. (Volatility is an indicator of price changes)

MenaPay creates a system of supranational nonBank MenaCash settlements, focusing on the Middle East and North Africa. To be precise, in 18 countries, with a total population of 441 million people. 86% of them are non-Bank population. This is a huge untapped market, which religion does not allow to use banking services.

It is worth noting that in the countries which are the focus of the system MenaPay includes the so-called group of GCC . These are countries where the average per capita income is $26,000 (which is 236% more than the average income in the world), and this allows us to talk about the huge amount of funds that can be used by the MenaPay blockchain.
Dubai is the world's first city that uses blockchain technology in government operations, one of the cities of this group.

The way out of this situation, which will allow to use the financial assets of this market – MenaPay. Because the dollar of each security MenaCash token (each token MenaCash will always be equal to 1 US dollar), and focus on countries where private Fiat currency subject to large fluctuations, MenaPay has all chances to become the international settlement system. Such as Visa, but on blockchain.

Since the region has almost no experience with banking systems, it will be a distinctive feature of a simple interface that will allow everyone to use MenaPay with convenience. Including through the use of mobile wallets with mandatory KYC.

By promises of developers, 75% of the profit that MenaPay will receive from the commissions, the platform will be distributed among the holders of the tokens that will attract attention to the settlement system and to move away from the more "traditional" types of electronic payments. And also increase the infusion of funds into the MenaPay platform.

In the system there are the following variants of calculations

• P2p transactions - (peer-to-peer)
• P2m Peer to Merchant Payments - (equal to merchant)
• M2F merchant Fund- (merchant Fund)
• Green mining -( each transaction between a peer MenaCash
  merchant may be assessed tokens MenaPay)

Project team

All information about the project team, as well as other features you can look at the
Patform's website
Or in the WhiteList

Token Distribution

Road map

You can also watch a video about the MenaPay platform

ICO details

• Number of tokens for sale: 256,000,000
• SoftCap: $5,000,000
• Hardcap: $25,000,000
• Token price: $ 0.165
• Token: ERC-20
• Link to ICO website: https://www.menapay.io

Official resources of the project MenaPay
WEBSITE: https://www.menapay.io
TELEGRAM: https://t.me/MenaPay
WHITEPAPER: https://www.menapay.io/whitepaper_en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4918239.0
FACEBOOK: https://www.facebook.com/menapayio
TWITTER: https://twitter.com/menapayio
MEDIUM: https://medium.com/menapay
YOUTUBE: https://www.youtube.com/channel/UC56eU1zaQh2S8k7TB4S2RjA
INSTAGRAM: https://www.instagram.com/menapay/

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MY BITCOINTALK USERNAME: AleksandrVP
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1736038
MY ETH ADDRESS: 0xf332EfC442102443E3Fbff2B82297DC5fd2E509E
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